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

08.26.2013

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) is considering launching a series of bond issues or taking out loans to finance its investments scheduled for the 2013-2017 period, more

08.26.2013

Romania will start exporting only reduced amounts of natural gas to Hungary through the gas pipeline linking Arad to Szeged in December 2013, and investments worth EUR120 million are required for a more

08.20.2013

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) and Austria’s oil and gas company OMV will provide a loan of up to EUR7.5 million to Nabucco Gas Pipeline International so that more

08.20.2013

The number of investment accounts on the Bucharest bourse rose by over 5,000 in the second quarter of this year, the highest rise since the crisis started in 2008. The rise was driven by Transgaz’ more

08.13.2013

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Tuesday said its net profit fell 44.2% on the year to 130.14 million lei (EUR29.4 million) in the first half, due to higher more

08.01.2013

A consortium of firms Condmag Brasov (COMI.RO), Trustul de Instalatii si Constructii and Gazproiect has signed a contract worth 21.8 million de lei (about EUR5 million) a with state-owned natural gas more

07.26.2013

Romanian natural gas transporter Transgaz Medias (TGN.RO) will write down assets worth 110.7 million lei (EUR25.1 million) in relation to the Nabucco West project, the company said in a statement more

07.10.2013

Romania’s natural gas transporter Transgaz (TGN.RO) expects net profit of 271.9 million lei (EUR61.3 million) in 2013, down 17.4% from RON329.3 million last year. more

07.10.2013

The shareholders of Romanian state-owned natural gas transporter Transgaz (TGN.RO) Tuesday appointed a new Executive Board, the company said in a statement Wednesday. more

06.21.2013

Romania’s Finance Ministry has proposed 12 candidates for five positions of member in the Managing Board of state-owned natural gas transporter Transgaz (TGN.RO). more

06.14.2013

Radu Cernov has resigned from the position of member in the Managing Board of Romanian natural gas transporter Transgaz (TGN.RO) and will remain board member until the next general meeting of more

06.12.2013

Romanian lawyer Remus Vulpescu, former head of the country’s state assets privatization office OPSPI, was appointed at the end of May as the Finance Ministry’s representative to the General more

06.12.2013

OMV Petrom (SNP.RO), Fondul Proprietatea (FP.RO), Transgaz (TGN.RO), SIF Moldova (SIF2.RO) and Transelectrica (TEL.RO) are due to begin dividend payment in the next two weeks and will thus unfreeze more

06.05.2013

Romanian state-run natural gas transporter Transgaz (TNG.RO) has appointed Petru Vaduva as its new general manager, replacing Ioan Rusu, the company said in a statement Wednesday. more

05.14.2013

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Tuesday said its first-quarter net profit fell 4.1% on the year to 181.56 million lei (EUR41.4 million), on lower revenue from more

05.02.2013

Raiffeisen Capital&Investment and Wood conducted half of the transactions on the Bucharest Stock Exchange in April. Swiss Capital continued to lead the Bucharest bourse’s brokers chart in the first more

04.29.2013

Petru Vaduva might be appointed general manager of Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) Monday and Virgil Metea is likely to take over as general manager of gas producer more

04.25.2013

Romania requires about EUR10 million more to complete its investment in the Arad-Szeged pipeline and start exporting natural gas to neighboring Hungary, an official of state-run gas transporter more

04.25.2013

There are “good prospects” in the natural gas reserves potentially available in the Black Sea, the Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) said Thursday. more

04.17.2013

Romanian, Czech and Swedish investors subscribed for 70% in the secondary public offering of Romania’s state-run natural gas transporter Transgaz (TGN.RO), the bookrunners on the deal said more

04.17.2013

Romanian state-run natural gas transporter Transgaz (TNG.RO) has raised EUR72 million in a secondary public offering of 15% of its shares ended April 16, Minister-delegate for Energy Constantin Nita more