The board of directors of state-run Romgaz (SNG.RO), the largest natural gas producer in Romania, on September 19 approved, based on the decision of shareholders, the establishment of the Euro Medium Term Notes Program and the EMTN Program Base Prospectus for the funding of the Neptun Deep gas project in the Black Sea, in which Romgaz owns 50%.
Omer Tetik, CEO of Romania's largest bank, Banca Transilvania (stock symbol: TLV), has reported to the Bucharest Stock Exchange the sale of some 95,000 bank shares in three consecutive sessions.