GAZ SUD Group

Ownership: 90.85%

Overview

GAZ SUD Group comprises three companies: Gaz Sud, Grup Dezvoltare Retele and Premier Energy. The main business of the Group is the distribution and supply of natural gas in Romania, and it is also active in the maintenance and construction of natural gas distribution networks, connections and user installations. It employs 348 people.

The Group currently operates 60 concessions throughout the country, out of the total of 930, and owns a distribution network spanning 2,012 km. The concessions are focused around Bucharest and the southern and western parts of the country. It distributes natural gas to both households and non-household clients, while also selling natural gas to industrial clients outside its concession network.

Romania is the largest natural gas producer in Central and Eastern Europe and has a unique position in the region because of its very limited dependence on natural gas imports. EMMA Group entered the Romanian gas market by acquiring Gaz Sud and Grup Dezvoltare Retele in 2013. In less than a year, it expanded through the acquisition of Premier Energy, securing its position as the 3rd largest natural gas distributor after Engie and E-On. EMMA Group intends to further grow its position in this market, both organically and through acquisitions.

Key Figures (in EUR M)

Sales 51
EBITDA 9
Total assets 60
Number of employees 320
Number of distribution points 55,000
Sales 33
EBITDA 7
Total assets 51
Number of employees 348
Number of distribution points 47,998
Sales 33
EBITDA 2
Total assets 53
Number of employees 407
Number of distribution points 46,248
Sales 29
EBITDA 3
Total assets 57
Number of employees 443
Number of distribution points 44,179
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