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Raiffeisen Ups Romania Transgaz Target Price To RON265/Share
Capital Market

Raiffeisen Ups Romania Transgaz Target Price To RON265/Share

Raiffeisen Capital&Investment Thursday raised by 12% to 265 lei (EUR55.9) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), whil...

Florentina Dragu · 02.02.2012 · 17:45 · 1 min
Capital Market

Transgaz Signs Brokerage Deal For Upcoming Public Offering

A consortium comprising Raiffeisen Capital & Investment, BT Securities and Czech brokerage firm Wood& Co. Wednesday signed an agreement to broker the secondary offering for a 15% stake in Ro...

Florentina Dragu · 25.01.2012 · 20:30 · 1 min
Energy

Transgaz To Buy Goods, Services Worth RON332.4M In March

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) plans to assign public procurement contracts worth 332.4 million lei (EUR76.6 million) in March, above the amount al...

Florentina Dragu · 23.01.2012 · 17:11 · 1 min
Transgaz To Contribute EUR10.2M To Nabucco Project Company
Energy

Transgaz To Contribute EUR10.2M To Nabucco Project Company

Romanian state-owned gas transporter Transgaz (TGN.RO) will contribute EUR10.2 million, in the first half of the year, to the consolidated budget of the project company developing the Nabucc...

Andrei Cîrchelan · 06.01.2012 · 19:00 · 1 min
Which Companies Could Bring Investors Yields Higher Than Bank Interests
Capital Market

Which Companies Could Bring Investors Yields Higher Than Bank Interests

The most profitable state-run companies on the Bucharest stock exchange--Transgaz Medias (TGN.RO), Conpet Ploiesti (COTE.RO) and this year Transelectrica (TEL.RO) as well--could pay dividend...

Andrei Chirileasa · 28.12.2011 · 18:00 · 2 min
Transgaz Requested Budget Correction As It Expects 53% Higher Profit
Energy

Transgaz Requested Budget Correction As It Expects 53% Higher Profit

Romanian gas transporter Transgaz (TGN.RO) on Friday said it has requested a correction of its financial indicators because it expects pretax profit to be 53% higher.

Andrei Cîrchelan · 23.12.2011 · 15:15 · 1 min
Romania Has Big Listing Plans For 2012
Capital Market

Romania Has Big Listing Plans For 2012

The government has scheduled to sell 15% in Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz by mid 2012. Hidroelectrica and Nuclearelectrica should follow in the fall.

Andrei Chirileasa · 15.12.2011 · 00:00 · 2 min
Transgaz Assigned Public Procurement Deals Worth RON300M In 2011
Energy

Transgaz Assigned Public Procurement Deals Worth RON300M In 2011

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) has awarded public procurement contracts worth 300.6 million lei (EUR69.2 million) in 2011, down 14.2% on the year,...

Florentina Dragu · 09.12.2011 · 15:41 · 1 min
Romania Adds Another Year To Transit Deal For Russian Gas
Energy

Romania Adds Another Year To Transit Deal For Russian Gas

The transit deal for Russian natural gas on Romanian soil has been extended by another year, until the end of 2012, Thursday said Elisabeta Ghidiu, strategy and corporate management head wit...

Andrei Cîrchelan · 08.12.2011 · 13:58 · 1 min