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TRANSGAZ

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Transgaz:Transmission Grid Outdated; Needs New Pipelines For Black Sea Gas
Energy

Transgaz:Transmission Grid Outdated; Needs New Pipelines For Black Sea Gas

Romania’s natural gas transmission network is outdated and must be upgraded to allow increased flows from the Black Sea fields, state-run gas transporter Transgaz (TGN.RO) said Tuesday.

Florentina Dragu · 25.02.2014 · 17:12 · 1 min
Transgaz 2013 Net Profit Inches Up 2% To RON337M
Energy

Transgaz 2013 Net Profit Inches Up 2% To RON337M

Romanian natural gas pipeline operator Transgaz (TGN.RO) Monday reported a net profit of 336.9 million lei (EUR75 million), 2% higher on the year, as the increasing operational profit offset...

Bogdan Neagu · 17.02.2014 · 19:04 · 1 min
Transelectrica, Transgaz Placed Under Government Secretariat’s Authority
Energy

Transelectrica, Transgaz Placed Under Government Secretariat’s Authority

Romania’s government approved an emergency ordinance placing the state-run companies Transelectrica (TEL.RO) and Transgaz (TGN.RO) under the authority of the government’s General Secretariat...

Florentina Dragu · 14.02.2014 · 16:31 · 1 min
Biggest Transactions On Stock Exchange In 2013
Capital Market

Biggest Transactions On Stock Exchange In 2013

2013 has been the best of the last six years in terms of the value of stock exchange transactions. In fact it can even be considered the best year in the history of the bourse considering th...

Daniela Stoican · 18.12.2013 · 00:00 · 4 min
SIF Oltenia Buys 0.44% In Transgaz From Fondul Proprietatea For EUR2M
Energy

SIF Oltenia Buys 0.44% In Transgaz From Fondul Proprietatea For EUR2M

Romanian regional investment fund SIF Oltenia (SIF5.RO) has bought 0.44% of the shares of state-run natural gas transporter Transgaz (TGN.RO) for 8.91 million lei (EUR2 million) via a privat...

Ecaterina Craciun · 12.12.2013 · 18:01 · 1 min
Fondul Proprietatea Exits Shareholding Structure Of Transgaz
Capital Market

Fondul Proprietatea Exits Shareholding Structure Of Transgaz

Romanian investment fund Fondul Proprietatea (FP.RO) has sold its entire stake in state-run natural gas transporter Transgaz (TGN.RO) via a private offering for 303.51 million lei (EUR68.2 m...

Ioana Tudor · 12.12.2013 · 11:02 · 1 min
Proprietatea Fund To Sell 10% In Transgaz Via Private Offering
Capital Market

Proprietatea Fund To Sell 10% In Transgaz Via Private Offering

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell a 10% stake in natural gas transporter Transgaz (TGN.RO) via a private offering, the fund said in a statement Tuesday.

Florentina Dragu · 11.12.2013 · 10:36 · 1 min
Fondul Proprietatea Is Considering Selling Part Or Entire Stake In Transgaz
Energy

Fondul Proprietatea Is Considering Selling Part Or Entire Stake In Transgaz

Romanian investment fund Fondul Proprietatea (FP.RO) appointed Citigroup Global Markets, Raiffeisen Capital & Investment and Wood & Company as advisors to evaluate its strategic options to s...

Ioana Tudor · 04.12.2013 · 19:33 · 1 min
Transgaz 9-Month Net Profit Falls 37.3% To RON159.5M
Energy

Transgaz 9-Month Net Profit Falls 37.3% To RON159.5M

Romanian natural gas transmission company Transgaz (TGN.RO) Wednesday reported a net profit of 159.5 million lei (EUR35.8 million) for the first nine months, down 37.3% on the year, as an in...

Bogdan Neagu · 13.11.2013 · 09:58 · 1 min