S.n.t.g.n. Transgaz Sa · BVB:TGN
S.n.t.g.n. Transgaz Sa — Investor Presentation (May 2025)
36 slides from S.n.t.g.n. Transgaz Sa's investor presentation, May 13, 2025
Slide 1: Corporate Presentation May 2025
Mai 2025 NOIEMBRIE NOVEMBER 2024 2024
Slide 2: Message from the Director General
ION STERIAN - DIRECTOR GENERAL SNTGN TRANSGAZ is the licensed technical operator of the National Natural Gas Transmission System and ensures the performance in terms of efficiency, transparency, safety, non- discriminatory access and competitiveness of the national strategy established for domestic
Slide 3: History
16 May 2022 - The European 2020 – Completion and Investment Bank (EIB) and HISTORY commissioning of the Bulgaria- Transgaz signed an Agreement Romania-Hungary-Austria BRUA on the provision of consultancy natural gas transmission pipeline services for the preparation and 16 June 2023 - At the (phase
Slide 4: History
HISTORY 11 January 2024 – At the initiative of April 2024 - the 110th anniversary February 2025 - the construction of the SNTGN Transgaz SA, the meeting of of the completion of the first natural Black Sea shore - Podișor gas transmission the natural gas Transmission System gas transmission pipeline.
Slide 5: Vision, Mission, Activities
VISION, MISSION, ACTIVITIES VISION SNTGN Transgaz SA aims to strengthen its role as an internationally recognized gas transmission operator, leader on the energy market in the region, with a modern national gas transmission system, integrated at European level and with a competitive management syste
Slide 6: Leadership, Vision, Action, Innovation, Education, Performance, Business Excellence
LEADERSHIP, VISION, ACTION, INNOVATION, EDUCATION, PERFORMANCE, BUSINESS EXCELLENCE! 6
Slide 7: Shareholding
SHAREHOLDING Shareholding structure 31.12.2024 Transgaz is the second major state-owned company in the utilities sector which, in order to achieve its strategic objectives, launched 32,4962% an initial public offering of shares in 2008. 58,5097% 8,9941% In the context of the development of the capit
Slide 8: TGN Stock Market Performance as at 31.12.2024
TGN STOCK MARKET PERFORMANCE AS AT 31.12.2024 4.418 3.553 714 888 Market Capitalization - mil. Lei Market Capitalization - mil. Euro 29.12.2023 30.12.2024 21,03 23,70 24,55 24,05 23,00 23,70 22,05 23,45 19,66 19,50 22,45 19,14 18,09 19,42 17,64 18,32 19,16 18,58 18,22 18,96 19,02 18,90 15,40 16,60 J
Slide 9: Corporate Governance
CORPORATE GOVERNANCE Advisory committees set up at the level of the Board of Administration: • The Nomination and Remuneration Committee; • The Audit Committee; • The Risk Management Committee; The governing bodies of TRANSGAZ are: • The NTS Regulatory, Safety and Security Committee; • General meeti
Slide 10: Social Responsibility Is Not Just a Vision
SOCIAL RESPONSIBILITY IS NOT JUST A VISION, IT IS A DEFINITE MISSION, A WAY OF DOING BUSINESS AND SUPPORTING SOCIAL COHESION! Sustainable community development - We are where there is a real need! Education - We believe in the potential of the young generation and that is why we invest in their educ
Slide 11: Certifications
CERTIFICATIONS INDEPENDENT SYSTEM OPERATOR Internal/management control Transgaz implemented the internal/managerial control system in accordance with GSG Order no. 600/2018 on the approval of the internal/managerial control code of public entities. In accordance with the unbundling requirements of t
Slide 12: Organisational Structure
ORGANISATIONAL STRUCTURE TRANSGAZ is structured into functional entities (divisions, units, departments, offices, compartments, etc.) and production entities (9 regional offices, sectors, laboratories, working units, etc.). The subsidiaries of SNTGN TRANSGAZ SA in the Republic of Moldova: ▪ Limited
Slide 13: Responsibility for the Future
RESPONSIBILITY FOR THE FUTURE ! In 2017, the establishment of EUROTRANSGAZ S.R.L. on the territory of In 2018, Vestmoldtransgaz S.R.L. (VMTG) was acquired by Eurotransgaz the Republic of Moldova was approved for the successful participation in S.R.L., with Transgaz becoming the sole shareholder of V
Slide 14: Human Resources
HUMAN RESOURCES Special emphasis on the quality of human resources Evolution of personnel number 4.405 The optimal sizing of the number of personnel within the company is correlated with the real personnel needs imposed by the operational activities carried out by the 4.202 4.145 4.089 company, with
Slide 15: Effective Research and Design Capabilities
EFFECTIVE RESEARCH AND DESIGN CAPABILITIES Research and design includes highly complex strategic activities for: Rehabilitation and upgrading of the natural gas transmission system to increase safety; Increasing energy efficiency; 165 Metering of natural gas flows; Environmental and labour protectio
Slide 16: Main Components of the National Gas Transmission System
MAIN COMPONENTS OF THE NATIONAL GAS TRANSMISSION SYSTEM On December 31, 2024: CURRENT NTS INFRASTRUCTURE ❑ 13.992 km of main transmission pipelines and connections for natural gas supply, of which 481 km the BRUA pipeline; ❑ 1.178 natural gas metering stations (1.284 metering directions); ❑ 2 gas me
Slide 17: Key Factors of the Activity as at 31.12.2024 (1)
KEY FACTORS OF THE ACTIVITY AS AT 31.12.2024 (1) CIRCULATED GAS– 31.12.2024 Circulated gas (including storage) – million cm- rolling 12 months 13.293 13.223 13.265 13.114 13.097 13.142 13.134 13.031 12.983 13.058 12.846 12.826 Ian-24 January 24 Feb-24 February 24 Mar-24 March 24 AprilApr-24 24 May-2
Slide 18: Key Factors of the Activity as at 31.12.2024 (2)
KEY FACTORS OF THE ACTIVITY AS AT 31.12.2024 (2) Price (lei/MWH) for transmission system gas consumption 266,18 229,76 220,29 218,26 237,08 218,38 222,59 205,68 161,34 156,68 161,06 179,12 ian.24 24 January feb.24 24 February mar.24 March 24 apr.24 April 24 mai.24 May 24 iun.24 June 24 iul.24 July 2
Slide 19: Strategic Objectives 2021-2025
STRATEGIC OBJECTIVES 2021-2025 STAKEHOLDER PERSPECTIVE As a gas transmission system operator certified according to the Third Continuity of the activity and ensuring safety and security of gas supply Energy Package, of July 2010 TRANSGAZ is member of ENTSOG (The Increasing the level of security of t
Slide 20: Strategic Objectives 2021-2025 - Hydrogen
STRATEGIC OBJECTIVES 2021-2025 SNTGN Transgaz SA, as operator of the National Gas Transmission System (NTS), is interested in the potential of integrating hydrogen from renewable To this end, it has identified the corridors that could be included in the and low-carbon sources into the natural gas tr
Slide 21: 2024-2033 TYNDP Strategic Investments
2024-2033 TYNDP STRATEGIC INVESTMENTS MAJOR PROJECTS BENEFITS ▪ integration of the natural gas market and interoperability of natural gas transmission systems in the region; ▪ increasing the flexibility of the European gas transmission system by the achievement of bidirectional interconnections; ▪ o
Slide 22: Strategic Investment Projects - TYNDP 2024-2033 (I)
STRATEGIC INVESTMENT PROJECTS - TYNDP 2024-2033 (I) Value Deadline Project Project Project estimated for Project importance no. status mil. Euro completion Step-by-step capacity increase of the Bulgaria-Romania-Hungary-Austria reverse flow transmissiom Development of the National Natural Gas Transmi
Slide 23: Strategic Investment Projects - TYNDP 2024-2033 (II)
STRATEGIC INVESTMENT PROJECTS - TYNDP 2024-2033 (II) Value Project Deadline for Project Project estimated Project importance no. completion status mil. Euro The implementation of the SCADA system for cathodic protection will ensure Monitoring, control and data acquisition system for increased durabi
Slide 24: Strategic Investment Projects - TYNDP 2024-2033 Hydrogen
STRATEGIC INVESTMENT PROJECTS - TYNDP 2024-2033 HYDROGEN Value Deadline Project Project Project estimated for Project importance no. status mil. Euro completion Upgrade of the Isaccea - Jupa pipeline for hydrogen Repurposing of natural gas transmission infrastructure to transport hydrogen mixed with
Slide 25: Major Investments Completed in the Last Years
MAJOR INVESTMENTS COMPLETED IN THE LAST YEARS Project value Completi No. Project name Project importance Funding sources (mil. Euro) on year Development on Romania's territory of the National Gas Transmission System on the Bulgaria - Romania - Hungary – Own funds - 20% Ensuring the technical possibi
Slide 26: Other Major Investment Works Completed in Recent Years
OTHER MAJOR INVESTMENT WORKS (NTS EXTENSIONS) COMPLETED IN RECENT YEARS Project value Completion No. Project name Project importance (mil. Euro) year This pipeline section can ensure the gas supply to the 6 territorial administrative units: Cârcea, Malu Mare, DN 500 CRAIOVA - SEGARCEA - BĂILEȘTI - P
Slide 27: Preliminary Financial Results
PRELIMINARY FINANCIAL RESULTS Statement of individual comprehensive income as of 31.12.2024 Statement of individual financial position as of 31.12.2024 Consolidated statement of comprehensive income as at 31.12.2024 Consolidated statement of financial position as at 31.12.2024 Key indicators - conso
Slide 28: Financial Results as at 31.12.2024 - Individual Comprehensive Income (1)
FINANCIAL RESULTS AS AT 31.12.2024 STATEMENT OF INDIVIDUAL COMPREHENSIVE INCOME AS OF 31.12.2024 (1) Changes 2023 THOUSAND LEI 2022 2024 2024/2023 restated Absolute Relative Operational revenue before the balancing and construction activity according to IFRIC12 1.575.186 1.711.286 2.105.069 393.783
Slide 29: Financial Results as at 31.12.2024 - Individual Comprehensive Income (2)
FINANCIAL RESULTS AS AT 31.12.2024 STATEMENT OF INDIVIDUAL COMPREHENSIVE INCOME AS OF 31.12.2024 (2) CHANGES 2023 THOUSAND LEI 2022 2024 2024/2023 restated Absolute Relative Revenues from domestic gas transmission activity 1.351.931 1.451.982 1.954.194 502.212 135% Revenues from the international ga
Slide 30: Financial Results as at 31.12.2024 - Individual Financial Position
FINANCIAL RESULTS AS AT 31.12.2024 STATEMENT OF INDIVIDUAL FINANCIAL POSITION AS OF 31.12.2024 CHANGES 2023 2024/2023 THOUSAND LEI 2022 2024 restated Absolute Relative Fixed assets 6.676.972 6.704.560 8.382.143 1.677.583 125% Current assets 1.329.445 1.653.610 1.924.409 270.799 116% Total assets 8.0
Slide 31: Financial Results as at 31.12.2024 - Consolidated Comprehensive Income
FINANCIAL RESULTS AS AT 31.12.2024 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME AS AT 31.12.2024 CHANGES 2023 THOUSAND LEI 2022 2024 2024/2023 restated Absolute Relative Operating revenue before the balancing and construction activity according to IFRIC12 1.579.284 1.784.240 2.305.477 521.237 129%
Slide 32: Financial Results as at 31.12.2024 - Consolidated Financial Standing
FINANCIAL RESULTS AS AT 31.12.2024 STATEMENT OF CONSOLIDATED FINANCIAL STANDING AS AT 31.12.2024 Changes 2023 2022 2024 2024/2023 THOUSAND LEI restated Absolute Relative FIXED ASSETS 6.880.055 7.090.823 8.725.834 1.635.011 123% CURRENT ASSETS 1.377.086 1.734.527 2.043.522 308.995 118% TOTAL ASSETS 8
Slide 33: Main Indicators - Consolidated Statements as at 31.12.2024
FINANCIAL RESULTS AS AT 31.12.2024 2023 2022 2024 MAIN INDICATORS – CONSOLIDATED STATEMENTS AS AT 31.12.2024 restated EBITDA in total sales 23,83% 28,68% 37,88% Turnover 2022-2024 EBITDA in total equity 14,33% 15,25% 21,30% Gross profit ratio 17,19% 10,21% 20,10% 2.440.916 2.408.559 2.101.092 Return
Slide 34: Participation in National and European Associations
PARTICIPATION IN NATIONAL AND EUROPEAN ASSOCIATIONS ASOCIAȚII EUROPENE ASOCIAȚII NAȚIONALE European Hydrogen Backbone 34
Slide 35: Organisational Relations
ORGANISATIONAL RELATIONS MAIN INTERNAL AND EXTERNAL PARTNERS 35
Slide 36: Responsibility for the Future!
RESPONSIBILITY FOR THE FUTURE! 36