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ROMGAZ

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Romgaz May Float Stock Within 12-14 Months
Energy

Romgaz May Float Stock Within 12-14 Months

Economy Minister Ion Ariton said Friday that state-owned gas distributor Romgaz will be floated on the Bucharest bourse within 12 to 14 months.

Andrei Cîrchelan · 03.06.2011 · 19:38 · 1 min
Capital Market

GHCL Upsom Dubbed Insolvent For EUR14M Debt To Romgaz

The Alba court allowed Thursday the insolvency claim filed by state-owned gas distributor Romgaz against chemical plant GHCL Upsom Ocna Mures (UPS.RO).

Andrei Cîrchelan · 03.06.2011 · 13:40 · 1 min
Energy

Court Rejects Proprietatea Fund Challenge Against RON400M Donation - Sources

The Alba Iulia Court of Appeals rejected the challenge issued by investment fund Fondul Proprietatea (FP.RO) against a government decision that stat-owned gas distributor Romgaz donate 400 m...

Andrei Cîrchelan · 02.06.2011 · 16:36 · 1 min
Hidroelectrica, Romgaz To Hike Bucharest Stock Capitalization By 5%-10%
Energy

Hidroelectrica, Romgaz To Hike Bucharest Stock Capitalization By 5%-10%

Romania’s plan to list minority stakes in hydropower generator Hidrolectrica and natural gas producer Romgaz is likely to increase capitalization on the Bucharest bourse by 5% to 10%, a seni...

Florentina Dragu · 31.05.2011 · 14:27 · 1 min
Energy

Romgaz Reports Around 50% Higher Profit Amid Lower Sales

Romgaz Mediaș, the only natural gas producer controlled by the Romanian state, posted a net profit of over EUR70 million in the first three months of the year, a significant rise against the...

ZF English · 10.05.2011 · 07:58 · 1 min
Energy

Romgaz 1Q Net Profit Rises 46.7% On Year To RON299M

Romanian natural gas producer Romgaz Medias on Monday said its first quarter net profit rose 46.7% on the year to 298.7 million lei (EUR72.8 million), despite a 9% drop in sales.

Florentina Dragu · 09.05.2011 · 16:12 · 1 min
Energy

Romania Romgaz To Pay RON40M For Drilling Services At Five Wells

Romanian natural gas producer Romgaz Medias plans to buy drilling and exploration services worth 39.4 million lei (EUR9.64 million) over four and a half months for five wells in Braila, Suce...

Florentina Dragu · 04.05.2011 · 11:00 · 1 min
Energy

Romania May Sell Additional Shares In Romgaz After Bucharest Listing

Romania’s government might sell further shares in natural gas producer Romgaz after the company’s floating in Bucharest, but it will keep the majority stake, according to an official documen...

Bogdan Neagu · 17.01.2011 · 13:28 · 1 min