The deposit is in amount of RON250 million, the interest rate is 5.88% per annum, and the maturity date is July 14, 2025, the report reads.
In total, the deposits made by Romgaz with Exim Banca Romaneasca reach RON1.43 billion, according to calculations by Ziarul Financiar (ZF) daily based on a stock market report.
“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 10% of the net turnover related to 2023 financial year. Some of these deposits matured before March 31, 2025,” the report reads.
Romgaz ended 2024 with a turnover of RON7.9 billion, down 12% against 2023, and net profit of RON3.2 billion, up 15% year-over-year.
SNG shares have traded 16.9% higher so far in 2025 and 7.1% higher over the last 12 months, triggering a market capitalization of RON23.3 billion.
The Romanian State, via the energy ministry, owns 70% of Romgaz’s share capital, in line with stock market data.