GDF Suez Energy Romania To Invest RON150M In Gas Network Upgrades

04.13.2011 By Andrei Circhelan

GDF Suez Energy Romania will invest some 150 million lei (EUR1=RON4.1152) this year in gas network upgrades, company general manager Yvonnick David said Wednesday.

GDF Suez Energy Romania will invest some 150 million lei (EUR1=RON4.1152) this year in gas network upgrades, company general manager Yvonnick David said Wednesday.

The company's investment budget for 2011 targets other goals as well, according to David, who refrained from stating other numbers.

GDF Suez Energy Romania (former Distrigaz Sud) is part of French-Belgian group GDF Suez. The company posted sales of RON3.46 billion in 2009, and it has 1.3 million clients.