The Group’s net profit in Romania grew to EUR100 million in 2020, compared with EUR95 million in 2019. The Group’s report does not offer details regarding the factors behind this evolution, but it is mentioned a better impact of the measures taken by the company against the backdrop of the COVID-19 pandemic with direct influence on sales.
ENGIE Romania has some 2 mi¬llion consumers connected to the natural gas network it manages and investments in expanding the natural gas distribution infra¬structure are a prio¬rity for the company in 2021.
Overall, Romania has 3.9 million customers connected to the natural gas distribution networks, accounting for 44% of the total households countrywide,” Eric Stab, President & CEO of ENGIE Romania, said recently.
The company has announced an investment budget of EUR140 million for 2021, way above the EUR90 million budget for 2020.