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Transelectrica’s 2018 profit more than three times higher – Romania, 15 February 2019

Romanian electricity transmission system operator Transelectrica recorded a net profit in the amount of some 19 million euros in 2018, which is over three times higher compared to 2017. According to the statement from the company, last year’s financial results were positively influenced by a 13 % Full article available for subscribers of Energy NEWS […]

Transgaz recorded 14 % lower profit in 2018 – Romania, 15 February 2019

Romanian natural gas transmission system operator Transgaz said that it has recorded net profit in the amount of 105 million euros in 2018, which is 14.3 % lower compared to the previous year. The company’s operating revenues dropped by 6 % to 345.8 million euros in 2018, mainly due to lower reve Full article available […]

Romgaz recorded lower net profit in 2018 – Romania, 15 February 2019

Romanian state-owned natural gas producer Romgaz registered a net profit of 295 million euros in 2018, which is 22 % lower compared to 2017. Deputy CEO of Romgaz Dumitru Rotar said that 2018 was a very tricky year for the company, with several events which significantly influenced final financial Full article available for subscribers of […]