TRANSGAZ
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Romgaz, Transgaz To Have New General Managers
Romanian Economy Ministry plans to replace the general managers of its majority owned natural gas companies Romgaz Medias and Transgaz Medias (TGN.RO).
Antitrust Body To Complete Gas Market Probe In Upcoming Months
Romania’s Competition Council said it will finalize in the upcoming months the antitrust inquiry set off last year on the local gas market regarding a potential conspiracy between several co...
Transgaz 1Q Net Profit At RON173.5M, Down 11% On Year
Romanian national gas transport company Transgaz (TGN.RO) Monday reported a 11% decrease in its first quarter net profit to 173.5 million lei (almost EUR40 million), as sales inched down in...
Romania To Appoint Private Managers For State Companies By October
Romania will appoint private managers to run state-owned companies by October and the first companies targeted are hydropower generator Hidroelectrica and natural gas transporter Transgaz (T...
Transgaz Approves RON29.76/Share Dividend For 2011
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday approved paying its shareholders a gross dividend of 29.76 lei (EUR6.79) a share from the 2011 profit, 3.4...
Transgaz Revises Financial Results For 2011. Profit Down 3% From Preliminary Figure
Romanian state-owned gas transporter Transgaz (TGN.RO) on Monday announced its net profit stood at 379.5 million lei (EUR89.5 million) in 2011, down 3.2% from RON392 million it estimated bac...
Economy Ministry To Transfer Control Of Transelectrica, Transgaz
Romanian Economy Ministry may have to transfer its control over the shares of state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to other min...
Romania To Launch Roadshows For Transelectrica SPO Next Week
Romania will launch roadshows for a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) on February 27, while investors will be able to subscribe to the offeri...
Transgaz 2011 Net Profit Rises To RON392M
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday said its net profit rose 4.2% on the year to 392 million lei (EUR92.5 million) in 2011, on higher sales an...