Romgaz announced on Tuesday to the Stock Exchange that between November 27, 2019 and January 31, 2020 the company was subjected to an economic and financial inspection by the inspectors of the National Tax Administration Agency (ANAF) which concluded that Romgaz has to distribute additional dividends, worth 34.8 million lei.

The shareholders of Romgaz approved on April 25, 2019 the distribution in the form of dividends of 35% of the existing reserves as of December 31, 2018, but following the verifications made, the control team considered that the company should have applied the quota of 35% also to the reserves constituted in the year 2019, although they were not in company’s balance sheet on December 31, 2018, according to zf.ro.

Therefore, ANAF issued an inspection report by which Romgaz must distribute additional dividends of 34.8 million lei, of which 24.3 million lei are due to the majority shareholder, respectively the Romanian state through the Ministry of Economy and Energy (70%).