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The current NTS development plan includes large scale projects designed to to reconfigure the the the transmission network according to to to the the the the main requirements of the the the the internal and and regional market The key to to success is is the the the the seriousness of of of the the the company company and and of of of its specialists In all the the the projects of of of the the the company company no money was outsourced The project project management team is made up of of serious trained people with professional in‐house expertise The BRUA Law Law Law Law No 185/2016 which governed other projects as as as well was unanimously voted in 2016 2016 by the the the the the the members of of the the the the the the Parliament as as as as the the the the the the law regarding the the the the the construction of of of the the the the the natural gas transmission infrastructure a a a a a a a a a a a project of of national and European interest It is is important to stress the the fact that all decision‐makers have provided support during the the the implementation phase of the the the strategic investment projects related to the the the gas transmission infrastructure Romania takes pride in in in in in having a a a a a a a a a a a a a a tradition that no other country has! Romania obtained the the the the the first first first oil production in in in in in the the the the the world world built built the the the the the the first first first refinery and exported the the the the the the first first first quantity of gasoline in in in in the the the the the world world world Romania built built the the the the the world’s first natural gas gas pipeline All these constitute a a a a a a a a a a strong foundation that together with the the the the investments made and through solidarity creates the the the premises for Romania to become a a a a a a a a a regional leader in terms of energy This year SNTGN Transgaz Transgaz SA (Transgaz) inaugurated on on September 30 and October 31 respectively two technological gas compressor stations TSC Jupa and TCS Podișor particularly important investment objectives in in the the BRUA Project Phase 1 As a a a a a a a a a a sign of appreciation for for for the the the company’s importance
for for for the the the the national energy energy system and for for for its central role in in in ensuring the the the the the energy energy security of of the the the the the country on on on on on on October 31 on on on on on on the the the the the occasion of of the the the the the inauguration ceremony for the the the the Podisor Gas Compressor Station the the President of Romania His Excellency
Mr Klaus Iohannis decorated SNTGN Transgaz SA with the Order “Industrial and and Commercial Merit”
as Commander Number One
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Transgaz a a a a a a a a a a company listed on the Bucharest Stock Exchange and with with a a a a a a a a a a a a a a a a a corporate governance system in in place has a a a a a a a a a a a a a a a healthy financial structure with with all the right circumstances for a a a a a a a a a a a broad development proved by the the the success of the the the TGN symbol on the the the Bucharest Stock Exchange recently declared an an emerging market Investors as as well as as all other stakeholders who follow the the the the activity of of Transgaz its projects in in the the the the development of of the the the natural gas infrastructure know that Transgaz applies the the best practices in in corporate governance and and uses its own resources with the the utmost responsibility and and and efficiency seeking to maximize the the extremely favorable and and attractive conditions for long‐term investments through partnerships with different international institutions such as the the European European Bank Bank for Reconstruction and Development or or the the European European Investment Bank Bank SNTGN Transgaz SA as as as a a a a a a a a a a a a a technical operator of the National Gas Transmission System has acted acts and will act act act with with with the the maximum responsibility with with with a a a a a a a a a a a a a view to meeting the the the the commitments undertaken with with with regard to the the the the the implementation of of the the the the the strategic investment projects projects in in in the the the the the development of of the the the the the gas transmission infrastructure so that when these projects projects will be be completed the the the the company would have become not only the the the basic pillar of of the the the European Commission in this region but also one of of Europe’s first four energy companies