Transgaz is a state-owned company, which is the technical operator of the national natural gas transmission system in Romania. The company handled in 2017 a quantity of 12.87 billion m³ of natural gas.

HeadquartersMediaș, Romania
Key people
Ion Sterian, CEO
RevenueIncrease467 million (2017)
Increase157.6 million (2017)
Increase131.8 million (2017)
Total assetsDecrease1.147 billion (2017)
Total equityDecrease814 million (2017)
Number of employees
4,628 (2017)
ParentRomanian Government (58.5%)

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 member of the European Network of Transmission System Operators for Gas.

Connections to other countries Edit

Shareholders Edit

Although state-owned, Transgaz was partially privatised in 2007 and 2013 respectively.

The current shareholder structure, as of 2018:

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". 27 August 2014. Archived from the original on 29 September 2014. Retrieved 27 August 2014.
  2. ^ "Romania Raised $95 Million From IMF-Pledged Transgaz Sale". Reuters. 17 April 2013. Retrieved 8 May 2013.