Transgaz sees profit down 6 percent in 2007

Transgaz Medias natural gas transporter's net profit decreased 5.77 percent in 2007, down to 224.34 million lei, on the background of expense increase with 14.15 percent (794.46 million lei), while revenues (1.064 billion lei) advanced only 8.34 percent, the company informs in a release.The lower profit was influenced by the delayed application of the new tariffs for transport, from July 1 to October 1.Transgaz' initial public offering, the largest in Bucharest Stock Exchange's history, was ...

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