The loan is aimed at “financing the working capital requirements for the balancing activity at Transgaz level”, and the duration of the contract is two years.
Transgaz shares were up 0.87% at the end of Friday’s trading session on a traded volume of more than RON600,000. They have lost 1.5% since the beginning of 2022 on a traded volume of RON70 million. In contrast, the BET-NG index of energy companies has gained 1.56% over the same period.
Held by the Romanian government 58.5% the General Secretariat of the Government, the national natural gas transmission company has a capitalization of RON2.7 billion, Bucharest Stock Exchange data show.
(English version by Loredana Fratila-Cristescu)