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Rompetrol was established in 1974 as the operator of the Romanian oil industry. The company was privatized in 1993 through a Management and Employee Buyout (MEBO), and turnover subsequently reduced to below $6 million by 1998. In 1998, Rompetrol was purchased by a local investor group led by Dinu Patriciu, thus increasing company
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.
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. [1]
The terminal which started operations in 2008 [1] belongs to the Rompetrol oil company which is owned by Kazakhstans national oil company KazMunayGas. The overall capacity of the import-export terminal is approximately 170 million barrels per annum (~2.3 × 10 ^ 7 t/a) of oil but used capacity is around 30 million barrels per annum (~4.1 × 10 ...
Meghan Markle has an open invitation to step back into Rachel Zane's shoes!. While attending the premiere of the show's spinoff, Suits LA, in California on Thursday, Feb. 20, Suits creator Aaron ...
Petromidia is the only Romanian refinery located on the Black Sea shore, thus having the advantage of being supplied directly through the Midia oil terminal located in the Port of Midia capable of receiving oil tankers up to 24,000 DWT or the 40 km (25 mi) pipeline starting in the Port of Constanța. [2]
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 10% in 2007. Since 2018 the flat rate was lowered to 10%. Romania posted 6% economic growth in 2016, the highest among European Union member ...
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 ]