06.28.2012

The Romanian Government Wednesday approved the listing on Bucharest Stock Exchange of a 15% stake in state-run natural gas pipeline operator Transgaz Medias (TGN.RO). more

06.12.2012

Standard & Poor's Ratings Services placed its 'BB+' long-term foreign and local currency corporate credit ratings on Romanian natural gas transmission system operator Transgaz Medias (TGN.RO) on more

06.06.2012

Romanian Economy Ministry plans to replace the general managers of its majority owned natural gas companies Romgaz Medias and Transgaz Medias (TGN.RO). more

05.25.2012

Romania’s Competition Council said it will finalize in the upcoming months the antitrust inquiry set off last year on the local gas market regarding a potential conspiracy between several companies more

05.14.2012

Romanian national gas transport company Transgaz (TGN.RO) Monday reported a 11% decrease in its first quarter net profit to 173.5 million lei (almost EUR40 million), as sales inched down in the more

05.06.2012

Romania will appoint private managers to run state-owned companies by October and the first companies targeted are hydropower generator Hidroelectrica and natural gas transporter Transgaz (TGN.RO), more

04.25.2012

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday approved paying its shareholders a gross dividend of 29.76 lei (EUR6.79) a share from the 2011 profit, 3.4% higher more

03.26.2012

Romanian state-owned gas transporter Transgaz (TGN.RO) on Monday announced its net profit stood at 379.5 million lei (EUR89.5 million) in 2011, down 3.2% from RON392 million it estimated back in more

03.16.2012

Romanian Economy Ministry may have to transfer its control over the shares of state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to other ministries, more

02.23.2012

Romania will launch roadshows for a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) on February 27, while investors will be able to subscribe to the offering by more

02.15.2012

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday said its net profit rose 4.2% on the year to 392 million lei (EUR92.5 million) in 2011, on higher sales and more

02.02.2012

Raiffeisen Capital&Investment Thursday raised by 12% to 265 lei (EUR55.9) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), while keeping more

01.25.2012

A consortium comprising Raiffeisen Capital & Investment, BT Securities and Czech brokerage firm Wood& Co. Wednesday signed an agreement to broker the secondary offering for a 15% stake in Romanian more

01.23.2012

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) plans to assign public procurement contracts worth 332.4 million lei (EUR76.6 million) in March, above the amount allocated in more

01.06.2012

Romanian state-owned gas transporter Transgaz (TGN.RO) will contribute EUR10.2 million, in the first half of the year, to the consolidated budget of the project company developing the Nabucco gas more

12.28.2011

The most profitable state-run companies on the Bucharest stock exchange--Transgaz Medias (TGN.RO), Conpet Ploiesti (COTE.RO) and this year Transelectrica (TEL.RO) as well--could pay dividends of up to more

12.23.2011

Romanian gas transporter Transgaz (TGN.RO) on Friday said it has requested a correction of its financial indicators because it expects pretax profit to be 53% higher. more

12.15.2011

The government has scheduled to sell 15% in Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz by mid 2012. Hidroelectrica and Nuclearelectrica should follow in the fall. more

12.09.2011

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) has awarded public procurement contracts worth 300.6 million lei (EUR69.2 million) in 2011, down 14.2% on the year, according more

12.08.2011

The transit deal for Russian natural gas on Romanian soil has been extended by another year, until the end of 2012, Thursday said Elisabeta Ghidiu, strategy and corporate management head within more

12.08.2011

A consortium formed of Raiffeisen Capital&Investment, BT Securities and Czech brokerage firm Wood&Co was the sole bidder in the auction for a broker to intermediate the sale of a 15% stake in more

12.07.2011

Standard & Poor's Ratings Services on Wednesday said it lowered its local currency long-term corporate credit rating on Romanian natural gas transmission operator Transgaz Medias (TGN.RO) to 'BB+' more

12.06.2011

The overall value of stock-exchange listed companies fell by EUR7.8 billion since the beginning of the year, despite the listing of investment fund Fondul Proprietatea (FP.RO) in January this year. more

12.05.2011

Romania will sell minority stakes in key state-run companies such as Transelectrica (TEL.RO) and Transgaz (TGN.RO) only if it can get the “best price”, Economy Minister Ion Ariton said Monday. more

11.16.2011

Romania’s Economy Ministry on Wednesday announced that bids will be accepted until December 8 on the brokerage of the operation where an additional 15% stake in Transgaz (TGN.RO) will be listed on more