“We mention that S.N.G.N ROMGAZ S.A has had deposits at Exim Banca Romaneasca S.A. with a cumulative value over 12 months exceeding the materiality threshold of 5% of the net asset value, and 10% of the net turnover related to 2023 financial year. Some of these deposits matured before May 8, 2024,” the company said in its report.
Romgaz posted RON2.8 billion net profit in 2023, an increase of 10.4% on 2022 and net revenue of RON9 billion, 9% lower year-on-year. It is 70% owned by the Energy Ministry.
(English version by Loredana Fratila-Cristescu)