ROMGAZ completed formalities for acquiring AZOMUREȘ production activities

• ROMGAZ priority in the next phase is to integrate the acquired activity with focus on operational efficiency and financial discipline.
• Future steps aim at resuming production under safety, efficiency and economic sustainability conditions. 

Mediaș, September 2, 2026 – SNGN ROMGAZ SA, the largest natural gas producer and the main supplier in Romania, announces completion of formalities related to the transaction for acquiring SC AZOMURES SA production activity, in compliance with the Transfer of Business Agreement signed on May 29, 2026 between ROMGAZ, as buyer, and AZOMURES, as seller. 

Once these formalities were completed, ROMGAZ entered a new phase, focused on integrating the acquired activities and preparing the necessary steps to resume AZOMURES production activities. Given the period during which operations were suspended, resuming production requires completing certain preliminary technical steps, including assessing the condition of the facilities, conducting the necessary inspections and tests, performing maintenance and repairs where necessary, and verifying safety systems, with a view to a phased and safe restart.

AZOMURES activity will be integrated in line with ROMGAZ strategic objectives and financial discipline principles, with a focus on the efficient use of resources and the creation of long-term value. 

With this transaction, ROMGAZ strengthens its vertical integration strategy and lays the grounds for developing a value chain in which natural gas produced in Romania can be transformed into value-added industrial products.

“Completion of the transaction formalities marks the beginning of a new phase for ROMGAZ. By taking over AZOMURES production activities, we are taking an important step in our development and vertical integration strategy, while creating the conditions for higher-value utilization in Romania of the natural gas produced. This is a strategic project that we are approaching responsibly and with a long-term perspective,” said Răzvan POPESCU, SNGN ROMGAZ SA Chief Executive Officer.

“We are now entering the operational integration phase. The steps we will undertake are aimed at preparing to resume production and will be carried out rigorously and in stages, with particular attention to the safety of employees, facilities and the entire industrial operation. Safety will remain a key criterion in all decisions and actions we take,” said Aristotel JUDE, SNGN ROMGAZ SA Deputy Chief Executive Officer.

“This transaction was handled with rigor and responsibility, both from a financial perspective and in terms of its economic sustainability. In the next phase, we will focus on the efficient allocation of resources and careful decision-making, so that the integration of the acquired activity contributes to creating long-term value for ROMGAZ and its shareholders”, said Gabriela TRÂNBIȚAȘ, SNGN ROMGAZ SA Chief Financial Officer.

Throughout the transaction process, ROMGAZ received specialized advisory support covering the analysis, structuring and completion of the deal, ROMGAZ was advised by KPMG Advisory SRL as financial consultant, CMS Cameron McKenna Nabarro Olswang LLP SCP as legal consultant, and TÜV Austria România as technical consultant. Involving advisors with expertise in complex transactions supported the rigorous evaluation process of relevant financial, legal and commercial aspects, underpinning transaction decisions. 

For further information: 
ROMGAZ Press Office
comunicare@romgaz.ro