Rompetrol Rafinare, part of the KMG International Group, has committed approximately $20 million to the ecological rehabilitation of the historical lagoons.
Rompetrol Rafinare has announced the completion of a major stage in its tank farm rehabilitation and modernisation program at the Petromidia refinery.
Rompetrol Rafinare has announced the signing of an amendment to a syndicated loan agreement, with a value of up to $600 million.
Rompetrol Rafinare announces a turnover of 3.57 billion dollars and losses of 66.7 million dollars in the first 9 months of the year.
The financial results were influenced by the planned shutdown of the Petromidia refinery, between March and May 2024.
The project, implemented during the turnaround, involved replacing the system with a state-of-the-art one, fully automated.
This special equipment is designed and executed for operation at considerable temperatures and pressures, in an environment with the presence of hydrogen.
Rompetrol initiated the processes of restarting the production facilities at the Petromidia Navodari refinery, after the timely completion of the maintenance and modernization.
Romanian M&A activity recorded 67 transactions in Q1 2026, representing a 29% increase compared to the same period last year when 52 deals were announced, according to a report by EY Romania.
BearingPoint, a management and technology consultancy, has relocated its Bucharest office to Timpuri Noi Square, the office development of Vastint Romania.
Romania's Ministry of Finance has announced the April 2026 edition of Fidelis government bonds, offering tax-free interest rates of up to 7.6% for RON-denominated issues.
Romania's National Bank (BNR) board decided to maintain the monetary policy interest rate at 6.50% per year during Tuesday's meeting.
PPC Renewables Romania will build a battery energy storage system (BESS) with a capacity of 60 MW / 120 MWh at the Târgușor wind farm in Constanța County.