First quarter profit: Hidroelectrica increases by 34%, Romgaz stagnates, SNN loses 6.4%
Hidroelectrica achieved a net profit of 1.74 billion lei after the first three months of 2023, 34% higher than that…
Romgaz shareholders approve the increase of the BCR credit line to 630 mln. lei
Romgaz (SNG) shareholders approved on Thursday the increase of the ceiling of the credit facility concluded with BCR, by 210…
Romgaz approved the completion of the procurement procedure for the new contract for Iernut unit
Romgaz’s Board of Directors has approved the completion of the procurement procedure for the new works contract for the construction…
Romgaz to grant a gross dividend per share in the amount of 3.42 lei
Romgaz proposes to grant, starting on July 27, 2023, a gross dividend per share in the amount of 3.42 lei,…
Mandate of the general manager of Romgaz, extended until June 19
The Board of Directors of Romgaz approved the two-month extension of the mandate of the general director of the company,…
Popescu: Romgaz will issue bonds to finance Neptun Deep in the first half of 2024
Romgaz (SNG) intends to issue bonds, in the first half of 2024, to finance the Neptun Deep gas extraction project…
OMV Petrom, Romgaz and Transgaz sign the Black Sea gas transport contract
OMV Petrom, Romgaz and Transgaz signed the contract for the transportation of natural gas from the Black Sea into the…
PwC: The local M&A market grew to 5.4 bln. euro in 2022, thanks to Neptun Deep
The mergers and acquisitions market in Romania, transactions signed and concluded, reached 5.4 billion euros last year, surpassing the pre-pandemic…
Eight candidates for the Romgaz Board of Directors, for a four-year term
Eight candidates registered for the elections for the Romgaz Board of Directors (SNG), for a four-year term, which will take…
Romgaz ended 2022 with a net profit of 2.54 billion lei
In 2022, Romgaz obtained a net profit of 2.544 billion lei, up 32.87% compared to the previous year, according to…
Transgaz develops the 90 km Ghercești-Jitaru pipeline, an investment of 230 mil. lei
Transgaz, the operator of the national natural gas transport system (NTS), a state company controlled by the General Secretariat of…
Răzvan Popescu: Romgaz could issue bonds or take loans to finance Neptun Deep
Romgaz could issue bonds or take loans to finance Neptun Deep, Răzvan Popescu, CEO, Romgaz, said at a conference. He…
The solidarity tax will affect over 40 Romanian companies, but cost will be supported by consumers
The solidarity tax will affect over 40 large Romanian companies, including many energy companies such as Electrica Furnizare, Transelectrica, Tinmar,…
Romgaz and Socar Trading signed a new individual contract for the delivery of Azeri natural gas to Romania
Romgaz and Socar Trading, the subsidiary of the national oil company of the Republic of Azerbaijan, signed on February 3,…
Romgaz has not concluded any contract to lease Neptun Deep capacity
Romgaz (SNG) or its affiliate Romgaz Black Sea Limited do not have any concluded or ongoing contracts aimed at the…
Răzvan Popescu, Romgaz: I don’t see a long-term problem with the financing of Neptun Deep
Romgaz will need a financing mix for the Neptun Deep project, which must be very carefully done, and it will…
EY: Romanian M&A market grew 26% in 2022
The Romanian mergers and acquisitions (M&A) market recorded 258 transactions during 2022, with a total estimated value of US$ 6.6bn,…
Romgaz would have to pay a profit surcharge of 906 mln. lei
Romgaz is to pay about 906 million lei on account of the solidarity tax, the amount being provided for in…
Deloitte: Romgaz – Exxon deal, the most important of 2022
Romania’s mergers and acquisitions (M&A) market reached a record in 2022 in terms of value and number of deals, according…
Romgaz allocates 3.7 mln. lei for fire prevention device installation
The National Natural Gas Company Romgaz allocates a budget of 3.7 million lei, without VAT, for installation works of fire…
Best Corporate Citizen – 2022 Energynomics Awards nominations
We are starting to present the 2022 nominations for the Energynomics Awards, with the “Best Corporate Citizen” section – a…
Minister of Energy: 2022 was the year of investments, the results will be visible in 2-3 years
The year 2022 was full of challenges, in which the Government managed the energy crisis and, at the same time,…
Dărăban: Romania has a credibility issue that it will be hard to change
Romania has a very serious problem of credibility for large investors, which it will be hard to change, due to…