Transgaz profit up 4.16 pct in 2011

The National Natural Gas Transport Company Transgaz Medias reported a net profit of nearly 90 million euros (392.022 million lei) in 2011, up 4.16 percent compared to that posted in 2010, according to a release the company sent to the Bucharest Stock Exchange (BVB).The company's all-in revenues surged by 6.51 percent (89.603 million lei) compared to 2010, standing at 1.466 billion lei, mainly thanks to the quantity of transported natural gas, higher by 5.127 million MWh and the ...

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