Transelectrica
Encyclopedia
Transelectrica is a joint - stock 100% state-owned company, its shares being held by the Ministry of Economy and Commerce. August 26th2006 marks the public listing of 10% of the company's shares on the Bucharest Stock Exchange
Bucharest Stock Exchange
The Bucharest Stock Exchange is a stock exchange in Bucharest, capital of Romania. On December 1, 2005, Bucharest's electronic over-the-counter stock market, Rasdaq, was merged with 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. Transelectrica also has subsidiaries that take care of different administration tasks.

Branches

  • ST Bucharest which includes Buzău
    Buzau County
    Buzău is a county of Romania, in the historical region Muntenia, with the capital city at Buzău.-Demographics:In 2002, it had a population of 496,214 and the population density was 81/km².*Romanians – 97%*Roma – under 3% declared, and others....

    , Călăraşi
    Calarasi County
    Călărași is a county of Romania, in Muntenia, with the county seat at Călărași.-Demographics:In 2002, it had a population of 324,617 and a population density of 64/km².*Romanians – 95%*Roma and others.-List of cities by population:...

    , Dâmboviţa
    Dâmbovita County
    Dâmbovița ; also spelt Dîmbovița is a county of Romania, in Muntenia, with the capital city at Târgoviște.-Demographics:In 2002, it had a population of 541,763 and the population density was 134/km²...

    , Giurgiu
    Giurgiu County
    Giurgiu is a county of Romania, in Muntenia, with the capital city at Giurgiu.- Demographics :In 2002, it had a population of 297,859 and the population density was 84/km².* Romanians – over 96%* Roma – 3.5%, and others.- Geography :...

    , Ialomiţa
    Ialomita County
    Ialomița is a county of Romania, in Muntenia, with the capital city at Slobozia.-Demographics:In 2002, it had a population of 296,572 and the population density was 67/km²....

    , Ilfov
    Ilfov County
    Ilfov is the county that surrounds Bucharest, the capital of Romania. It used to be largely rural, but after the fall of communism, many of the county's villages and communes developed into high-income commuter towns, which act like suburbs or satellites of Bucharest...

    , Prahova
    Prahova County
    Prahova is a county of Romania, in the historical region Muntenia, with the capital city at Ploieşti.-Demographics:In 2002, it had a population of 829,945 and the population density was 176/km². It is Romania's most populated county, having a population density double than the country's mean...

    , and Teleorman
    Teleorman County
    Teleorman is a county of Romania, in the historical region Muntenia, with its capital city at Alexandria.The name Teleorman is of Cumanic origin. It literally means crazy forest and, by extension, "thick and shadowy forest" in the Cuman language...

     counties and the city of Bucharest
    Bucharest
    Bucharest is the capital municipality, cultural, industrial, and financial centre of Romania. It is the largest city in Romania, located in the southeast of the country, at , and lies on the banks of the Dâmbovița River....

    . It operates 1,240 km of power lines.
  • ST Constanţa which includes Constanţa
    Constanta County
    Constanța is the name of a county in the Dobruja region of Romania. Its capital city is also named Constanța.-Demographics:In 2002, it had a population of 715,151 and the population density was 101/km². The degree of urbanization is much higher than the Romanian average. In recent years the...

    , Tulcea
    Tulcea County
    Tulcea is a county of Romania, in the historical region Dobruja, with the capital city at Tulcea.-Demographics:In 2002, Tulcea County had a population of 256,492...

    , Galaţi
    Galati County
    Galaţi is a county of Romania, in Moldavia region, with the capital city at Galaţi.-History:Historically Galaţi is part of Moldavia...

    , Brăila
    Braila County
    Brăila is a county of Romania, in Muntenia, with the capital city at Brăila.- Demographics :In 2002, Brăila had a population of 373,174 and the population density was 78/km².*Romanians – 98%*Romas, Russians, Lipovans, Aromanians and others....

     counties and partially that of Ialomiţa
    Ialomita County
    Ialomița is a county of Romania, in Muntenia, with the capital city at Slobozia.-Demographics:In 2002, it had a population of 296,572 and the population density was 67/km²....

     and Vrancea
    Vrancea County
    Vrancea is a county in Romania, with its seat at Focşani. It is mostly in the historical region of Moldavia but the southern part, below the Milcov River, is in Muntenia.-Demographics:...

     counties. It operates 900 km of power lines.
  • ST Piteşti which includes Argeş
    Arges County
    Argeș is a county of Romania, in Wallachia, with the capital city at Pitești.-Demographics:In 2002, it had a population of 652,625 and the population density was 95/km².*Romanians – 96%*Roma , and other.-Geography:...

    , Olt
    Olt County
    Olt is a county of Romania, in the historical regions of Oltenia and Muntenia . The capital city is Slatina.- Demographics :In 2002, it had a population of 489,274 and the population density was 89/km²....

     and Vâlcea
    Vâlcea County
    Vâlcea is a county of Romania, in the historical regions of Oltenia and Muntenia...

     counties. It operates 1,200 km of power lines.
  • ST Craiova which includes Dolj
    Dolj County
    Dolj -Jiu, "lower Jiu", toward Gorj ) is a county of Romania, in Oltenia, with the capital city at Craiova .- Demographics :In 2002, it had a population of 734,231 and a population density of 99/km²....

    , Gorj
    Gorj County
    Gorj is a county of Romania, in Oltenia, with its capital city at Târgu Jiu.- Demographics :In 2002, it had a population of 387,308 and its population density was 69/km².* Romanians – over 98%* Rromas, others.- Geography :...

     and Mehedinţi
    Mehedinti County
    Mehedinţi is a county of Romania. It is mostly located in the historical province of Oltenia, with one municipality and three communes located in the Banat...

     counties. It operates 1,528 km of power lines.
  • ST Timişoara which includes Timiş
    Timis County
    Timiș , , Banat Bulgarian: ) is a county of western Romania, in the historical region Banat, with the county seat at Timișoara. It is the largest county in Romania in terms of land area....

    , Arad
    County
    A county is a jurisdiction of local government in certain modern nations. Historically in mainland Europe, the original French term, comté, and its equivalents in other languages denoted a jurisdiction under the sovereignty of a count A county is a jurisdiction of local government in certain...

    , Caraş-Severin
    Caras-Severin County
    Caraș-Severin is a county of Romania, in the historical region of Banat and few villages in Transylvania, with the county seat at Reșița.-Demographics:The county is part of the Danube-Kris-Mureș-Tisza euroregion....

     and Hunedoara
    Hunedoara County
    Hunedoara is a county of Romania, in Transylvania, with its capital city at Deva.-Demographics:In 2002, it had a population of 485,712 and the population density was 69/km².*Romanians - 92%*Hungarians - 5%*Romas - 2%*Germans under 1%....

     counties. It operates 1,100 km of power lines.
  • ST Sibiu which includes Alba
    Alba County
    Alba is a county of Romania, in Transylvania, its capital city being Alba-Iulia with a population of 66,406.- Demographics :In 2002, it had a population of 382,747 and the population density was 61/km².* Romanians - 90.4%* Hungarians - 5.4%...

    , Sibiu
    Sibiu County
    Sibiu is a county of Romania, in the historical region Transylvania, with the capital city Sibiu.-Demographics:In 2002, it had a population of 421,724 and the population density was 78/km²....

    , Mureş
    Mures County
    Mureș is a county of Romania, in the historical region of Transylvania, with the administrative centre in Târgu Mureș.-Geography:The county has a total area of 6,714 km²....

    , Harghita
    Harghita County
    Harghita is a county in the center of Romania, in eastern Transylvania, with the county seat at Miercurea-Ciuc.-Demographics:In 2002, it had a population of 326,222 and a population density of 52/km².*Hungarians- 85%...

    , Covasna
    Covasna County
    Covasna is a county of Romania, in Transylvania, with the capital city at Sfântu Gheorghe.-Demographics:In 2002, it had a population of 222,449 and the population density was 60/km².*Hungarians – 73.79% *Romanians – 23.28%...

     and Braşov
    Brasov County
    Brașov ; ) is a county of Romania, in Transylvania, with the capital city at Brașov. The county incorporates within its boundaries most of the Medieval "lands" Burzenland and Făgăraș Land.-Demographics:...

     counties. It includes 987 km of power lines.
  • ST Bacău which includes Suceava
    Suceava County
    Suceava is a county of Romania, in the historical region of Moldavia and few villages in Transylvania, with the capital city at Suceava.- Demographics :...

    , Iaşi
    Iasi County
    Iași is a county of Romania, in Moldavia, with the administrative seat at Iași.-Demographics:As of 1 July 2007, Iași County had a population of 825,100, making it the second most populous county in Romania after Bucharest, with a population density of 150/km².*Romanians - 98.1%*Roma -...

    , Neamţ
    Neamt County
    Neamț is a county of Romania, in the historic region of Moldavia, with the county seat at Piatra Neamț. It has three communes, Bicaz-Chei, Bicazu Ardelean and Dămuc in Transylvania.-Demographics:...

    , Vaslui
    Vaslui County
    Vaslui is a county of Romania, in the historical region Moldavia, with the seat at Vaslui.-Demographics:In 2002, it had a population of 455,049 and the population density was 86/km².*Romanians - over 98%*Romas, other-Geography:...

    , Bacău
    Bacau County
    Bacău is a county of Romania, in Moldavia, with its capital city at Bacău. It has one commune, Ghimeş-Făget, in Transylvania.-Demographics:In 2002, it had a population of 706,623 and the population density was 113/km²....

    , Vrancea
    Vrancea County
    Vrancea is a county in Romania, with its seat at Focşani. It is mostly in the historical region of Moldavia but the southern part, below the Milcov River, is in Muntenia.-Demographics:...

    , Botoşani
    Botosani County
    Botoșani is a county of Romania, in Moldavia, with the capital city at Botoșani.-Demographics:In 2002, it had a population of 452,834 and the population density was 91/km2.*Romanians – – the highest percentage of Romanians in Romania...

     counties. It operates 1,051 km of power lines.
  • ST Cluj which includes Cluj
    Cluj County
    Cluj ; is a county of Romania, in Transylvania, with the capital city at Cluj-Napoca.-Demographics:In 2007, it had a population of 692,316 and a population density of 104/km².*Romanians – 80%*Hungarians – 17.5%*Roma – 2.5%-Geography:...

    , Bihor
    Bihor County
    Bihor is a county of Romania, in Crişana, with capital city at Oradea. Together with Hajdú-Bihar County in Hungary it constitutes the Biharia Euroregion.-Demographics:...

    , Maramureş
    Maramures County
    Maramureș is a county of Romania, in the Maramureș region. The county seat is Baia Mare.- History :* The 10th century frontier county of Borsova was founded by Stephen I of Hungary. Since then Máramaros served as the north-eastern border of the Hungarian Kingdom until 1920, the Trianon Peace...

    , Satu Mare
    Satu Mare County
    Satu Mare County is a county of Romania. The capital city is Satu Mare. Besides Romanians , Satu Mare features a significant ethnic minority of Hungarians .-Demographics:...

     and Sălaj
    Salaj County
    Sălaj is a county of Romania, in the historical regions of Crișana and Transylvania, with the capital city at Zalău.-Geography:Sălaj county has a total area of ....

     counties. It operates 952 km of power lines.

Transelectrica SA is the first state-owned company listed on the Bucharest Stock Exchange
Bucharest Stock Exchange
The Bucharest Stock Exchange is a stock exchange in Bucharest, capital of Romania. On December 1, 2005, Bucharest's electronic over-the-counter stock market, Rasdaq, was merged with the Bucharest Stock Exchange....

 from the programme "A Powerful Market" that the Romania
Romania
Romania is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea...

n Government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...

has initiated in order to float some public companies on the capital market. Now the company has a capitalization of approximately 1.1 billion €.

Subsidiaries

  • OPCOM - The Power Market Operator - OPCOM SA („Operatorul Pietei de Energie Electrica" SA) was set up based on the GD no. 627/2000 as a subsidiary whose sole shareholder is Transelectrica. The mission of this company consists of providing an organized framework for electricity commercial trades.
  • SMART - The company for transmission grid maintenance services SMART SA was established through the reorganization of Transelectrica as an entirely owned branch according to the GD no. 710/2001. The area of expertise of SMART SA is performing revisions and repairs for primary and secondary equipments from the transmission network, including prophylactic measurements, remedying incidents at electrical installations, rendering services in the energy field, micro-production of electric equipments.
  • FORMENERG - The area of expertise of FORMENERG SA subsidiary consists of training activities for personnel in the energy sector. FORMENERG SA was established on 1 April 2002 as a subsidiary 100% owned by Transelectrica.
  • TELETRANS - SC TELETRANS SA is a subsidy (of TRANSELECTRICA SA) having as main activity field IT and communications services for the administration of electrical transport networks for electrical transport networks administration. TELETRANS is operational since January 2003.
  • ICEMENERG - In September 2003 through the GD no. 1065/2003 concerning the reorganization of the National Company "Transelectrica" SA and the „ICEMENERG" SA company by merger through absorption, was approved the reorganization of ICEMENERG SA as a subsidiary 100% owned by Transelectrica. ICEMENERG SA renders services in the field of thermo-electric power stations, electric substations and networks.
  • ICEMENERG SERVICE - In 2004, through the government decision on the reorganisation of the National Power Grid Company Transelectrica SA and ICEMENERG SERVICE SA, by merger through absorption, there was approved the reorganisation of ICEMENERG SERVICE SA as a subsidiary 100% owned by Transelectrica.
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