In 2010, Romgaz reported a net profit of RON651.2 million.
The company said total sales increased by more than 13% to RON4.05 billion in 2010, from RON3.57 billion a year earlier.
The results were positively influenced by the volumes of natural gas sold, Dumitru Chisalita, interim general manager of Romgaz, told a seminar organized by Ziarul Financiar and Bucharest Stock Exchange.
Romgaz is majority owned by the Economy Ministry, with an 85.01% stake. The ministry plans to sell 15% of its stake on the Bucharest bourse in 2012. (EUR1=RON4.3557)