Transgaz
Transgaz SA
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legal form | Societate pe acţiuni (joint stock company) |
ISIN | ROTGNTACNOR8 |
founding | 2000 |
Seat | Mediaș , Romania |
management | Ion Sterian |
Number of employees | 4,628 (2017) |
Branch | power supply |
Website | www.transgaz.ro |
Societatea Naţională de Transport Gaze Naturale Transgaz SA is a Romanian company with headquarters in Mediaş .
The company operates in the natural gas sector and has been listed in the Romanian BET 10 stock index on the Bucharest Stock Exchange since 2007 . Transgaz emerged in 2000 from the restructuring of the state-owned natural gas company Romgaz .
The company employs around 4,600 people (as of 2017) and is a member of the Association of European Gas Transmission System Operators . The company is owned by the Romanian Ministry of Economic Affairs to 58.51 percent - the remaining 41.49 percent are distributed among shareholders. The annual turnover is 467 million euros (2017).
Pipelines
The Transgaz pipeline network covers around 13,000 kilometers and is connected to the following neighboring countries:
- Hungary ( Arad - Szeged pipeline)
- Ukraine ( Chernivtsi - Siret pipeline)
- Bulgaria ( Negru Vodă and Giurgiu – Ruse pipeline)
- Moldova ( Iași - Ungheni pipeline, opened in 2014)
Transgaz was a partner in the Nabucco pipeline project, which has now been discontinued .
In 2016, the project to build a pipeline from Romania via Bulgaria and Hungary to Austria, the BRUA pipeline , was launched with the participation of Transgaz. This is to export natural gas from the Black Sea to the west from 2020.
Individual evidence
- ↑ transgaz.ro: Hystorical Background (accessed on August 18, 2018)
- ↑ Die Presse: Nabucco: OMV pipeline project failed , June 26, 2013 (accessed on August 18, 2018)
- ↑ Deutschlandfunk: Dispute over Romanian natural gas , August 6, 2018 (accessed on August 18, 2018)