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.

Lidl Romania continues to invest in the country and announces for the financial year 2026 (1 March 2026 – 28 February 2027) an expansion plan of over €285 million.
Restaurant technology startup Choice has secured €6.6 million in new funding and is accelerating its expansion across CEE, including Romania, where it entered in 2025.
Israeli developer Econergy Renewable Energy has secured €31 million in project financing from Kommunalkredit for its 60MW Ovidiu solar project in Romania.
Romania's Competition Council is analyzing the transaction through which Pavăl Holding, controlled by the Pavăl brothers, intends to acquire the Carrefour group in Romania.
Romania continues to record the lowest uptake of e-government services in the European Union.