Natural gas supplier Distrigaz boosts profit 30 times in three years
Thursday, January 22, 2009
The net profit made by Romanian natural gas supplier Distrigaz Sud rose 30 times in three years, from 6.2 million lei (some 1.5 million euros) before being privatised in 2004 to 182.3 million lei (54.6 million euros) in 2007, the Business Standard daily quotes company figures as showing.The gas distributor's turnover went up by roughly 50 percent, while investments were up by 35 percent in the above-mentioned period.Distrigaz Sud has also entered the natural gas storage market, ...