Transgaz Shares Have Appreciated by Over 700% Since Listing

Analyzing the evolution of Transgaz’s share price from its listing to date, i.e., 2008 to September 29, 2025, it can be seen that its closing price followed a predominantly upward trend throughout the entire analysed period. At the end of the period, there was a significant increase, by approximately 708%, compared to the last trading day of 2008, the year of listing on the Bucharest Stock Exchange.

The company also recorded a share price increase by about 242% compared to May 3, 2023, the record date for Transgaz’s share capital increase through the incorporation of reserves.

• The closing price recorded on December 31, 2008, was RON 122 per share (RON 7.63 adjusted price).
• The closing price recorded on May 3, 2023, was RON 22.35 per share.
• The closing price recorded on September 29, 2025, was RON 54.00 per share.

Market capitalization

As for Transgaz’s market capitalization, it increased from December 31, 2008, to September 29, 2025, by approximately 708%, or RON 8,737 million (EUR 1,637 million), from RON 1,436 million (EUR 366 million) recorded on December 31, 2008, to RON 10,173 million (EUR 2,003 million) recorded on September 29, 2025.

Also, compared to May 3, 2023, the record date for the share capital increase through the incorporation of reserves, Transgaz’s market capitalization on September 29, 2025 increased by approximately 242%, or RON 5,963 million (EUR 1,149 million), from the value of RON 4,210 million (EUR 854 million) recorded on May 3, 2023, to the value of RON 10,173 million (EUR 2,003 million) recorded on September 29, 2025.

The positive evolution of TGN’s share price and market capitalization between 2008 and September 29, 2025, reflects both investor confidence in the company’s prospects and the favourable impact of strategic decisions regarding the company’s sustainable development, solid financial results, and economic, financial, technical, and investment performance, the company said.

Transgaz has thus consolidated its position on the Romanian capital market, demonstrating resilience and growth capacity in a challenging and constantly changing environment.

 

4th largest TSO in the EU

Transgaz is currently one of the most important companies in the field of natural gas transmission in Central and Eastern Europe and the Balkans and ranks fourth among EU transmission operators in terms of the length of the network it manages, over 16,315 km, of which 14,645 km are in Romania and 1,670 km in the Republic of Moldova.

Transgaz has become the only gas transmission system operator (TSO) in the European Union to fully operate two national natural gas transmission systems, one of which is an EU member and the other a non-EU member.

“Investments are the main driver of the company’s sustainable development, both in terms of profitability and increasing the energy security of the country and the region, the economic development of the country, by increasing the degree of interconnection with adjacent natural gas transmission systems and expanding the National Gas Transmission System in order to connect as many localities as possible to it,” the company says.

For over 17 years, Transgaz has been listed on the Bucharest Stock Exchange, Premium category.

The company’s corporate governance model is working successfully, and corporate social responsibility has become part of the business strategy.

Transgaz’s management performance bears the imprint of the investments made, strategic investments for increasing the energy security of Romania and the European Union.