| Transgaz | |
| Type: | Public |
| Foundation: | 2000 |
| Location: | Mediaș, Romania |
| Key People: | Ion Sterian, CEO |
| Num Employees: | 4,628 (2017) |
| Revenue: | €467 million (2017) |
| Operating Income: | €157.6 million (2017) |
| Net Income: | €131.8 million (2017) |
| Assets: | €1.147 billion (2017) |
| Equity: | €814 million (2017) |
| Industry: | 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.
Although state-owned, Transgaz was partially privatised in 2007 and 2013 respectively.
The current shareholder structure, as of 2018:
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.
On 15 April 2013, there was a SPO on the BSE for 15% of the company that raised US$95 million.[2]