Romania provides emergency fuel relief for OMV Petrom refinery

Business Forum
The Romanian Minister of Energy, Bogdan Ivan, said that the country's supply of fuels is stable and continuous, despite OMV Petrom's issues with an import batch of petroleum products.

Ivan said he approved the distribution of 80,000 tonnes of crude oil and 30,000 tonnes of diesel from the state reserves to prevent any operational issues at the Petrobrazi refinery, owned by OMV Petrom. The oil major faced a supply gap due to a “contaminated” stock of imported oil products.

“This ensures the continuity of operations at the Petrobrazi refinery and maintains a stable national market for petroleum products. These quantities represent less than 5.5% of the national emergency stock. The reserves, totaling over 2 million tonnes, will be replenished within 60 days,” said Ivan.

With an annual refining capacity of 4.5 million tonnes of crude oil, Petrobrazi is one of Romania's most important refineries.

At Petrobrazi, crude oil is processed and transformed into a wide range of quality petroleum products, including petrol, diesel, LPG, aviation fuels, and other petroleum products.

RECOMMENDED
OMV Petrom sees 21% profit dip in H1 2025
Energy

OMV Petrom sees 21% profit dip in H1 2025

OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.

RECOMMENDED FROM THE HOME PAGE
Romanian inflation to hover around 9% by mid-2026, says ING
Economy

Romanian inflation to hover around 9% by mid-2026, says ING

Romanian inflation eased slightly to 9.8% in October from 9.9% in September, with declining food prices providing some relief while services inflation remained elevated. The National Bank of Romania is expected to maintain current rates until mid-2026.

Finance

BT launches EUDIW pilot in Romania

BTa and BPC have completed Romania's first pilot of the EU Digital Identity Wallet (EUDIW) for payments, allowing cardholders to authenticate online purchases with their European Digital ID. The project is part of the EU Digital Wallet Consortium's large-scale pilot funded by the European Commission (EC) to advance the eIDAS 2 regulation, which requires all EU banks to accept EUDIW for KYC and strong customer authentication by 2027.

Industry

Aquila posts 17% revenue growth on nine months

Romanian FMCG distributor Aquila reported a 17% increase in revenues to approximately RON 2.5 billion (€500 million) in the first nine months of 2025, driven by strong performance in its distribution and logistics segments.

Real estate

Expur relocates HQ to Business Garden Bucharest

Vastint Romania has signed a new lease agreement with Expur for 940 sqm in Building A of Business Garden Bucharest. The oil processing company is relocating its headquarters to the modern office complex.

READ MORE
Business Forum  |  13 November, 2025 at 3:57 PM
Business Forum  |  13 November, 2025 at 2:45 PM