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Transgaz loses 435 mln. lei in operating revenues in 2020, profit decreases by 65%

Transgaz proposes to shareholders to approve, at the general meeting (GSM) of March 4, a budget of revenues and expenses (BVC), which marks a decrease of the net profit by about 65%. The operating revenues will decrease by 22%, mainly due to the diminution of the revenues with the balancing of the national transport system (SNT) by 214 million lei, but also to the “decrease of the revenues from international transport services by 211.6 million lei due to the termination ...

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