The decisions were approved at the end of 2014 by the company’s general shareholders’ assembly.

The loan from GDF SUEZ Energy Romania will be used to support the company’s operations.

GDF SUEZ Energy Romania is part of France’s GDF SUEZ and operates on the Romanian renewable energy market and natural gas and electricity distribution and supply.

GDF SUEZ Energy Romania bought OMV Petrom’s 28.59% stake in Congaz last year.

Congaz, set up in 1999, operates a pipeline network of around 850 kilometers and serves 55,000 clients in the southeastern Romanian county of Constanta.

Subiecte #CONGAZ#LOAN