ROMGAZ
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Romgaz Net Profit Rises 40% in Jan-Sept
Romanian state-run natural gas producer Romgaz (SNG.RO) Wednesday reported a net profit of 1.11 billion lei (EUR250 million) for the nine months ended September 30, up 39.8% on the year.
Romgaz Invests EUR27M In Boosting Storage Capacity Of Natural Gas Facility
Romanian state owned natural gas producer Romgaz Medias (SNG.RO) invested EUR27 million in raising by nearly 40% the storage capacity of a natural gas facility in Urziceni, Ialomita County.
Romgaz Net Profit Rises 40% In First Half To RON870.9M
Romanian state-run natural gas producer Romgaz (SNG.RO) Monday reported a 40% higher net profit for the first six months, mainly due to rising revenue from sale of gas from domestic producti...
Romgaz Rejects Variable Payment For Board Members, Executive Management
Romanian state-run natural gas producer Romgaz (SNG.RO) on Wednesday rejected a proposal to introduce a variable payment system for its board of directors and executive managers based on the...
Romgaz's Board, Executive Managers To Receive Variable Pay Based On Share Performance
Romania’s Energy Department and investment fund Fondul Proprietatea (FP.RO), the two largest shareholders in natural gas producer Romgaz SA (SNG.RO), propose the company’s board of directors...
Romgaz Should Complete EUR25M Investment In Gas Storage Unit By End-August
Romania's minister-delegate for energy Razvan Nicolescu wants state owned natural gas producer Romgaz Medias (SNG.RO) to complete a EUR25 million investment raising the storage capacity of a...
Romgaz Hiring To Increase As Budget Grows Larger
Romanian state-run natural gas producer Romgaz Medias (SNG.RO) has increased its 2014 personnel expenditure budget by 15.2 million lei (EUR3.46 million) to allow for new hiring following the...
Romgaz Gets No Bids At Electricity Auction
Romanian state-run natural gas producer Romgaz Medias (SNG.RO) failed to sell a planned 296,163 to 361,977 megawatt-hours of electricity on the local energy exchange OPCOM due to lack of off...
Romgaz Announces EUR152M Exploration Program For 2014
Romanian state-run natural gas producer Romgaz Medias (SNG.RO) has allotted a budget of 666 million lei (EUR151.5 million) for its exploration program in 2014, general manager Virgil Metea s...