Shareholders are also expected to set the fixed gross monthly allowance of interim board members, in compliance with article 37 paragraph (2) of Government Emergency Ordinance no. 109/2011 on corporate governance of public companies, per the company’s summoning note.
In March 2021, Romgaz elected in its interim Board of Directors Aristotel Marius Jude (general manager), Simescu Bogdan Nicolae (chairman), Stan Olteanu Manuela Petronela, Botond Balazs, George Sergiu Nicolescu, Gheorghe Silvian Sorici and Dan Dragos Dragan.
Romgaz reported a preliminary net profit of RON1.25 billion in 2020, up 15.14% versus 2019, and a preliminary turnover of RON4.07 billion for 2020, down 19% on the year, as sales of natural gas dropped 10% in volume and over 24% in value, per data aggregated by Ziarul Financiar from the company’s preliminary financial report on the stock market.
Romgaz has a stock market capitalization of RON11.8 billion and is 70% owned by the Romanian State.