Proposed dividends due to the shareholders according to the 2018 profit distribution amount to RON1.21 billion, dividends due from retained earnings amount to RON30.8 million, and dividends due to the shareholders under emergency decree 114/2018 amount RON362 million, the company said.

The proposals will be discussed at the general shareholders’ meeting of April 25.

Romgaz plans to pay dividends on June 24.

The company’s net profit declined to RON1.4 billion in 2018 from RON1.6 billion in 2017. The company is 70% state-owned.