Transelectrica

Infobox_Company
company_name = Transelectrica SA
company_
company_type = Public (BVB: [http://www.bvb.ro TEL] )
foundation = 2000
location = Bucharest, Romania
key_people = Stelian Gal, CEO
num_employees = 2.156 (2007)
revenue = US$ 1.2 billion (2007)
industry = electricity
parent = state owned
homepage = [http://www.transelectrica.ro www.transelectrica.ro]

Transelectrica is a joint - stock 100% state-owned company, its shares being held by the "Ministry of Economy and Commerce". August 26^th2006 marks the public listing of 10% of the company's shares on the Bucharest Stock Exchange (BVB).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:
* ST Bucharest which includes Buzău, Călăraşi, Dâmboviţa, Giurgiu, Ialomiţa, Ilfov, Prahova, and Teleorman counties and the city of Bucharest. It operates 1,240 km of power lines.
* ST Constanţa which includes Constanţa, Tulcea, Galaţi, Brăila counties and partially that of Ialomiţa and Vrancea counties. It operates 900 km of power lines.
* ST Constanţa which includes Argeş, Olt and Vâlcea counties. It operates 1200 km of power lines.
* ST Craiova which includes Dolj, Gorj and Mehedinţi counties. It operates 1,528 km of power lines.
* ST Timişoara which includes Timiş, Arad, Caraş-Severin and Hunedoara counties. It operates 1,100 km of power lines.
* ST Sibiu which includes Alba, Sibiu, Mureş, Harghita, Covasna and Braşov counties. It includes 987 km of power lines.
* ST Bacău which includes Suceava, Iaşi, Neamţ, Vaslui, Bacău, Vrancea, Botoşani counties. It operates 1,051 km of power lines.
* ST Cluj which includes Cluj, Bihor, Maramureş, Satu Mare and Sălaj counties. It operates 952 km of power lines.Transelectrica SA is the first state-owned company listed to 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 capitalisation of approximately 1.1 billion €.

ee also

*List of Romanian companies
*BET-10