Romgaz, Most Profitable Romanian Energy Company in 2025

Romgaz Group’s consolidated net profit in 2025 of RON 3,346.61 million was 4.39% higher, i.e. by RON 140.61 million, as compared to 2024.

Romgaz Group’s financial performance in 2025 was influenced by factors such as natural gas production, electricity production, natural gas storage capacity. According to company’s press release, these factors had the following evolution:

• Natural gas production estimated for 2025 was 4,954.5 million m3, by 0.17 % lower than the production of the previous year (-8.2 million m3).
• Electricity production for 2025 of 750.1 MWh decreased by 14.8% as compared to 2024.
• Natural gas storage capacity was contracted 100% on December 31, 2025, storage filling degree being 73.28% at the end of the year.

In 2025, total revenue advanced by RON 167.56 million, recording an increase of 1.96% due to the following factors:

• 0.28% increase of revenues from natural gas sales (RON 6,923.94 million in 2025 as compared to RON 6,904.69 million in the previous year) generated by the 5.48% increased gas quantity delivered as compared to the similar period of 2024. In 2025, 80.8% of gas deliveries were made at regulated price, as compared to 55.5% in 2024.
• Revenues from sales of electricity also increased (RON 382.03 million in 2025 as compared to RON 374.97 million in the previous year), despite having 15.7% lower deliveries than last year.
• Revenue from underground storage activities increased by 10.01% (RON 562.21 million in 2025, as compared to RON 511.07 million in 2024), following an increase of consolidated income generated by capacity booking (+4.68%) and by injection services (+56.12% as a result of injecting 38.5% more gas quantities into storage facilities than in 2024.

As compared to Q3 2025, revenue recorded in Q4 2025 was higher by 9.92%.

Total expenses dropped in 2025 by 1.44% (RON 71.22 million) influenced mainly by the decrease of tax-related expenses which recorded a significant decrease as compared to the similar previous period, RON 462.12 million (-25.30%).

The decrease is due to sales of higher gas volumes at regulated prices, as compared to 2024. Revenue from gas sold at regulated prices is exempted from windfall tax, the decrease of this tax in 2025 was RON 434.17 million (-36.14%) as compared to 2024.