Rompetrol Rafinare commits $20 million to Vega Refinery's ecological cleanup
Rompetrol Rafinare, part of the KMG International Group, has committed approximately $20 million to the ecological rehabilitation of the historical lagoons.
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.

Romania's government ordinance passted at the end of last year signals to companies that fiscal pressure could ease and the series of tax increases might end in 2026.
New car registrations in Romania increased by 4.7% in 2025 year-on-year, reaching 155,855 units, according to preliminary data released by the Association of Car Producers and Importers in Romania (APIA) based on DGPCI statistics.
Freedom24, the European broker connecting retail investors to international exchanges, expanded its Romanian client base by 9% to over 4,300 investors in 2025.
The tender for the design and construction of the final motorway lot of the Târgu Neamț - Iași - Ungheni section has been launched.
Romania received earlier this week €988.7 million from the European Agricultural Guarantee Fund (EAGF), representing reimbursement for advance payments made to farmers between 16 October and 30 November 2025, the Ministry of Agriculture and Rural Development announced.