Transgaz
| Public | |
| Traded as | : 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 |
| Website | www |
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.
On 26 November 2007, Transgaz issued an IPO on the 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 surpassing Transelectrica which earned US$308 million in 2006.
On 15 April 2013, there was a SPO on the for 15% of the company that raised US$95 million.
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Wikipedia