Transgaz

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Transgaz
Public
Traded as BVB: TGN
Industry gas
Founded 2000
Headquarters Medias, Romania
Key people
Florin Muntean, CEO
Revenue US$ 500 million (2008)
Number of employees
4,500 (2008)
Parent state owned

Transgaz is a state-owned company, which is the technical operator of the national natural gas transmission system in Romania. The company handled in 2006 a quantity of 15.85 billion m³ of natural gas.
The company has a total transport capacity of 30 billion m³ of natural gas and a pipe network of 13,000 km.

Transgaz is a partner in the Nabucco Pipeline project.

Connections to other countries[edit]

Listing on the Bucharest Stock exchange[edit]

On 26 November 2007, Transgaz issued an IPO on the BSE aiming to earn around US$84 million for developing on the local market and abroad but at the end of the IPO offer the company earned a total sum of US$2.52 billion making it the largest IPO on the BSE surpassing Transelectrica which earned US$308 million in 2006.

On 15 April 2013, there was a SPO on the BSE for 15% of the company that raised US$95 million.[2]

See also[edit]

External links[edit]

References[edit]

  1. ^ "Moldova no longer 100% dependent on Russian gas amid EU pipeline inauguration". moldova.org. 27 August 2014. Retrieved 27 August 2014. 
  2. ^ "Romania Raised $95 Million From IMF-Pledged Transgaz Sale". Reuters. 17 April 2013. Retrieved 8 May 2013.