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TRANSGAZ

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Transgaz OKs 2010 Dividend At A Record RON338.7M
Energy

Transgaz OKs 2010 Dividend At A Record RON338.7M

Romania’s state-run natural gas pipeline operator Transgaz Medias (TGN.RO) will pay out total dividend of 338.7 million lei (EUR81.2 million) from last year’s profits, a record figure for th...

Florentina Dragu · 10.06.2011 · 12:40 · 1 min
Energy

Transgaz Expects 67% Fall In 2011 Profit To RON124M

Romania’s state-run natural gas pipeline operator Transgaz Medias (TGN.RO) estimates its net profit will drop 67% to 123.9 million lei (EUR29.7 million) in 2011, due to lower revenue and ris...

Florentina Dragu · 09.06.2011 · 15:38 · 1 min
Raiffeisen Cuts Target Price For Romanian Transgaz To RON285/Share
Capital Market

Raiffeisen Cuts Target Price For Romanian Transgaz To RON285/Share

Raiffeisen Capital&Investment cut 1.5% off the target price for shares in Romanian state-owned gas transporter Transgaz (TGN.RO), to 285 lei (EUR69) from RON289.5, but maintained the “hold”...

Andrei Cîrchelan · 03.06.2011 · 18:02 · 1 min
Energy

Transgaz 1Q Net Profit +3% On Year At RON195M

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Friday said its net profit rose 3% on the year to 194.9 million lei (EUR46 million) in the first quarter, on higher...

Florentina Dragu · 13.05.2011 · 10:02 · 1 min
Energy

S&P Affirms Transgaz At BB+/BBB-; Outlooks Stable

Standard & Poor’s Thursday affirmed its foreign currency corporate rating on Romanian gas pipeline operator Transgaz Medias (TGN.RO) at 'BB+' and the local currency corporate rating at 'BBB-...

Florentina Dragu · 05.05.2011 · 12:41 · 2 min
Energy

Transgaz Calls New Shareholder Meeting, Proposes Same Dividend

The managing board of state-owned gas transporter Transgaz (TGN.RO) called a shareholder meeting for June 9, proposing the same value of dividend rejected Friday by the Economy Ministry, whi...

Andrei Cîrchelan · 02.05.2011 · 14:49 · 1 min
Energy

Economy Ministry Rejects Transgaz Proposal To Pay 2010 Dividend

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Friday said its majority holder, the Economy Ministry, has rejected a proposal to pay out dividends from last year’s...

Florentina Dragu · 29.04.2011 · 18:40 · 1 min
Energy

Romanian Transgaz Requests Higher Gas Transport Fees

Romanian state-owned gas transporter Transgaz (TGN.RO) asked energy watchdog ANRE to increase the transport fees for natural gas, company official Elisabeta Ghidiu said Tuesday.

Andrei Cîrchelan · 29.03.2011 · 15:19 · 1 min