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The investment program of Moldovagaz and its subsidiaries for 2021 was implemented in the amount of 350.9 million lei, which is 95% of the planned level.

The investment program of Moldovagaz and its subsidiaries for 2021 was implemented in the amount of 350.9 million lei, which is 95% of the planned level.

The press service of the enterprise notes that these funds were used for the construction of new, reconstruction, modernization and expansion of existing gas networks, technical re-equipment, the acquisition of non-current assets and other purposes. Last year, the country's gas distribution networks were expanded by more than 173 km in 74 settlements, including the construction of four high-pressure inter-settlement gas pipelines. This project will allow connecting at least 3000 new consumers: private households and economic agents. In addition, several dozen gas control points were built, and telemetry systems were actively installed. In the case of intangible assets, investments were directed to the acquisition of specialized software licenses, the introduction of the Contact Center 1304 information system, etc. It is noted that the Moldovagaz group of companies managed to save 6.19 million lei compared to the figures originally included in the budget of the investment program. This was achieved through the selection of the most cost-effective commercial offers during tenders, while maintaining the regular quality of the supplied goods and services. The report on the results of the investment activities of JSC Moldovagaz and its affiliates in 2021 is at the stage of preliminary discussion and will be sent for approval to the management bodies of the enterprise in due time. // 04.01.2022 – InfoMarket.

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