“The contract is concluded in accordance with the provisions set by the Bucharest Stock Exchange (BVB) regarding the Issuer’s Market Maker, included in the BVB Code – Market Operator, and aims to increase the liquidity of SNG shares,” the report reads.
Romgaz is valued at 30.8 billion lei in market capitalization and is 70% controlled by the Romanian state through the Ministry of Energy. SNG shares have gained 56% since the beginning of the year, on the back of trades worth 460 million lei, according to BVB data.
Romgaz generated RON951 million net profit in the first quarter of 2025, down 24.6% from the year-earlier period and up 2% from Q4/2024.
Turnover reached RON2.38 billion, 4.7% above the level of Q1/2024, while expenses rose by 39.8% to RON1.3 billion. Turnover growth came amid a 14.7% increase in volumes of gas deliveries, with revenues from natural gas sales rising by 4.63% to RON2.09 billion.
Romgaz has a market capitalization of RON30.8 billion and is 70%-owned by the Romanian State through the Ministry of Energy. SNG shares have gained 56% since the beginning of 2025, amid deals worth RON460 million, according to stock market data.