Legal Proceedings Report • Nov 14, 2023
Legal Proceedings Report
Open in ViewerOpens in native device viewer
Current report in accordance with the provisions of Law No 24/2017, BSE Code and Regulation no. 5/2018 of FSA Date of the current report: November 14, 2023 Name of issuer Company: National Power Grid Transelectrica, managed under two tier system Headquarters: Bucharest 3rd district, Str. Olteni no. 2-4 Phone / fax numbers: 4021 3035 611 / 4021 3035 610 Single registration code: 13328043 RON Code: 254900OLXCOUQC90M036 Number in the Commercial Register: J40/8060/2000 Share capital subscribed and paid: 733,031,420 RON Regulated market where the issued securities are transacted: Bucharest Stock Exchange
The National Power Grid Company Transelectrica SA informs the investing public that the Vienna Arbitration Center has registered the arbitration request ARB-5770 Burlacu Oleg (RO) vs. Transelectrica (RO). By means of this request, Mr. Burlacu Oleg requested the obligation of the Company to pay the amount of 46,596 lei, representing the variable component of the remuneration for meeting the performance criteria and objectives for the year 2020, updated with the inflation rate, as well as the payment of the amount of 13,697.95 lei, representing the legal penal interest related to the previous debit, calculated from 07.07.2021 until the submission of the arbitration request and the further payment of the legal penal interest related to the main debit until the effective payment date. At the same time, Mr. Burlacu Oleg requested the obligation of CNTEE "Transelectrica" S.A. upon payment of arbitration costs.
Ștefăniță MUNTEANU Bogdan TONCESCU
Executive Director General Chief Executive Officer
Directorate Member
LANGUAGE DISCLAIMER: This document represents the English version of the original official Romanian document filed with the Financial Supervisory Authority ASF. The English version has been created for English readers' convenience. Reasonable efforts have been made to provide an accurate translation, however, discrepancies may occur. The Romanian version of this document is the original official document. Any discrepancies or differences created in the translation are not binding. If any questions arise related to the accuracy of the information contained in the English version, please refer to the Romanian version of the document which is the official version.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.