Transgaz Calls Shareholders Meeting To Approve Sale Of 25% Stake In Vestmoldtransgaz To EBRD For EUR20M

08.24.2020 By Ecaterina Craciun

Romania's natural gas transmission company Transgaz (TGN.RO) has called a shareholders' meeting on October 5 to approve the conclusion of a transaction with the European Bank for Reconstruction and Development (EBRD) consisting in EBRD’s subscribing a participation interest newly issued by Vestmoldtransgaz SRL for the amount of EUR20 million, EBRD thus becoming a Vestmoldtransgaz SRL shareholder with 25% of its charter capital, per a stock market report.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: Transgaz; , shareholders; , Vestmoldtransgaz; , EBRD

Comment

Username:
Password: