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TRANSGAZ

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Capital Market

Romania Could Delay Transelectrica, Transgaz Sale

Romania might have to put off its plans to sell more stakes in power grid operator Transelectrica (TEL.RO) and natural gas company Transgaz (TGN.RO), an official at the Economy Ministry said...

Florentina Dragu · 06.09.2011 · 12:36 · 1 min
Transgaz Inks RON1B Gas Transport Contracts
Energy

Transgaz Inks RON1B Gas Transport Contracts

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Thursday announced it has signed transport deals with four local companies for a total amount of 1.027 billion lei (...

Florentina Dragu · 01.09.2011 · 11:39 · 1 min
Energy

Raiffeisen Cuts Transgaz's Target Price To RON237/Share

Raiffeisen Capital&Investment Monday cut by 5% to 237 lei (EUR55.9) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), while keep...

Florentina Dragu · 29.08.2011 · 20:06 · 1 min
Bucharest Shares Hurt Indiscriminately By New Wave Of Declines
Capital Market

Bucharest Shares Hurt Indiscriminately By New Wave Of Declines

On the Romanian bourse, both banks and companies in defensive industries have been hurt by the new wave of stock exchange declines.

Andrei Chirileasa · 22.08.2011 · 00:00 · 2 min
Energy

Transelectrica, Transgaz Get EUR64M For Upgrades

Romanian state-owned energy transporters Transelectrica (TEL.RO) and Transgaz (TGN.RO) will receive non-refundable financing worth a total 272 million lei (some EUR64 million) for upgrades,...

Andrei Cîrchelan · 19.08.2011 · 13:36 · 1 min
Transgaz Net Profit Falls 3.8% To RON255M In First Half
Energy

Transgaz Net Profit Falls 3.8% To RON255M In First Half

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Friday said its net profit fell 3.8% on the year to 255.2 million lei (EUR59.5 million) in the first half, due to hi...

Florentina Dragu · 12.08.2011 · 09:52 · 1 min
Energy

Economy Ministry To Sell 15% Stake In Transelectrica By End-October

Romanian Economy Ministry plans to sell 15% in state-run power grid operator Transelectrica (TEL.RO) on the Bucharest Stock Exchange by end-October, minister Ion Ariton said Thursday.

Florentina Dragu · 11.08.2011 · 14:26 · 1 min
Capital Market

Raiffeisen Cuts Transgaz Target Price To RON250/Share

Raiffeisen Capital&Investment Thursday cut by 3% to 249.5 lei (EUR58.7) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), while...

Florentina Dragu · 21.07.2011 · 16:34 · 1 min
Transgaz Overshoots 2011 Budget
Energy

Transgaz Overshoots 2011 Budget

The management of Transgaz Medias (TGN.RO) admits that budget projections for 2011, which included a profit at one third of 2010 level and falling revenues, are not quite in line with realit...

Adrian Cojocar · 21.06.2011 · 22:00 · 2 min