Transgaz

Transgaz
Type	Public
Traded as	BVB: TGN
Industry	Gas
Founded	2000
Headquarters	Mediaș, Romania
Key people	Ion Sterian, CEO
Revenue	US$1.1 billion (2025)
Operating income	US$233.4 million (2025)
Net income	US$197.4 million (2025)
Total assets	US$2.5 billion (2025)
Total equity	US$1.0 billion (2025)
Number of employees	4,148 (2025)
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 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).

Shareholders

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

As of 31 December 2025, Transgaz's shareholder structure was:

• Romanian Government (represented by the General Secretariat): 58.5096%
• Other shareholders: 41.4904%

Listing on the Bucharest Stock exchange

On 26 November 2007, Transgaz issued an IPO on the 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 BSE surpassing Transelectrica which earned US$308 million in 2006.^{[citation needed]}

On 15 April 2013, there was a SPO on the BSE for 15% of the company that raised US$95 million.

See also

• Arad–Szeged pipeline
• Nabucco pipeline
• European Network of Transmission System Operators for Gas
• Gazprom Transgaz Belarus

References

External links

• Transgaz - company website