“SNTGN Transgaz SA informs investors that, in accordance with the provisions of art. 1 of the Resolution of the Extraordinary General Meeting of Shareholders no. 5 of 9 April 2025, the full subscription of shares issued by Petrostar S.A. for the increase of share capital by the amount of lei 4.520.143, from lei 4.342.867 to lei 8.863.010 was completed. The increase was achieved by the issue of 57.217 new registered shares, each share having a nominal value of 79 lei/share. As a result of this operation, the total number of shares of Petrostar S.A. is 112.190 and Transgaz’ shareholding represents 51% of the company’s share capital, i.e. 57.217 shares,” the report reads.
Petrostar, headquartered in Ploiesti, Prahova County, is a Romanian engineering company operating in the oil and gas industry and providing services, project management, design, consultancy and technological training to companies in the oil and gas sectors. The company is fully engrossed in providing a full range of engineering services to its clients, from conceptual design to manufacturing, installation and field maintenance.
Petrostar’s shareholding structure includes private individuals, as per data on www.termene.ro, one of the leading providers of legal and financial data about Romanian companies.
“Petrostar S.A. is one of the oldest and most representative companies in Romania, active in the field of research, technological engineering and design for the oil and gas extraction industry. The acquisition is part of Transgaz’ development strategy, which aims at expanding its operational capabilities in the area of support and ancillary services for the energy infrastructure, generating additional revenues from activities related to natural gas transmission and tapping the complementarity of the fields of activity of Transgaz and Petrostar,” the report also shows.