Transgaz
| Type | Public |
|---|---|
| Industry | gas |
| Founded | 2000 |
| Headquarters | Medias, Romania |
| Key people | Florin Muntean, CEO |
| Revenue | US$ 500 million (2008) |
| Employees | 4,500 (2008) |
| Parent | state owned |
Transgaz (BVB: TGN), 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.
Contents
Connections to other countries
- Hungary through the Arad–Szeged pipeline
- Ukraine through Cernauti-Siret natural gas pipeline
- Bulgaria through Negru Voda natural gas pipeline and Giurgiu–Ruse pipeline
Listing on the Bucharest Stock exchange
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.
See also
External links
- Transgaz - company website
