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Transelectrica's 2013 net profit exceeds RON 162 million, up almost five times

Romania's Transelectrica national electricity transmission system operator ended 2013 on a net profit worth RON 162.29 million (about 36 million euros), up almost five times from 2012, when it reported a RON 34.48 million profit, according to preliminary financial reports submitted to the Bucharest Stock Exchange on Monday.The earnings before interest and taxes (EBIT) stood at RON 207.8 million, 2.5 times higher than those recorded in ...

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