02.13.2015

Romanian state-owned natural gas transport company Transgaz (SNG.RO) Friday said its net profit rose 51.7%, to 507.4 million lei (EUR114.3 million) in 2014, from RON334.4 million a year earlier. more

12.17.2014

Romania’s government approved an ordinance placing state-run companies Transelectrica (TEL.RO) and Transgaz (TGN.RO) under the authority of the Economy Ministry, people familiar with the matter said more

12.03.2014

Romania's gas transmission company Transgaz (TGN.RO) may become the main pipeline operator in the region now that Russia has dropped plans to build South Stream. more

11.19.2014

Oil companies from U.S. to Russia have rushed to the Black Sea lured by the prospective deepwater hydrocarbon deposits and the promising results of the surveys and drills did not go unnoticed by more

11.12.2014

Romanian state-owned natural gas transport company Transgaz (SNG.RO) Wednesday said its net profit more than doubled in the first nine months, compared with the earlier period when the company booked more

08.13.2014

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday said its net profit more than doubled to 294.36 million lei (roughly EUR66.4 million) in the first half, helped by more

08.08.2014

Standard & Poor's Ratings Services on Friday revised its outlook on Romanian state-run natural gas transporter Transgaz (TGN.RO) to stable from negative, saying it expects the company to generate more

06.04.2014

Romania’s natural gas transmission system operator Transgaz Medias (TGN.RO) must upgrade its pipeline network to be able to carry the gas extracted from the Black Sea blocks, OMV Petrom chief more

05.30.2014

Romanian dominant oil company OMV Petrom (SNP.RO), US-based oil giant ExxonMobil and state-run natural gas pipeline operator Transgaz Medias (TGN.RO) signed last week an agreement according to which more

05.14.2014

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday said its net profit rose 37% on the year to 248.8 million lei (EUR56 million) in the first quarter, helped by higher more

04.16.2014

The Government’s General Secretariat, majority shareholder of Romanian natural gas pipeline operator Transgaz Medias (TGN.RO), named two representatives in the company’s general shareholders more

04.07.2014

Romania’s Senate adopted the ordinance on placing state-run companies Transelectrica (TEL.RO) and Transgaz (TGN.RO) from the Finance Ministry to the government’s General Secretariat. more

04.03.2014

BCR Asigurari de Viata will provide health insurance services for the 5,000 employees of Romanian natural gas pipeline operator Transgaz Medias (TGN.RO) for the next for years, under a EUR4.94 more

03.24.2014

Romanian natural gas pipeline operator Transgaz (TGN.RO) plans to pay dividends totaling 207 million lei (EUR46.2 million), down 17% on the year, representing around 60% of last year’s profit, worth more

02.25.2014

Romania’s natural gas transmission network is outdated and must be upgraded to allow increased flows from the Black Sea fields, state-run gas transporter Transgaz (TGN.RO) said Tuesday. more

02.17.2014

Romanian natural gas pipeline operator Transgaz (TGN.RO) Monday reported a net profit of 336.9 million lei (EUR75 million), 2% higher on the year, as the increasing operational profit offset a surge more

02.14.2014

Romania’s government approved an emergency ordinance placing the state-run companies Transelectrica (TEL.RO) and Transgaz (TGN.RO) under the authority of the government’s General Secretariat, more

12.18.2013

2013 has been the best of the last six years in terms of the value of stock exchange transactions. In fact it can even be considered the best year in the history of the bourse considering the large more

12.12.2013

Romanian regional investment fund SIF Oltenia (SIF5.RO) has bought 0.44% of the shares of state-run natural gas transporter Transgaz (TGN.RO) for 8.91 million lei (EUR2 million) via a private offering more

12.12.2013

Romanian investment fund Fondul Proprietatea (FP.RO) has sold its entire stake in state-run natural gas transporter Transgaz (TGN.RO) via a private offering for 303.51 million lei (EUR68.2 million). more

12.11.2013

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell a 10% stake in natural gas transporter Transgaz (TGN.RO) via a private offering, the fund said in a statement Tuesday. more

12.04.2013

Romanian investment fund Fondul Proprietatea (FP.RO) appointed Citigroup Global Markets, Raiffeisen Capital & Investment and Wood & Company as advisors to evaluate its strategic options to sell a part more

11.13.2013

Romanian natural gas transmission company Transgaz (TGN.RO) Wednesday reported a net profit of 159.5 million lei (EUR35.8 million) for the first nine months, down 37.3% on the year, as an increase in more

09.23.2013

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) on Monday approved extending a loan of up to EUR3.75 million to Nabucco Gas Pipeline International so that the latter doesn’t go more

08.26.2013

Romanian state-owned natural gas transporter Transgaz Medias (TGN.RO) plans to invest at least 2.4 billion lei (EUR541 million) in network upgrade and new pipelines by 2017, the company said in a more