ROMGAZ joins ARIR as Associate Member
ARIR (the Romanian Investor Relations Association), the promoter of the Investor Relations (IR) concept, announces that ROMGAZ (BVB symbol:SNG), the largest producer and supplier of natural gas in Romania, becomes ARIR’s Associate Member. With a history of over 100 years and a strong presence in the energy market, ROMGAZ is a nationally renowned company, listed on the Bucharest Stock Exchange since 2013. The company obtained the maximum score in the VEKTOR by ARIR 2023 evaluation for the second consecutive year.
Răzvan POPESCU, ROMGAZ CEO:
“ROMGAZ has always had a solid vision for sustainable development and steady growth, and joining the ARIR community is a new step in our commitment towards transparency, corporate governance, and communication with investors. We are aware of the importance of open and effective communication with our shareholders and the markets where we generally operate, and we consider that ARIR is the platform that has the necessary tools to further strengthen these principles.”
Daniela Maior (Șerban), ARIR President and Co-Founder:
“We are pleased to announce that another BET index company is joining the ARIR community. This association is significant as almost all the BET index companies are now ARIR members. The involvement and representation of the most liquid companies listed on the Bucharest Stock Exchange are aspects that encourage us to remain an active community, involved in monitoring legislative updates affecting listed companies, as well as the initiatives for the capital market development.”
The shares issued by ROMGAZ have been traded on the Main Market of the Bucharest Stock Exchange since November 12, 2013. Moreover, the company’s shares underly global depositary receipts (GDRs) issued by The Bank of New York Mellon, which are traded on the London Stock Exchange (symbol SNGR).
ROMGAZ shares are part of the BET index comprising the top 20 most traded companies on the local stock exchange, as well as the BET-XT, BET-BK, and BET-NG indices. ROMGAZ shares are also included in the MSCI Frontier IMI (Investable Market Index) indices, dedicated to frontier markets.
ARIR members are among the largest companies in Romania pursuing the same objective of implementing best practices of transparency, investor communication, and corporate governance.
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About the Romanian Investor Relations Association (ARIR):
ARIR is the promoter of the Investor Relations (IR) concept in Romania, and it believes that by following standards of transparency, corporate governance and proactivity in communicating with investors, its members will benefit from added value, attract easier financing, have the reputation and trust necessary for the continued development of their business.
More information on ARIR: www.ir-romania.ro.
