Thursday, November 5, 2009

Romania's Transelectrica 9-mo net falls 91 pct


BUCHAREST, Nov 4 (Reuters) - Romania's state-owned power grid operator Transelectrica TSEL.BX posted a 91 percent fall in nine-month net profit on Wednesday, company data showed.

The company reported net profit of 11.5 million Romanian lei ($3.93 million) at the end of September against 133 million in the same period a year ago, on turnover of 1.8 billion lei. (Reporting by Radu Marinas; Editing by Erica Billingham )

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