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Moldovagaz reports profit after many years of losses


https://www.ipn.md/en/moldovagaz-reports-profit-after-many-years-of-losses-7966_1034732.html

The public utility Moldovagaz in 2016 made 262.4 million lei profit after working at a lost during a long period of time, IPN reports, quoting a press release of the company.

In the general assembly of shareholders of SA Moldovagaz, it was decided that the profit made in 2016 will be used to cover the losses sustained the previous years.

The number of consumers in 2016 rose by 13,000 to over 689,000. The investments made last year came to 151.7 million lei.