The Ordinary General Meeting of Shareholders of the state-owned Hidroelectrica (H2O.RO) approved all items on the agenda on Friday, May 29, among which the most important were the approval of the 2026 Spending and Revenue Budget and the distribution of a special dividend of RON1 billion.
Romgaz signed the agreement to purchase all assets contributing to Azomures’ production activity for EUR46.459 million, self-funded. The actual transfer is subject to approval by Romgaz shareholders, Competition Council and the Foreign Direct Investment Screening Commission.
Romgaz (SNG.RO) shareholders approved the 2026 Spending and Revenue budget during an ordinary general meeting on May 29, estimating total revenue of RON7.57 billion individually, 9.3% lower than in 2025.