Transgaz reported a net profit of 224.34 million lei for 2007. The year before, the gas operator witnessed a 286.3 million lei net profit.
The company’s expenditures last year rose to 794.46 million lei. Revenues stood at 1.06 billion lei.
Transgaz is a state-owned company established in 2000. It is one of the companies which will construct the Nabucco gas pipeline. This will transport gas from the Middle East and Asia to Europe.
The other companies involved are Botas (Turkey), Bulgargaz (Bulgaria), MOL (Hungary) and OMV (Austria).
Source: NewsIn
Romania’s Transgaz reports 5.7% lower net profit y/y in 2007, due to higher expenditures
Publicat la 06.02.2008, 07:54:48
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