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[8] After having a loss of USD$129 million in 2021, Rompetrol Rafinare had a profit of USD$90 million in 2022. It was the largest refinery in Romania at that time, and was controlled by KazMunaygas through KMG International. [9] In March 2023, Rompetrol opened three KFC restaurants in its gas stations on the A1 highway in Romania. They were the ...
2009 – In August 2009, Rompetrol opens its first two fuel stations, on the A2 motorway in Romania, designed as the new premium brand of the group. 2010 - 2011 – TRG Petrol A.S., the group's branch was established in Turkey with a view to expand the operations and enter new highly prospective markets.
In 2018 Romania enjoyed one of the largest world market share in machine tools (5.3%). [citation needed] Romanian-based companies such as Automobile Dacia, Ford, Petrom, Rompetrol and Bitdefender are well known throughout Europe. However, small- to medium-sized manufacturing firms still form bulk of the manufacturing sector.
In 2007, he bought the Fabian Romania Property Fund, a British real estate investment fund in Romania. [8] As of 2012, his Dinu Patriciu Global Properties company owned real estate (office and commercial buildings) worth an estimated $1 billion in Germany and Romania, [ 8 ] as well as 25 residential projects in the United Arab Emirates . [ 5 ]
Present-day Romania boasts significant oil-refining capabilities, demonstrating a notable interest in the Central Asia-Europe pipelines while actively cultivating relations with select Arab States of the Persian Gulf. With a total of 10 refineries and an overall refining capacity of approximately 504,000 barrels per day (80,100 cubic meters per ...
Location of Romania. Romania is a sovereign state located in Southeastern Europe. Following rapid economic growth in the early 2000s, Romania has an economy predominantly based on services, and is a producer and net exporter of machines and electric energy, featuring companies like Automobile Dacia and OMV Petrom.
Vega Refinery is a Romanian oil refinery owned by Rompetrol and located in Ploiești, Prahova County. The refinery has a processing capacity of over 350,000 tons of feedstock /year. It is also the sole producer of hexane and bitumen in Romania with a production capacity of 66,000 tons of bitumen per year.
At the same time annual inflation in the economy is variable and during the mid-2000s (2003–2008) has seen a low of 2.3% and high of 7.8%. Romania adopted 1 January 2005 a flat tax of 16% to improve tax collection rates. Romania subsequently enjoyed the lowest fiscal burden in the European Union, until Bulgaria also switched to a flat tax of ...