Romgaz shareholders rejected the performance indicators proposed for the period 2018-2022. At the same time, the quorum vote of May 15 was a rejection for “the variable annual component of the remuneration of the members of the Board of Directors in the amount of 12 monthly fixed indemnities.”

At the same time, Ramona Ungur, a former asset restructuring banker at BCR during 2013-2018, and a former representative of the board of Electrica and Oil Terminal, became the new president of Romgaz, after Liviu Nistoran – a businessman known mostly for his IT expertise, gave up his mandate.

Romgaz announced a net profit increase of 16.26% or 75.8 million lei, up to 542 million lei, for the first quarter of the year. Turnover increased by 15.5% to 1.7 billion lei.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.