Romania’s Transelectrica Hikes Tariffs By Up To 7.8% Jan 1

Thus, the average tariff for energy transport rose by 5.22%, from 15.33 lei (EUR1= 3.4296)/MWh to RON16.13/MWh, the system service tariff rose by 7.8% at RON20.08/MWh, while the tariff for services provided by Opcom was kept unghanged at RON0.3/MWh.

The new tariffs, except for the transport tariffs, are in accordance with the company’s 2009 budget.

Following the transport tariff increase, Transelectrica’s budget will also be revised, alongside other cost-cut measures.

"The company plans to change the initially approved investment plan,” the company said in a press release.

On Bucharest Stock Exchange at GMT08:29, Transelectrica shares were trading flat on the day, at RON11.3.