In an economic climate characterized by instability and external pressures, Transgaz manages to achieve remarkable results. According to the financial report for the first half of 2025, the company recorded a consolidated net profit of 519 million lei, marking a spectacular increase of 182% compared to the approximately 184 million lei reported in the same period of the previous year. At the same time, the turnover experienced a positive evolution, advancing by about 20% year-on-year, up to the value of 2.4 billion lei, according to 4md.ro.
From a domestic perspective, Transgaz SA (individual entity) reported a net profit of approximately 460 million lei, up considerably by 248% compared to the first half of 2024, reflecting the positive dynamics of domestic gas transport.
Evolution of consolidated indicators: turnover and gross profit
The Economedia report details the structure of revenues and indicates a 44% increase in operating revenues (excluding balancing and construction), up to 1.57 billion lei, while revenues from balancing activity doubled, reaching 234 million lei. The group’s gross result stood at 606 million lei, a spectacular increase of 272%.
Dividends for the budget – direct benefits for the state and citizens
Transgaz not only produces profit, but also transforms performance into public value: for the financial year 2024, the company decided to pay a gross dividend of 1.08 lei per share, with an ex-dividend date of June 24, 2025 and effective payment starting July 16, 2025.
This represents a significant increase compared to the dividend of 0.35 lei per share in 2024, reflecting the exponential growth of financial performance – in figures, the dividend yield has risen to over 3%. The Romanian state, which holds approximately 58.5% of the company’s shares through the General Secretariat of the Government, thus ensures an important financial flow to the public budget.
Vestmoldtransgaz – regional structure and energy independence of Moldova
The consolidation of financial results also reflects the crucial role of the subsidiary in the Republic of Moldova, Vestmoldtransgaz. Through the acquisition completed in 2018, Transgaz expanded its activity at the regional level and reported consolidated including its activities. Vestmoldtransgaz operated the strategic Ungheni-Chisinau pipeline, offering a real alternative to Moldova’s energy dependence. The certification as an independent operator in August 2024 was a defining step in aligning with European norms and opening up to the integration of the Moldovan gas market into EU mechanisms.
Visionary leader and governance model for state-owned companies
The successful Transgaz-Vestmoldtransgaz partnership, along with exceptional financial results, places Transgaz under the leadership of CEO Ion Sterian as a clear example of strategic leadership. By focusing efforts on modernization, relevant acquisitions, infrastructure development and solid finances, the company is becoming a benchmark for other state-owned entities.
The contrast is obvious: while other state-owned companies struggle with losses and dependence on subsidies, Transgaz generates profit, pays consistent dividends and contributes substantially to the public budget – concrete proof that efficiency and performance are viable in the public sector.
Transgaz’s financial dynamics in the first half of 2025 – net profit of 519 million lei, accelerated turnover growth, record gross profit, generous dividends – confirm that a state-owned company can become a source of stability and economic recovery, not a burden. In addition, through its regional role and strategic projects implemented in Moldova, Transgaz promotes energy security, both for Romanians and for citizens across the Prut.
This development should be seen as a model of good practice: modernization, financial discipline, smart investments and strategic vision can transform state-owned companies into engines of growth and regional cohesion.
