“Approval to procure legal consultancy, assistance and/or external representation services for SNGN Romgaz S.A. required in connection with the acquisition of share package/assets/ with business transfer from a company active in the field of electricity and natural gas supply”, as per the convening notice.
Romgaz is 70%-owned by the Romanian State. SNG have gained 2.4% so far in 2024, amid deals worth RON155 million. The company reported a turnover of RON9 billion in 2023, down 33% on the year, and its net profit grew by 10%.