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Delgaz Grid SA (Romania)

Main Activities: Electric Power Transmission, Control, and Distribution | Oil and Gas Pipeline and Related Structures Construction | Pipeline Transportation of Natural Gas
Full name: Delgaz Grid SA Profile Updated: August 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Based on a Government Decision issued in 2000, the National Gas Company Romgaz (Societatea Naţională de Gaze Naturale Romgaz) was re-organized according to the services provided, thus resulting Distrigaz Sud Bucuresti and DistriGaz Nord. In June 2005 E.ON Ruhrgas, part of the german group E.ON, bought the majority stake of 51 in DistriGaz Nord with EUR 304 mil. Starting with April 2006, the company repositioned itself on the specific market, by adopting a new trading name testifying its affiliation to E.ON Group, more exactly E.ON Gaz Romania. On 1 July 2007, the legal separation of the supply activity from the distribution activity came into force. As a result of this separation, two legally independent companies have emerged: E.ON Gaz România, the natural gas supply company and E.ON Gaz Distribuţie, the natural gas distribution company. In January 2017 E.ON Distributie Romania changed its name to Delgaz Grid.

Headquarters
Strada Pandurilor Nr. 42
TARGU MURES; Mures;

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 08, 2000
Key Executives
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Director
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Director
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Director
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Director
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Administrator
Ownership Details
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56.4853%
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28.7708%
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13.5147%
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1.2292%
Subsidiaries
Salgaz SA
53.83%
Gaz Est SA
15.4577%
Company Performance
Financial values in the chart are available after Delgaz Grid SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
25.99%
Total operating revenue
1.29%
Operating profit (EBIT)
-164.01%
EBITDA
65.96%
Net Profit (Loss) for the Period
-95.18%
Total assets
10.66%
Total equity
6.27%
Operating Profit Margin (ROS)
-1.79%
Net Profit Margin
-3.97%
Return on Equity (ROE)
-2.81%
Debt to Equity Ratio
57.11%
Quick Ratio
0.15%
Cash Ratio
0.06%

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