MarketTransgaz
Company Profile

Transgaz

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.

Connections to other countries
Hungary through the Arad–Szeged pipelineUkraine through Cernauti-Siret natural gas pipeline • Bulgaria through Negru Voda natural gas pipeline and Giurgiu–Ruse pipelineMoldova through the Iași–Chișinău pipeline that was inaugurated on 27 August 2014 (then going from Iași to Ungheni). ==Shareholders==
Shareholders
Although state-owned, Transgaz was partially privatised in 2007 and 2013 respectively. The current shareholder structure, as of 2018: • Ministry of Economy: 58,5097% • Other shareholders: 41.4903% ==Listing on the Bucharest Stock exchange==
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. On 15 April 2013, there was a SPO on the BSE for 15% of the company that raised US$95 million. ==See also==
tickerdossier.comtickerdossier.substack.com