Romgaz Medias revenues on rise

Romgaz Company based in Medias (central Romania), a natural gas producer, registered 450 million euros in revenues by end-May this year, on the rise from a year ago, when it earned 380 million euros.The Company's gross profit was worth 108.4 million euros over Jan.-May, which means 16.7 percent more than in May 2006.The results were influenced by the authorities' price policy, the price for imported methane and the consumption demand, Romgaz officials say.Romgaz earned 866 million euros in ...

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