Romgaz Gives State EUR143M From Profit, Keeps Only EUR18M For Investments

06.20.2011 By Roxana Petrescu

Romgaz Medias, one of the most valuable state-owned companies that accounts for half of the Romania's natural gas production, is to give EUR168 million, 90% of last year's net profit, plus non-distributed profit from previous years. Most of the money will go to the state budget in the form of dividends. The company will keep only EUR18 million for investments.

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