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Transelectrica SA

Summary

Company ID (NIN)

13328043

Company owner / manager

  • Individuals
  • State
  • Other

Country

Romania

Capital

695,500,398

Total assets

5,242,995,089

Net profit for the period

272,361,543

Report year

2016

Currency

RON

Industry

Power & Gas Distribution

General information

About Transelectrica SA

Transelectrica SA is Romania's sole electricity transmission and system operating company.

As of June 2019, the company’s shares are included in Bucharest Stock Exchange’s blue-chip index BET.

Last updated on June 26, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Jan. 1, 2000
NIN
13328043
Tickers
TEL
Stock Exchange
Bucharest Stock Exchange
ISIN
ROTSELACNOR9
Profile last updated
June 26, 2019, 2:31 p.m.
Alternative names

    Compania Nationala de Transport al Energiei Electrice Transelectrica SA
    Compania Nationala de Transport al Energiei Electrice Transelectrica JSC
    C.N.T.E.E. Transelectrica SA
    C.N.T.E.E. Transelectrica JSC
    CN Transelectrica SA
    CN Transelectrica JSC

History

    Nov 12, 1990 – Regia Autonoma de Energie Electrica RENEL is established as a state-owned company

    July 2, 1998 – State-owned Compania Nationala de Electritate SA is set up after the restructuring of the national electricity company Regia Autonoma de Energie Electrica RENEL.

    July 31, 2000 – Compania Nationala de Electritate SA splits into several separate entities, including Compania Nationala de Transport al Energiei Electrice Transelectrica SA.

    Apr 9, 2001 – The company increases its capital to ROL 659,494,920,000 from ROL 495,982,200,000.

    Sept 7, 2001 – It decreases its capital to ROL 629,494,920,000 from ROL 659,494,920,000.

    Sept 1, 2003 – The institute for energy research and modernisation Institutul de Cercetari si Modernizari Energetice – ICEMENERG SA becomes a subsidiary of Compania Nationala de Transport al Energiei Electrice Transelectrica.

    Dec 17, 2003 – Compania Nationala de Transport al Energiei Electrice Transelectrica increases to ROL 631,044,520,000 from ROL 629,494,920,000.

    Aug 2, 2004 – It decreases its capital to ROL 629,569,590,000 from ROL 631,044,520,000.

    Feb 9, 2005 – The company raises its capital to ROL 659,650,210,000 from ROL 629,569,590,000.

    Oct 10, 2005 – It carries out a capital increase to RON 659,680,790 from RON 659,650,210.

    June 14, 2006 – Transelectrica starts an initial public offering (IPO) on the Bucharest Stock Exchange. The company plans to issue 7.329 million shares with a minimum initial offering price of RON 16.80 in order to boost capital by 10%.

    June 28, 2006 – The company concludes the IPO successfully selling 47.38 million shares for RON 796.08 mln. It raises its subscribed capital to RON 732,978,660 from RON 659,680,790.

    Aug 29, 2006 – The company lists on the first tier of the Bucharest Stock Exchange.

    Last updated on June 26, 2019.

Management

Supervisory Board
Florin – Radu Ciocanelea
Member of the Board
Mircea Gheorghe Dumitru Cosea
Chairman of the Board
Alin-Sorin Mitrica
Member of the Board
Constantin Dumitru
Member of the Board
Adrian Mitroi
Member of the Board
Mihaela Constantinovici
Member of the Board
Virginia Mihaela Toader
Member of the Board
Board of Directors and Executives
Alina-Elena Teodoru
Member of the Board
Andreea Georgiana Florea
Member of the Board
Claudia Gina Anastase
Member of the Board
Adrian Savu
Member of the Board
Ana-Iuliana Dinu
CFO
Marius Danut Carasol
Chairman of the Board and CEO

Contacts

Address
33, G-ral Gheorghe Magheru Blvd.
010325
Bucharest, Romania
Telephones

+40 21 303 5611
+40 21 303 5667
+40 21 303 5948

Fax

+40 21 303 5610

Emails

office@transelectrica.ro
relatii.investitori@transelectrica.ro

Websites
www.transelectrica.ro

Ownership

Name Direct holding Indirect holding Owner type Country
Individuals 7.37 Individual Romania
State 58.69 State
Other 33.94 Other

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
TELETRANS SA 100.0 Romania
SMART SA 70.0 Romania
Operatorul Pieţei de Energie Electrică (OPCOM) 100.0 Romania
Institutul de Cercetari si Modernizari Energetice – ICEMENERG SA 100.0 Romania
FORMENERG SA 100.0 Romania

Products and services

Transelectrica SA is engaged in:

  • transmission of electricity throughout the grid
  • electricity supply to clients
  • maintaining the grid
  • connecting new producers and consumers of electricity to its network
  • installing and maintaining electricity meters.

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