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Romgaz
Societatea Națională de Gaze Naturale Romgaz SA Mediaș (SNGN Romgaz SA) or simply Romgaz is the largest natural gas producer in Romania and one of the largest producers in Eastern Europe. The company is the country's main supplier and responsible for producing around 40% of the total natural gas consumption in Romania. Its majority stockholder is the Government of Romania, which owns 70.01%, while the remaining 29.09% are free-floated. In 2018, the company was the only state owned company surpassing €1 billion in revenues. Romgaz is specialized in geological research for the discovery of hydrocarbons, production, storage, commercialization and the supply of natural gas and natural gas condensate. The company is structured into six branches: two production branches located in Târgu Mureș and Mediaș, one underground storage branch located in Ploieşti, a special operations branch located in Mediaş, a maintenance branch located in Târgu Mureș and one international office ...
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Caragele Gas Field
The Caragele gas field is a natural gas field located in Luciu, Buzău County. The field discovery was announced on June 30, 2016, by Romgaz the Romanian national gas company. Caragele is part of the company's ''RG06'' concession located in the North-Eastern Muntenia region. The Caragele gas field is a structure with a length of located at a depth of in Jurassic calcareous reservoirs. It is one of the largest onshore discoveries in Romania in the past 10 years. The gas field will begin production after 2020 and will produce natural gas and condensates. The total proven reserves Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasona ... of the Caragele gas field are around 986 billion cubic feet (28.2 km³) with test production situated between 8.12 million cubic feet/day (0.23×105m ...
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MediaÈ™
Mediaș (; german: Mediasch, Transylvanian Saxon: ''Medwesch''/''Medveš'', hu, Medgyes) is the second largest town in Sibiu County, Transylvania, Romania. Geographic location Mediaș is located in the middle basin of Târnava Mare River, at from Sighișoara and from Blaj. The health resort Bazna, officially recognized for the first time in 1302, is from Mediaș. The health resort offers mineral water springs, rich in salts, mineral mud and a special type of salt, called "Bazna salt". The distance between Mediaș and the county's residence Sibiu is . The city administers one village, Ighișu Nou (''Eibesdorf''; ''Szászivánfalva''). History The first signs of human communities in the area are thought to be from the middle Neolithic period. The name of the city comes from the Hungarian word meggy (sour cherry). The Romanian name originates in the German version, which comes from the Hungarian name (Medgyes). In the 13th century, the kings of Hungary invited Ger ...
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Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and the Black Sea to the southeast. It has a predominantly temperate-continental climate, and an area of , with a population of around 19 million. Romania is the twelfth-largest country in Europe and the sixth-most populous member state of the European Union. Its capital and largest city is Bucharest, followed by Iași, Cluj-Napoca, Timișoara, Constanța, Craiova, Brașov, and Galați. The Danube, Europe's second-longest river, rises in Germany's Black Forest and flows in a southeasterly direction for , before emptying into Romania's Danube Delta. The Carpathian Mountains, which cross Romania from the north to the southwest, include Moldoveanu Peak, at an altitude of . Settlement in what is now Romania began in the Lower Paleolithic, with ...
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Fondul Proprietatea
Fondul Proprietatea is a joint-stock company established by the Romanian state, and is intended to become entirely private and independent from the state. Its specificity lies in the fact that its purpose and its operations are governed by special legislation. Shareholders are limited to those dispossessed owners of their property by the Romanian state during the Communist regime. Origin Romania is a country of the former Eastern Soviet bloc where a very large number of properties (factories, enterprises, houses, apartments, buildings, churches and lands) were confiscated during the Communist Romania era. The state would appropriate illegally, using abusive decrees, the most important being decree nr 92 of 1950, or by means of coercion, more than 400,000 buildings out of which more than 150,000 have been destroyed. In 1995, under the presidency of Ion Iliescu, a law allowed tenants to buy from the Romanian State, at very low cost, real estates built before 1945 that did no ...
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Transylvania
Transylvania ( ro, Ardeal or ; hu, Erdély; german: Siebenbürgen) is a historical and cultural region in Central Europe, encompassing central Romania. To the east and south its natural border is the Carpathian Mountains, and to the west the Apuseni Mountains. Broader definitions of Transylvania also include the western and northwestern Romanian regions of Crișana and Maramureș, and occasionally Banat. Transylvania is known for the scenery of its Carpathian landscape and its rich history. It also contains Romania's second-largest city, Cluj-Napoca, and other iconic cities and towns such as Brașov, Sibiu, Târgu Mureș, Alba Iulia and Sighișoara. It is also the home of some of Romania's UNESCO World Heritage Sites such as the Villages with fortified churches, the Historic Centre of Sighișoara, the Dacian Fortresses of the Orăștie Mountains and the Roșia Montană Mining Cultural Landscape. It was under the rule of the Agathyrsi, part of the Dacian Kingdom (168 BC–106 ...
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Deva, Romania
Deva (; Hungarian: ''Déva'', Hungarian pronunciation: ; German: ''Diemrich'', ''Schlossberg'', ''Denburg''; Latin: ''Sargetia''; Turkish: ''Deve'', ''Devevar'') is a city in Romania, in the historical region of Transylvania, on the left bank of the river Mureș. It is the capital of Hunedoara County. Name Its name was first recorded in 1269 as castrum ''Dewa''. The origin of the name gave rise to controversy. It is considered that the name comes from the ancient Dacian word ''dava'', meaning "fortress" (as in ''Pelendava'', ''Piroboridava'', or ''Zargidava''). Other theories trace the name to a Roman Legion, the Legio II Augusta, transferred to Deva from Castrum Deva, now Chester (''Deva Victrix'') in Britain. János András Vistai assume the name is of old Turkic origin from the name Gyeücsa.Tr ...
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Vețel
VeÈ›el ( hu, Vecel; german: Witzel) is a commune in Hunedoara County, Transylvania, Romania. It is composed of ten villages: Boia Bârzii (''Bojabirz''), Bretelin (''Brettyelin''), Căoi (''Káun''), Herepeia ('' Filimon Sîrbu'' between 1948 and 1964; ''Herepe''), LeÈ™nic (''Lesnyek''), Mintia (''Marosnémeti''; ''Bayersdorf''), Muncelu Mare (''Nagymuncsel''), Muncelu Mic (''Kismuncsel''), Runcu Mic (''ErdÅ‘hátrunk'') and VeÈ›el. At the 2002 census, 91.6% of the population were Romanians, 4.7% Hungarians and 3.6% Roma. 87.8% were Romanian Orthodox, 4.4% Pentecostal, 3.1% Roman Catholic, 2.1% Baptist and 1.7% Reformed. Mintia village is the site of the Mintia-Deva Power Station. Natives * Filimon Sârbu Filimon Sârbu (August 10, 1916 – July 19, 1941) was a Romanian communist activist and anti-fascist militant executed by the pro-Nazi authorities during World War II. After the war, he was acclaimed as a hero by the communist government. ... References Comm ...
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SOCAR
The State Oil Company of Azerbaijan Republic ( az, Azərbaycan Respublikası Dövlət Neft Şirkəti), largely known as SOCAR is fully state-owned national oil and gas company headquartered in Baku, Azerbaijan. The company produces oil and natural gas from onshore and offshore fields in the Azerbaijani segment of the Caspian Sea. It operates the country's only oil refinery, one gas processing plant and runs several oil and gas export pipelines throughout the country. It owns fuel filling station networks under the ''SOCAR'' brand in Azerbaijan, Turkey, Georgia, Ukraine, Romania and Switzerland. SOCAR is a major source of income for the authoritarian regime in Azerbaijan. The company is run in an opaque manner, as it has complex webs of contracts and middlemen that have led to the enrichment of the country's ruling elites. History Soviet era Azneft, a business that integrated the Azerbaijani oil industry was created after the Bolshevik Revolution through the nationa ...
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Franklin Templeton Investments
Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin, for whom the company is named, and who was admired by founder Rupert Johnson Sr. In 1973, the company's headquarters moved from New York to San Mateo, California. As of October 12, 2020, Franklin Templeton held US$1.4 trillion in assets under management (AUM) on behalf of private, professional and institutional investors. History The company was founded in 1947 in New York by Rupert H. Johnson Sr., who ran a successful retail brokerage firm from an office on Wall Street. He named the company for American polymath Benjamin Franklin because Franklin espoused frugality and prudence when it came to saving and investing. The company's first line ...
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GDF Suez Romania
Distrigaz Sud is a major player on the Romanian natural gas market being responsible for distributing gas in the southern part of Romania Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and .... Oil and gas companies of Romania Engie {{Romania-company-stub ...
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Transgaz
Transgaz is a state-owned company, which is the technical operator of the national natural gas transmission system in Romania. The company handled in 2017 a quantity of 12.87 billion m³ of natural gas. The company has a total transport capacity of 30 billion m³ of natural gas and a pipe network of 13,000 km. Transgaz is a member of the European Network of Transmission System Operators for Gas. Connections to other countries *Hungary through the Arad–Szeged pipeline *Ukraine through Cernauti-Siret natural gas pipeline *Bulgaria through Negru Voda natural gas pipeline and Giurgiu–Ruse pipeline *Moldova through IaÈ™i-Ungheni gas pipeline that was inaugurated on 27 August 2014. Shareholders Although state-owned, Transgaz was partially privatised in 2007 and 2013 respectively. The current shareholder structure, as of 2018: * Ministry of Economy: 58,5097% * Other shareholders: 41.4903% Listing on the Bucharest Stock exchange On 26 November 2007, Transgaz issued ...
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Cluj Napoca
; hu, kincses város) , official_name=Cluj-Napoca , native_name= , image_skyline= , subdivision_type1 = County , subdivision_name1 = Cluj County , subdivision_type2 = Status , subdivision_name2 = County seat , settlement_type = City , leader_title = Mayor , leader_name = Emil Boc , leader_party = PNL , leader_title1 = Deputy Mayor , leader_name1 = Dan Tarcea (PNL) , leader_title2 = Deputy Mayor , leader_name2 = Emese Oláh ( UDMR) , leader_title3 = City Manager , leader_name3 = Gheorghe Șurubaru (PNL) , established_title= Founded , established_date = 1213 (first official record as ''Clus'') , area_total_km2 = 179.5 , area_total_sq_mi = 69.3 , area_metro_km2 = 1537.5 , elevation_m = 340 , population_as_of = 2011 , population_total = 324,576 , population_footnotes= , population_density_km2=1 808 , pop_est_as_of = 2016 , population_est = 321,687 , pop_est_footnotes= , population_metro=411,379 , coord ...
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