Transelectrica to choose between E&Y and PwC

Transelectrica got two offers from Ernst & Young and PricewaterhouseCoopers consultancies to have its business plan for 2004-2014 devised. “The contract will be signed by the end of next week at the latest. The offers are highly competitive, and the price will make the difference in the end. It will be a contract below 40,000 euros, anyway, ” Bogdan Popescu Vifor, head of Transelectrica’s Planning and Marketing Department said. He added having the business plan devised by a consultant of world renown would give Transelectrica an edge in its relations with the international rating agencies. “The business plan will entail the long-term running of all operations, taking a great deal of factors into account, from the number of employees to the development of the operational expenses, investments and revenue scheduling,” Popescu Victor explained. Transelectrica had its previous business plan devised by German Tichner Company for 1999-2001 and updated until this year, and held a tender to award the devising of the new one in January. ZF