On July 12, 2011, general manager of SNTGN TRANSGAZ SA Medias has received the visit of a delegation ENTSO-G (gas transmission system organization of the European Union, established under Regulation EC 715/2009) delegation headed by Director General Organization.
National Gas Transmission Company TRANSGAZ SA Medias inform all those interested that on 21 June 2011 meeting with financial analysts, investment advisors, brokers and representatives of financial institutions, banks, meeting the timetable established by the communication financial year 2011 and sent to the Bucharest Stock Exchange.
SNTGN "Transgaz" SA is a joint-stock company operating under the Romanian laws and under the Incorporation Document.
According to GD no. 334/2000 and Transgaz' Incorporation Document, the company's goal is to achieve the national strategy established for gas transmission, international transit, dispatching and research-design in the field of gas transmission by means of trading deeds compliant with its scope of activity and in line with the national legislation.
Under Law no. 297/2004 on the capital market and amended Regulation no. 1/2006 of the National Securities Commission (CNVM), SNTGN TRANSGAZ SA Medias notifies shareholders and investors that the Quarterly Report on financial and economic activities on 30.09.2010, shall be made public, as follows:
Based on Decision no. 3 of the General Ordinary Assembly of Shareholders, held on April 27th, 2010, The National Natural Gas Transmission Company TRANSGAZ SA – headquartered in Medias, no. 1, C.I. Motas Sq., Sibiu County, Commercial Registration no. J32/301/2000, CIF RO 13068733, notifies the payment thorugh the bank units BRD GROUPE SOCIETE GENERALE, to the shareholders registered on May 17th, 2010, that gross dividends related to the financial year 2009, of Lei 13.02/share, in gross amount of Lei 153,295,448,.88 shall be paid as of July 15th, 2010, as follows:
Under Art. 227 of amended Law no.297/2004 on capital market and Art. 113, case D, paragraph 2 of Regulation no. 1/2006 of the Romanian National Securities Commission on security issuers and operations, amended by Regulation no. 31/2006 of the Romanian National Securities Commission,
TRANSGAZ notifies all interested parties that the QUARTERLY REPORT for the 1st semester, 2009, is available as of August 7th, 2009, as follows:
In soft copy – on TRANSGAZ website, at www.transgaz.ro (link – Shareholding, periodic reports – quarterly reports
In hard copy – at TRANSGAZ head office, in Medias no. 1, C.I. Motas Sq., county of Sibiu – Shareholding and Capital Market Department
As technical operator of the National Transmission System SNTGN TRANSGAZ MEDIAŞ must ensure the secure and effioient transmission of the natural gas taken at the inlet points from the producers and from the storage operators, and respectively at the cross-border import points to the delivery points - to the supply operators - and has no rîght to proceed to commercîal operations with this natural gas.
On November 20th, 2008 the natural gas transmission companies had a meeting in Budapest for discussing the measures which should be taken in order to create a more liquid gas market in Central and S-E Europe, NETS Project regarding the European energy infrastructure.
At Mr. Constantin Grigore’s invitation, as Romanian ambassador to Russia, ROMGAZ and TRANSGAZ Director Generals, Mr. Francisc TOTH and Mr. Ioan RUSU, attended a meeting with the management of OAO GAZPROM, represented by Mr. Alexei MILLER, chairman and Mr. Alexander MEDVEDEV, Chief Executive Officer of OOO GAZPROM EXPORT, on October 16th, 2008, in Moscow.
Within this meeting the following topics were discussed: gas imports to Romania based on a direct relationship with the Russian company, underground gas storage in Romania and extension of the co-operation on Russian gas transit on the Romanian territory, without any express mentioning of a certain project or of an opportunity to develop relationships to this effect.
On the occasion of “The Gas Workers’ Day” to be celebrated on September 12th, 2008, TRANSGAZ management and the Trade Unions thereof seize such opportunity to express their warmest thoughts and good wishes and thanks to all employees contributing, over the years, by their professionalism, earnestness, and determination to the prestige of the Romanian gas sector; and last but not least to all domestic and foreign partners for their kind, fruitful and close co-operation with TRANSGAZ on the most diversified fields.
Hoping our message shall trim this anniversary with joy, we would like to bid all gas personnel
Gas Workers’ Days are customarily celebrated each second Friday of September. TRANSGAZ gives special attention to such anniversary holding a series of events during September 12th – 19th, 2008.
Gas workers’ days celebrate the pleasure and contentment in playing a part in the large and noble family of those labouring over the Gas Industry in order to ensure a source of heat, welfare and development.
Already a tradition, the events assigned to such celebration, are held annually within the mid of September. This year, during September 12th – 19th, 2008, we shall witness and participate in a chain of occupational, sports and cultural actions. To crown the whole, the celebration shall end in a barbeque party on Greweln plateau, near Medias – the host town of the two National Gas Companies: TRANSGAZ and ROMGAZ, where gas workers and various business partners of the two companies, as well as officials of the Ministry of Economy and Finance shall gather together.
Under Article 227 of Law no. 297/2004 on the capital market and under Article 113, case d), paragraph 2 of amended Regulation no. 1/2006 of the Romanian National Securities Commission, TRANSGAZ notifies all interested parties that the SEMESTRIAL REPORT for the 1st semester, 2008, is available as of August 14th, 2008, as follows:
- In soft copy – on TRANSGAZ website, at www.transgaz.ro
- In hard copy – at TRANSGAZ headquarters, in Medias no. 1, C.I. Motas Sq., county of Sibiu – Shareholding and Capital Market Department
The above-mentioned semestrial report consists of the following:
- Statement of assets, liabilities and equity as at June 30th, 2008;
- Profit and loss account as at June 30th, 2008;
- Statement of the company’s management on the financial statements for the 1st semester 2008.
The National Gas Transmission Company – TRANSGAZ, Romania and FGSZ Natural Gas Transmission Ltd., Hungary signed A Development Agreement for the Construction of the Szeged – Arad Interconnection Pipeline.
Based on the Memorandum of Understanding signed between the two companies, FGSZ Ltd. invites all interested parties to participate in the Open Season process to be launched on August 5th, 2008 for the selling of 180,000 cm/h capacity on the Hungarian section of the interconnection pipeline.
The bidders are kindly asked to notify FGSZ Ltd. of the necessary capacity for the period January 1st, 2010 – July 1st, 2030.
The deadline for bid submission is September 3rd, 2008 and the awards shall be communicated on September 10th, 2008.
In the press release which was sent on 23 July 2008 we have written:
The Financial Statements for the year 2007 were prepared by the PricewaterhouseCoopers’s Audit SRL, in accordance with International Financial Reporting Standards (IFRS).
The express "prepared by" is wrong.
Please be so kind and read the correct text of this press release as follows:
Starting on 23 July 2008, on the web site of SNTGN TRANSGAZ SA Mediaş, to the address www.transgaz.ro, are available the Financial Statements for the year ended on 31 December 2007, prepared in accordance with International Financial Reporting Standards and audited by the Pricewaterhouse Coopers’s Audit SRL, of the financial auditor.
SNTGN TRANSGAZ SA Mediaş aduce la cunoştinţa tuturor celor interesaţi că începând cu data de 23 iulie 2008, sunt disponibile pe site-ul companiei, la adresa www.transgaz.ro - Situaţiile financiare pentru anul 2007 întocmite de auditorul financiar PricewaterhouseCoopers Audit SRL, în conformitate cu Standardele Internaţionale de Raportare Financiară (IFRS).
As a result of the interest shown by the Romanian mass-media in the latest development of the NABUCCO project, NABUCCO GAS PIPELINE INTERNATIONAL GmbH (NIC), in which TRANSGAZ holds an interest of 16.67%, organized a round table with the mass-media representatives of the following publications: ZIARUL FINANCIAR, BUSINESS STANDARD, FINANCIARUL, BURSA, CAPITAL, THE MONEY CHANNEL, on June 30th, 2008.
Mr. Reinhard Mitschek, Executive Manager, on behalf of NABUCCO GAS PIPELINE INTERNATIONAL GmbH, Mr. Christian Dolezal, press attaché and Mr. Vlad Pavlovschi, Director of Division and NIC Procurist, on behalf of TRANSGAZ, took part in such event.
Based on Decision no. 1 of the General Assembly of Shareholders, held on April 21st, 2008, TRANSGAZ – headquartered in Medias, no. 1, C.I. Motas Sq., Sibiu County, Commercial Registration no. J32/301/2000, CIF RO 13068733, notifies shareholders registered on May 9th, 2008, that gross dividends related to the financial year 2007, of Lei 9.66/share, in gross amount of Lei 113,735,333.04, i.e. 50.77% of the net profit, shall be paid by BRD GROUP SOCIETE GENERALE, as of June 16th, 2008.
TRANSGAZ notifies all those concerned that the interconnection of the “Gas pipeline supplying Giurgiu” with the National Gas Transmission System was completed. The above-mentioned gas pipeline ensures the gas supply to Giurgiu and to the towns located on the pipeline’s route, i.e. Crevedia Mare, Bucsani, Clejani, Letca Noua, Ghimpati, Schitu, Stoienesti, Fratesti.
The technical details of such pipeline are as follows: diameter – 500 mm, maximum working pressure – 40 bar, length – 67.61 km, installed flow rate – 50,000 Scm/h.
Value of pipeline building works amounted to approx. EURO 13 million.
The works thereof were completed in 2007 and the interconnection of the pipeline with the National Gas Transmission System was currently accomplished.
The opportunity of such investment is supported by the fact that the supply of gas to new regions both revitalizes and fosters the region’s economic activities and improves the population’s degree of comfort.
Under Law no. 297/2004 on the capital market and amended Regulation no. 1/2006 of the National Romanian Securities Commission, TRANSGAZ notifies shareholders and investors that the REPORT for the first trimester 2008 shall be made public, as follows:
* In soft copy – on TRANSGAZ website at www.transgaz.ro as of May 14th, 2008;
* In hard copy – at the company’s headquarters, Medias, no. 1, C.I. Motas Sq., Sibiu County as of May 14th, 2008;
Such REPORT for the first trimester 2008 is drwn up according to Annex 30B to the above-mentioned Regulation and consists of non-audited financial data.
Under Law no. 297/2004 on the capital market and amended Regulation no. 1/2006 of the National Romanian Securities Commission, TRANSGAZ notifies shareholders and investors that the ANNUAL REPORT for 2007 shall be made public, as follows:
* In soft copy – on TRANSGAZ website at www.transgaz.ro as of April 23rd, 2008;
* In hard copy – at the company’s headquarters, Medias, no. 1, C.I. Motas Sq., Sibiu County as of April 23rd, 2008;
Such REPORT consists of:
* Annual individual audited financial statements for the financial year ended on December 31st, 2007;
* Annual Report of TRANSGAZ Management for 2007;
* Independent Auditors’ Report on the financial statements for 2007;
* Statement of the company’s management on the financial statements drawn up for the financial year ended on December 31st, 2007.
On March 26th, 2007, Standard & Poor’s Ratings Services granted TRANSGAZ the BB+, positive outlook, credit rating for long-term corporate loans.
The positive outlook reflects the improved liquidity position following the primary initial public offering of shares planned for 2007. Moreover, such outlook reflects TRANSGAZ potential to reach investment grade as a result of the operation activity improvement, as a public entity listed on the Stock Exchange, by maintaining its credit ratios and by visibly upgrading corporate risk management practices.
Following the credit rating reviewing process, Standard & Poor’s Ratings Services raised TRANSGAZ long-term corporate credit rating to BBB- from BB+.
“The upgrade reflects TRANSGAZ improved financial profile, which has been enhanced by the completed initial public offering (IPO) that will fund part of the company’s medium-term investment programme. The upgrade also reflects the increased visibility and amount of operating cash flow following a significant tariff increase and the finalization of tariffs for the regulatory period through June 30th, 2012” according to Standard & Poor’s Press Release dated February 29th, 2008.
The rating on TRANSGAZ is underpinned by:
* the sole licensed status of the National Transmission System operator
* the predictable cash-flows generated from regulated transmission activities
* the company’s strong financial profile.
During March 3rd – 4th, 2008 The National Gas Company, ROMGAZ SA, in co-operation with The National Gas Transmission Company, TRANSGAZ SA, organised the first work session on “Sustainable Development – A Joint Objective”.
Ms. Maria DOBROTA, on behalf of the Regional Agency for Environmental Protection, Sibiu and Mr. Nicolae SIMESCU, as member of TRANSGAZ’ Board of Administration participated in the above mentioned event, as guests.
Such first meeting was meant to introduce environmental protection policies and achievements thereof, to ensure experience exchange in order to improve the environmental performance of the two companies.
The meeting was deemed highly successful and therefore the companies decided to set systematic meetings, the following being planned for the second semester of the current year.
With the purpose of fulfilling its obligations regarding the assurance of natural gas supply security by building interconnections with the gas transmission systems of the
neighbouring countries, as well as with the purpose of achieving the investment objectives specified within the development strategy and the minimal investment program established for 2007 - 2012, Transgaz, as the operator of the National Transmission System, concluded on January 22nd, 2008, in Szeged-Hungary, a Memorandum of Understanding with the Hungarian company MOL, for the completion of the interconnection pipeline between the two transmission systems, on the Arad - Szeged route.
The technical parameters of the interconnection pipeline on Romanian territory are: total length - 61.7 km (out of which 36.7 km already built); nominal diameter - 700 mm.
The concluded Memorandum specifies the steps which are to be taken by the two Parties in order to achieve the construction and commissioning of the interconnection by the end of 2009.
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