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Joint Venture Including Condmag Brasov Gets RON58M Contract With Romgaz
Energy

Joint Venture Including Condmag Brasov Gets RON58M Contract With Romgaz

A joint venture consisting of Sutech Medias, Condmag Brașov (COMI.RO), and Inspet Ploiesti will get RON58.4 million (EUR13.1 million) plus TVA from state-owned natural gas producer Romgaz Me...

Oana Gavrila · 11.08.2013 · 13:11 · 1 min
Top Ten Contracts Granted By Romgaz In 1H Three Times Higher Than Top Ten Of 2012
Companies

Top Ten Contracts Granted By Romgaz In 1H Three Times Higher Than Top Ten Of 2012

The ten largest contracts awarded by Romgaz in the first half of 2013 stood at over 556 million lei (EUR126 million), almost three times higher than the value of the top ten contracts grante...

Tudor Ioana Raluca · 01.08.2013 · 00:00 · 2 min
Romania Seeks To Raise EUR600M From Selling 15% In Romgaz
Capital Market

Romania Seeks To Raise EUR600M From Selling 15% In Romgaz

Romania’s Economy Ministry wants to obtain EUR600 million from selling a 15% stake in natural gas producer Romgaz Medias in November and is considering floating the company on both the Bucha...

Florentina Dragu · 25.07.2013 · 13:33 · 1 min
Romgaz To Use Gas From Cojocna Field To Produce Low-Cost Energy
Energy

Romgaz To Use Gas From Cojocna Field To Produce Low-Cost Energy

Romanian state-run natural gas producer Romgaz Medias will use the gas from its newly discovered Cojocna field to fuel two low-power electric units in the region, the company said in a state...

Florentina Dragu · 18.07.2013 · 15:19 · 1 min
Condmag, Inspet To Build RON237.5M Gas Compressor For Romgaz
Energy

Condmag, Inspet To Build RON237.5M Gas Compressor For Romgaz

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) and peer company Inspet Ploiesti will build together a natural gas compression system for state-run gas company Romgaz Medias, Condma...

Florentina Dragu · 15.07.2013 · 18:49 · 1 min
Romania’s 100 Most Profitable Companies Make EUR3.7B Profit
Companies

Romania’s 100 Most Profitable Companies Make EUR3.7B Profit

The most profitable companies in Romania posted EUR3.755 billion net profit together last year. OMV Petrom (SNP.RO) was the top profit maker, with its EUR864.1 million accounting for 23% of...

Tudor Ioana Raluca · 15.07.2013 · 08:40 · 1 min
Romgaz Boasts Net Profit Of Over EUR100M In 1Q
Companies

Romgaz Boasts Net Profit Of Over EUR100M In 1Q

State-controlled Romgaz, Romania’s largest gas producer, recorded a net profit of 473.4 million lei (EUR108 million) in the first quarter of this year, up by around 84% against the similar p...

Oana Gavrila · 02.07.2013 · 08:28 · 2 min
Romgaz Pays RON1B Dividend From 2012 Profit
Energy

Romgaz Pays RON1B Dividend From 2012 Profit

Romanian state-run natural gas producer Romgaz Medias will pay out its shareholders total dividends worth 1.06 billion lei (EUR236 million) from the 2012 net profit, 13% higher on the year.

Florentina Dragu · 06.06.2013 · 17:54 · 1 min
Condmag Wins Contract With Romgaz. Shares Jump In Bucharest
Energy

Condmag Wins Contract With Romgaz. Shares Jump In Bucharest

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) has won a 237.5 million lei (EUR55 million) contract to build a natural gas compressor for state-owned natural gas producer Romgaz Me...

Ioana Tudor · 21.05.2013 · 11:02 · 1 min