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Transelectrica Announces EUR56M Contract Financed Via National Recovery And Resilience Plan

Romania’s national power transmission company Transelectrica (TEL.RO) has announced in a stock market report on April 9 that it signed with the General Secretariat of the Government the financing contract for the implementation of the investment “The efficiency, modernization and digitization of the national power transmission network”, financed by the REPowerEU component of PNRR, in the amount of EUR56.2 million. ....

Ecaterina Craciun , Subscriptions Department , Advertising Sales Department , Transelectrica Announces , General Secretariat , National Recovery And Resilience Plan ,

Transelectrica Gets Another EUR48M Funding Via Modernization Fund

Romania’s national power transmission company Transelectrica (TEL.RO) got EUR48 million non-repayable funding on Tuesday, February 20, via the tenth funding contract the Energy Ministry signed with the Modernization Fund. ....

Eduard Ivanovici , M Funding Via Modernization Fund , Modernization Fund , Energy Ministry , Subscriptions Department , Advertising Sales Department , Funding Via Modernization , Modernization Fund ,

Transelectrica Expects 14% Higher Revenue, 40% Lower Profit In 2024

State-run national grid company Transelectrica (TEL.RO) estimates total revenue to reach RON5.3 billion in 2024, compared with a preliminary figure of RON4.7 billion in 2023, a potential increase of 14.2% year-on-year, its spending and revenue budget shows, which will be discussed in the general meetings of shareholders in February. ....

Eduard Ivanovici , Advertising Sales Department , Subscriptions Department , Transelectrica Expects , Higher Revenue ,

Moody's Reconfirms Transelectrica's Baa3 Rating, With Stable Outlook

International rating agency Moody's Investors Service (Moody's) has reconfirmed the Ba1 rating, with a positive outlook, awarded to Romania's national power grid operator Transelectrica (TEL.RO).
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Ecaterina Craciun , Subscriptions Department , Moody Investors Service , Advertising Sales Department , Reconfirms Transelectrica , With Stable , Investors Service , Moody S ,

Transelectrica Gets over EUR56M Non-Reimbursable Funding for Three Investment Projects

Romania’s national grid company Transelectrica has obtained an over EUR56 million non-reimbursable funding, via the REPowerEU component of PNRR, for three investment projects envisaging the retooling of the electricity transmission network, with two of them being aimed at the SMART and Teletrans subsidiaries. ....

Roxana Rosu , Subscriptions Department , Advertising Sales Department , Transelectrica Gets , Non Reimbursable Funding , Three Investment ,