ROMGAZ concludes a new Market Making Contract with Raiffeisen Bank International
ROMGAZ, the largest gas producer and main supplier in Romania, announces the conclusion of a new Market Making service contract with Raiffeisen Bank International AG for a period of 24 months.
The contract is concluded in accordance with the Bucharest Stock Exchange (BVB) Regulations on Issuer’s Market Maker, as provided in the BVB Code – Market Operators, and its main purpose is liquidity enhancement of ROMGAZ shares (Stock Exchange Symbol – SNG). More specifically, the Issuer’s Market Maker is the participant in the BVB trading system supporting the liquidity of a specific financial instrument by firm and constant quotation of buy and sell orders.
Being on the Bucharest Stock Exchange for more than a decade and having a market capitalization of more than RON 30 billion resulted in an approximative 56% appreciation of ROMGAZ shares in this year.
“The renewal of the partnership with Raiffeisen Bank International highlights our constant commitment towards investors and capital market development. In the last two years, this collaboration has contributed to the increase of liquidity and attractiveness of SNG shares on the Bucharest Stock Exchange. Moreover, it has supported us in consolidating the capital structure, thus facilitating the access to financing for our strategic projects through the capital market mechanisms.”, stated Mr. Răzvan Popescu, ROMGAZ CEO.
Through major investments, ROMGAZ continues to consolidate its role as strategic player in the national and regional energy domain. Thus, during the period 2021-2024, ROMGAZ has made investments of roughly RON 10 billion, recording an execution rate of 82% - significant indicator, bearing in mind the scale and complexity of the ongoing strategic projects.
07.08.2025
