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Romania's Romgaz improves its profit despite 20% lower incomes in H1

August 16, 2024

Romania's natural gas company Romgaz announced its net profit rose by 9% y/y to RON 1.84 billion (EUR 370 million) even if its turnover dropped by 20.4% y/y to RON 3.9 billion (EUR 780 million) in H1.

The good result was due to the phasing off of the solidarity contribution charged by the state, after January 1, 2024. Romgaz paid RON971mn solidarity contribution in the first half of 2023. 

Natural gas production obtained in the first semester of 2024 was 2,486.9 million cubic...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romgaz-results-aug-2024
Read in full - click here
The next Daily Bulletin will be Tuesday, June 10, 2025

Due to the Pentecost holidays, we will resume our activity tomorrow, 10 06 2025

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