The management of Romanian natural gas company Romgaz will ask for shareholders’ approval for taking steps towards buying a natural gas and electricity supplier, according to the documents sent ahead of the April shareholder meeting.
The company asked the shareholders’ approval for the acquisition of legal consulting services, assistance and/or external legal representation necessary for the acquisition of a package of shares/assets/in the case of a business transfer, from a company that operates in the field of electricity and natural gas supply.
Romgaz reported a preliminary net profit of 560 million euros, while its total revenues amounted to 1.9 billion euros.
