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Wednesday, December 12, 2018 
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Report according art. 82 Law 24/2017

Release Date: 12/7/2017 7:50:57 AM

IRIS Code: 17B80


according to the provisions of Article 82 of Law 24/2017

Date of report: 06.12.2017

Name of issuing entity: SNTGN TRANSGAZ SA MEDIAS

Headquarters: Medias, Piata Constantin I. Motas, nr.1, jud. Sibiu

Telephone/fax number: 0269803333/0269839029

Tax identification code: RO 13068733

Trade Register number: J32/301/2000

Subscribed and paid-up capital: 117.738.440 RON

Regulated market on which issued securities are traded: Bucharest Stock Exchange.

SNTGN Transgaz SA Medias notifies all stakeholders of the legal documents concluded with companies where the Romanian State exercises direct or indirect control and the total value of which represents at least the RON equivalent of EUR 50,000:

Contract data

Contract clauses

Parties to the Contract

concluded between S.N.T.G.N. Transgaz S.A. and CEC BANK S.A.

Contract date and type

Contract No 585/15.11.2017

Contract scope

Escrow services for amounts representing indemnity and compensation to be made available to entitled persons

Contract value

Lei 362,191.20 – for a period of 4 years

Mutual debts


Penalties and guarantees stipulated


Letter of bank guarantee for the good performance of the contract amounting to Lei

36,219.12 made up by CEC Bank.


“If the Provider fails to perform, delays the performance of or improperly performs the obligations under the Contract, a percentage of 0.05 of the Contract value for each day of delay, from the obligation due date to the full and proper performance of the obligations shall be paid, as delay penalties, by the Provider to the Purchaser.

The invoice related to the penalties shall be paid by the Provider within 5 days from its receipt.

If the Purchaser fails to execute his payment obligation, the Provider is entitled to claim, as penalties, a percentage of 0.05% of the unpaid value of the fees due for each day of delay, by the full performance of the obligation. “

Payment terms and modalities

Monthly by bank transfer




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