12 gas distribution enterprises will be merged into one enterprise, Moldovagaz

Moldovagaz is reorganizing the gas distribution enterprises so as to reduce costs. By such restructuring, the enterprises contribute to ensuring a lower rate for end users. The decision will be adopted by the administrative bodies of Moldovagaz at the end of November. The reorganization procedure for merging the current 12 distribution enterprises will be then initiated, Moldovagaz CEO Vadim Ceban told a news conference, being quoted by IPN.

This way, the distribution costs will be unified and the cross compensation of these will be avoided.  The unified management approaches will lead to savings and to lower distribution charges. There will be only three distribution charges at one enterprise. “This will enable us to centralize the financial resources at one enterprise. The financial, administrative and technical management will be much more efficient,” stated Vadim Ceban.

The 12 distribution enterprises (Chișinău-Gaz, Ialoveni-Gaz, Gagauz-Gaz, Edineț-Gaz, Taraclia-Gaz, Ștefan-Vodă-Gaz, Cimișlia-Gaz, Orhei-Gaz, Bălți-Gaz, Florești-Gaz, Cahul-Haz și Ungheni-Gaz) will merge into one enterprise called “Distribuție-Gaz”. This will supply natural gas in the amount of over 1.1 billion cubic meter of gas to 766,800 consumers and will manage over 23,000 km of pipes.

The 12 enterprises now employ 4,358 persons. By the announced reorganization, the number of employees will be reduced to 3,874. “This way, we will economize about 110 million lei a year. This will enable us to capitalize on the company’s net assets. We now have two distribution enterprises with a negative share capital. By this merger, we will solve this problem,” stated Vadim Ceban.

He noted that restructuring is also planned at Moldovagaz (supplier) and Moldovatransgaz SRL (transporting company).

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