Romgaz moves closer to euro-based billinaire companies club

Natural gas producer Romgaz Medias (center) posted last year a turnover in the amount of 866 million euros, up 41 percent compared to the same period of 2005, according to preliminary data released by the company. Net profit estimated for last year is of some 100 million euros, up 30 percent from the previous year-end.Among the most significant factors that sustain Romgaz results there are the jump in natural gas tariffs, as well as the boosting of storage capacities.At last year-end, the ...

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