In 2014, Romgaz posted a net profit of RON1.4 billion.

The company estimates reduced demand due to unseasonably warm weather and diminished activity in the petrochemical industry lowered its turnover by 9.8% in 2015 compared with 2014, to RON4.05 billion. Romgaz covered 45% of domestic demand in 2015.

The company invested RON925 million last year, less than in 2014, when it spent RON1.086 billion on investments.

Romgaz is 70% owned by the Romanian state.

Subiecte #earnings#ROMGAZ