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.

Romanians are preparing for a holiday season with higher budgets compared to last year. According to a study by Raiffeisen Bank in partnership with Appinio, 65% of respondents expect higher Christmas spending in 2025, while approximately one in four Romanians (26%) estimate similar costs to 2024.
Beyond Space has released a study on the state of flex offices in Romania, introducing a classification system for coworking and flexible spaces. The publication maps Romania's flex ecosystem through an innovative framework co-created with European coworking experts Pauline Roussel and Dimitar Inchev from Twofifty Consulting.
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
Athens-based architecture firm Bobotis+Bobotis Architects has officially entered the Romanian market, marking a step in its international growth strategy.
The three-month ROBOR index, used to calculate the cost of consumer loans in lei with variable interest rates, fell to 6.21% per annum on Wednesday.