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Dutch-based NN Group lifts stake in Romania's Romgaz

Author Mario Tanev
Dutch-based NN Group lifts stake in Romania's Romgaz Author: Romgaz. License: All rights reserved.

BUCHAREST (Romania), October 15 (SeeNews) - Romanian natural gas producer Romgaz [BSE:SNG] said on Tuesday that Dutch-based NN Group has increased its stake in the company to 5.02%.

NN Group's interest in the company crossed the 5% threshold on October 10, Romgaz said in a bourse filing.

As at 11:20 CET on Tuesday, Romgaz shares traded 0.68% higher at 37.1 lei ($8.6/7.8 euro) on the Bucharest Stock Exchange.

Last month, NN Group increased its stake in Romanian lender BRD - Groupe Societe Generale [BSE:BRD] to 5.01%.

(1 euro = 4.7532 lei)

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