TRANSGAZ
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Transgaz OKs Loan To Nabucco International
Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) on Monday approved extending a loan of up to EUR3.75 million to Nabucco Gas Pipeline International so that the latter does...
Transgaz Plans RON2.4B Investment By 2017
Romanian state-owned natural gas transporter Transgaz Medias (TGN.RO) plans to invest at least 2.4 billion lei (EUR541 million) in network upgrade and new pipelines by 2017, the company said...
Transgaz Mulls Bond Issues, New Loans To Finance Investments
Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) is considering launching a series of bond issues or taking out loans to finance its investments scheduled for the 2013-201...
Romania To Start Gas Exports To Hungary In December
Romania will start exporting only reduced amounts of natural gas to Hungary through the gas pipeline linking Arad to Szeged in December 2013, and investments worth EUR120 million are require...
Transgaz, OMV Lend EUR7.5M To Nabucco International
Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) and Austria’s oil and gas company OMV will provide a loan of up to EUR7.5 million to Nabucco Gas Pipeline International so...
Record Number Of Investors Added To Bucharest Bourse In Second Quarter
The number of investment accounts on the Bucharest bourse rose by over 5,000 in the second quarter of this year, the highest rise since the crisis started in 2008. The rise was driven by Tra...
Transgaz Net Profit Falls 44% In First Half, Hit By Nabucco Charge
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Tuesday said its net profit fell 44.2% on the year to 130.14 million lei (EUR29.4 million) in the first half, due to...
Consortium Signs Gas Pipe Repair Contract Worth EUR5M With Transgaz
A consortium of firms Condmag Brasov (COMI.RO), Trustul de Instalatii si Constructii and Gazproiect has signed a contract worth 21.8 million de lei (about EUR5 million) a with state-owned na...
Transgaz Books EUR25M Charge On Nabucco West Project
Romanian natural gas transporter Transgaz Medias (TGN.RO) will write down assets worth 110.7 million lei (EUR25.1 million) in relation to the Nabucco West project, the company said in a stat...