Armax Gaz SA
BBVB:ARAX1.47
RON
-0.01
(-0.68%)
ISIN
ROARAXACNOR4
Return %
Stock
S&P 500
1Y
-15.52
14.20
3Y
-12.50
81.12
5Y
18.55
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
FRC
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Dumitru-Remus Vulpescu
- Full Time Employees
- 204
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Medias Romania
- IPO Date
- Nov 7, 2017
- Website
- armaxgaz.ro
- Similar Companies
- Business
- Armax Gaz SA is a Romania-based industrial engineering and manufacturing enterprise primarily engaged in the design, development, fabrication, and maintenance of specialized equipment, apparatus, and turnkey technological systems for the natural gas extraction, transmission, processing, and distribution industries. Founded in 1925 and headquartered in Mediaș, Romania, the company operates dedicated production, testing, and engineering facilities serving domestic and international energy infrastructure operators. The company provides a systematic portfolio of core products and technical services, which includes: natural gas pressure reduction, regulation, and metering stations, comprising automated skids, commercial fiscal metering systems, and distribution stations; gas filtration and separation systems, including two-phase and three-phase separators, cyclone separators, coalescer filters, dust filters, and liquid knock-out vessels; thermal process equipment, such as indirect gas water bath heaters, shell-and-tube heat exchangers, and preheating units; automated and manual natural gas odorization systems and precision chemical injection units; pipeline pigging equipment, including scraper traps, pig launchers, and pig receivers; pressure vessels, gas storage receivers, and slug catchers; safety and flare systems, including flare stacks, flame arrestors, and pressure relief assemblies; industrial ball valves, check valves, control manifolds, and specialized piping spools; and comprehensive lifecycle services, comprising turnkey engineering, procurement, and construction (EPC) execution, non-destructive testing (NDT), technical retrofitting, system commissioning, calibration, and on-site maintenance. Armax Gaz SA primarily targets national natural gas transmission operators, gas exploration and production companies, municipal distribution utilities, chemical refineries, and large-scale industrial energy consumers across Romania and the broader Central and Eastern European regions. In recent operational developments, Armax Gaz SA has executed strategic reorganization and financial recovery measures to streamline manufacturing workflows, optimize operational capacities at its Mediaș production plant, and re-establish normalized commercial operations. The company has modernized its technical product lines to meet upgraded European gas grid standards and hydrogen-blend readiness criteria, while expanding its participation in high-priority national pipeline modernization programs and securing renewed supply and maintenance contracts with key regional energy utilities and network operators.