Romgaz seeks consultant for fertilizer producer Azomureș takeover

Business Forum

14 March, 2025 at 1:00 PM

Romanian state-owned gas producer Romgaz is looking for a consultant for its planned purchase of Azomureș, the biggest fertilizer producer in the country, owned by Swiss agribusiness Ameropa.

Energy Minister Sebastian Burduja said he issued a mandate to Romgaz to analyze the transaction.

If the deal is completed, the local economy will benefit from domestic gas as well as from local production of fertilizers for agriculture, according to the minister.

Azomureș has largely halted production in the past three years due to high gas prices.

Romgaz is currently working with OMV Petrom on the Neptun Deep block in the Black Sea, where gas production is expected to start in 2027.

Shares in Romgaz were up 0.51% to RON 5.96 at the opening of trading on the Bucharest Stock Exchange (BVB) on Friday morning.

Hidroelectrica posts lower electricity production, sales on nine months

State-owned hydroelectricity producer Hidroelectrica reported a significant 23% drop in net electricity production for the nine months of 2025, compared to the same period in 2024.

Energy

OMV Petrom reports 13% drop in nine-month net profit

OMV Petrom recorded a 13% decrease in its net profit over the first nine months of the year. Net profit fell to RON 3.4 billion (€668.4 million), while organic investments saw a 28% increase,

Real estate

Romania retail deliveries surpass 2024 levels in nine months

Romania's retail sector delivered 186,000 sqm of new shopping centres and retail parks in the first three quarters of 2025, already exceeding the 180,000 sqm delivered across the entire 2024. Developers plan to complete an additional 30,000 sqm by year-end, bringing the total annual supply to approximately 217,000 sqm.

Energy

Romgaz secures €500 million in oversubscribed bond issue

State-owned gas producer Romgaz concluded the subscription process for its second issue of bonds under the Euro Medium Term Notes Program (EMTN Programme) on October 28.

Energy

Romgaz sees growth from domestic gas sales on nine months

State-owned gas producer Romgaz reported gains in sales during the first nine months of 2025.

Energy

Romgaz invests in real-time well monitoring

State-owned gas producer Romgaz has entered into an eight-year strategic partnership with Weatherford International to implement a real-time digital well monitoring system.

Energy

Romgaz posts 8.6% profit fall in H1 2025 over higher costs

The Romgaz Group has reported a consolidated net profit of RON 1.67 billion (€338 million) for H1 2025 , which is 8.60% lower than the same period in 2024.