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Release on Vestmoldtransgaz privatizing bid submission

Release Date: 12/28/2017 6:20:38 PM

IRIS Code: 169D5



On 28 December 2017, Eurotransgaz SRL, a company incorporated at Chisinau, having SNTGN Transgaz SA as sole associate, has submitted its application for participation in the investment competition for the privatizing of State Enterprise I.S. Vestmoldtransgaz.

I.S. Vestmoldtransgaz is the gas transmission system operator managing the Iasi-Ungheni interconnector on the territory of the Republic of Moldova and it was included by the Government of Moldova in the list of companies to be privatized in October 2017.

Eurotransgaz SRL was established by Resolution 10/12 December 2017 of the Extraordinary General Meeting of the Shareholders.

SNTGN Transgaz SA Romania is the technical operator of the National Gas Transmission System, giving effect to the national strategy goals regarding internal and international gas transmission, dispatching, research and design by performing related trading acts in line with the Romanian and European laws in force and compliant with the quality, performance, environmental and sustainable development standards, and with the efficiency, transparency, non-discriminatory access and competition principles.



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