Romgaz seeks EUR 100 million credit line: what it means for Romgaz stock

Published on 10/01/2026 at 20:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit rose 3.37 percent to RON 1.7 billion in the first half of 2026. For Romgaz stock this means a 40.18 percent cut to RON 1.877 billion.

Romgaz, ROSNGNACNOR3, Illustration mit AI erstellt.

Romgaz (ROSNGNACNOR3) is seeking shareholder approval for a EUR 100 million revolving credit line. On October 1, 2026, Ziarul Financiar reported that the proposal covers a facility from Banca Comerciala Romana, with a shareholder vote scheduled for October 29, 2026.

Credit buffer follows Azomures deal

The proposed facility would replace a EUR 100 million UniCredit line maturing on December 30, 2026. Romgaz wants total available credit lines of EUR 250 million, combining the proposed BCR facility with a EUR 150 million line from Banca Transilvania, according to Ziarul Financiar.

The financing request is linked to working-capital needs after Romgaz acquired the operating assets of Azomures. The company expects the acquired business to generate neither revenue nor cash inflows until April 2027, while the credit lines are described as a reserve for timing gaps between receipts and payments.

Profit rises as revenue contracts

Profit.ro reported that Romgaz posted net profit of RON 1.7 billion in the first six months of 2026, up 3.37 percent from the same period of 2025. Revenue fell 8.59 percent to RON 3.8 billion, while delivered gas volumes declined 6.20 percent.

The contrast matters for the financing decision: earnings remained higher year over year, but lower regulated gas prices and weaker volumes reduced revenue. The 2026 budget also projects net profit of RON 1.877 billion, down 40.18 percent from RON 3.138 billion in 2025, according to Profit.ro.

Next vote and results date

BVB says Romgaz shareholders will meet on October 29, 2026, with October 30, 2026 set as the second call date. The agenda includes the revised 2026 budget and approval of the EUR 100 million revolving facility.

MarketScreener lists November 12, 2026 as Romgaz's scheduled release date for third-quarter 2026 results. That date gives the market a second near-term checkpoint after the financing vote.

Romgaz stock on the BVB

Romgaz stood at RON 16.20 on the Bucharest Stock Exchange on October 1, 2026. The financing proposal places liquidity management beside the company's operational challenge: first-half revenue declined 8.59 percent even as net profit increased 3.37 percent.