Transelectrica
From Wikipedia, the free encyclopedia
 | |
| Company type | Public |
|---|---|
| BVB: TEL | |
| Industry | Electricity |
| Founded | 2000 |
| Headquarters | , |
Key people | Horia Hăhăianu (CEO)[1] |
| Services | Electric power transmission |
| Revenue | US$1.2 billion (2007) |
17,400,000 euro (2018)  | |
Number of employees | 2,156 (2007) |
| Website | www |
Transelectrica is an electricity transmission system operator in Romania. It is publicly traded company with 58,69% of the shares being held by the Ministry of Economy and Commerce, 13,5% by Fondul Proprietatea, and 27,81% being floated on the Bucharest Stock Exchange or held by other investors. It is listed at the Bucharest Stock Exchange.
Transelectrica is organized in eight territorial transmission branches and one more branch acting as a metering operator for the electricity traded on the wholesale market. Transelectrica also has subsidiaries that take care of different administration tasks.
- ST Bucharest which includes Buzău, Călărași, Dâmbovița, Giurgiu, Ialomița, Ilfov, Prahova, and Teleorman counties and the city of Bucharest. It operates 1,240 km of power lines.
- ST Constanța which includes Constanța, Tulcea, Galați, Brăila counties and partially that of Ialomița and Vrancea counties. It operates 900 km of power lines.
- ST Pitești which includes Argeș, Olt and Vâlcea counties. It operates 1,200 km of power lines.
- ST Craiova which includes Dolj, Gorj and Mehedinți counties. It operates 1,528 km of power lines.
- ST Timișoara which includes Timiș, Arad, Caraș-Severin and Hunedoara counties. It operates 1,100 km of power lines.
- ST Sibiu which includes Alba, Sibiu, Mureș, Harghita, Covasna and Brașov counties. It includes 987 km of power lines.
- ST Bacău which includes Suceava, Iași, Neamț, Vaslui, Bacău, Vrancea, Botoșani counties. It operates 1,051 km of power lines.
- ST Cluj which includes Cluj, Bihor, Maramureș, Satu Mare and Sălaj counties. It operates 952 km of power lines.
Transelectrica SA is the first state-owned company listed on the Bucharest Stock Exchange from the programme "A Powerful Market" that the Romanian Government has initiated in order to float some public companies on the capital market. Now the company has a capitalization of approximately 1.1 billion €.
