What is "transelectrica"

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.