The first deposit is worth RON252 million, was placed with Raiffeisen Bank, and matures on August 25, 2025.
The second deposit is worth RON100 million, was placed with UniCredit, and matures on March 16, 2026.
“We mention that, S.N.G.N ROMGAZ S.A has had deposits at each of the two aforementioned banks, with a cumulative value over 12 months exceeding the materiality threshold of 10% of the net turnover related to 2024 financial year,” the report reads.
Romgaz, 70%-owned by the Romanian State, reported RON4.2 billion turnover for the first half of 2025, up 9% from the year-earlier period, while net profit went down by 8.6% to RON1.7 billion.
SNG shares have traded 42% higher over the last 12 months, triggering a market value of RON32 billion.