Romania, Transgaz recorded a net profit in the amount of 34 million euros in 2021

, SEE Energy News

Romanian natural gas transmission system operator Transgaz recorded a net profit in the amount of 34 million euros in 2021, which is by 1 % higher compared to the previous year.

The company’s operating revenues rose by 2 % year-on-year, reaching 275 million euros in 2021, while operating costs rose 5 % to 248.5 million euros.

At the group level, Transgaz recorded a net profit of 35.8 million euros 2021, also a 1 % increase year-on-year. Transgaz Group includes parent company Transgaz, Moldovan subsidiary Eurotransgaz and Moldovan gas transmission company Vestmoldtransgaz.