Transgaz

{{Use dmy dates|date=April 2020}} {{Infobox company |name = Transgaz |type = [[Public company|Public]] |foundation = 2000 |logo=Logo of Transgaz Romania.svg |location = [[Mediaș]], [[Romania]] |traded_as = {{BVB|TGN}} |key_people = Ion Sterian, CEO |num_employees = 4,628 (2017) |revenue = {{increase}}[[Euro|€]]467 million (2017) |operating_income = {{increase}}[[Euro|€]]157.6 million (2017) |net_income = {{increase}}[[Euro|€]]131.8 million (2017) |assets = {{decrease}}[[Euro|€]]1.147 billion (2017) |equity = {{decrease}}[[Euro|€]]814 million (2017) |industry = [[Natural gas|Gas]] |parent = Romanian Government (58.5%) }}

'''Transgaz''' is a state-owned company, which is the technical operator of the national [[natural gas]] transmission system in [[Romania]]. The company handled in 2017 a quantity of 12.87 billion m³ of [[natural gas]].

The company has a total transport capacity of 30 billion m³ of [[natural gas]] and a pipe network of 13,000 km.

Transgaz is a member of the [[European Network of Transmission System Operators for Gas]].

==Connections to other countries== *[[Hungary]] through the [[Arad–Szeged pipeline]] *[[Ukraine]] through [[Cernauti]]-[[Siret]] natural gas pipeline *[[Bulgaria]] through [[Negru Vodă, Constanța|Negru Voda]] natural gas pipeline and [[Giurgiu–Ruse pipeline]] *[[Moldova]] through the [[Iași–Chișinău pipeline]] that was inaugurated on 27 August 2014 (then going from Iași to [[Ungheni]]).<ref> {{cite news |url = http://www.moldova.org/moldova-no-longer-100-dependent-on-russian-gas-amid-eu-pipeline-inauguration/ |title = Moldova no longer 100% dependent on Russian gas amid EU pipeline inauguration |agency = moldova.org |date = 27 August 2014 |access-date = 27 August 2014 |url-status = dead |archive-url = https://web.archive.org/web/20140929215304/http://www.moldova.org/moldova-no-longer-100-dependent-on-russian-gas-amid-eu-pipeline-inauguration/ |archive-date = 29 September 2014 |df = dmy-all }}</ref>

==Shareholders==

Although state-owned, Transgaz was partially privatised in 2007 and 2013 respectively.

The current shareholder structure, as of 2018:

* [[Ministry of Economy (Romania)|Ministry of Economy]]: 58,5097% * Other shareholders: 41.4903%

==Listing on the Bucharest Stock exchange== On 26 November 2007, '''Transgaz''' issued an [[Initial public offering|IPO]] on the [[Bucharest Stock Exchange|BSE]] aiming to earn around US$84 million for developing on the local market and abroad but at the end of the IPO offer the company earned a total sum of US$2.52 billion making it the largest IPO on the [[Bucharest Stock Exchange|BSE]] surpassing [[Transelectrica]] which earned US$308 million in 2006.

On 15 April 2013, there was a [[Secondary Public Offering|SPO]] on the [[Bucharest Stock Exchange|BSE]] for 15% of the company that raised US$95 million.<ref> {{cite news |url = https://www.bloomberg.com/news/2013-04-17/romania-raised-95-million-from-imf-pledged-transgaz-sale-2-.html |title = Romania Raised $95 Million From IMF-Pledged Transgaz Sale |agency = [[Reuters]] |date = 17 April 2013 |access-date = 8 May 2013}}</ref>

==See also== *[[Arad–Szeged pipeline]] *[[Nabucco pipeline]] *[[European Network of Transmission System Operators for Gas]] *[[Gazprom Transgaz Belarus]]

==External links== * [http://www.transgaz.ro/ Transgaz] - company website

==References== {{Reflist}}

[[Category:Oil and gas companies of Romania]] [[Category:Natural gas pipeline companies]] [[Category:Companies listed on the Bucharest Stock Exchange]] [[Category:Companies in the BET-20]] [[Category:Mediaș]] [[Category:Companies of Sibiu County]] [[Category:2000 establishments in Romania]] [[Category:Energy companies established in 2000]]