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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
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.
2000 – Rompetrol takes over Petros - at that time Romania's principal oilfield operator. The company has since been renamed Rompetrol Well Services. The Group's largest acquisition, Petromidia S.A., is also Romania's largest and most sophisticated oil refinery. Rompetrol committed itself to a sustained modernization process to make Petromidia ...
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 ...
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.
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.
One hundred three Romanian citizens and family members in the Gaza Strip hope to leave through the Rafah border crossing into Egypt on Tuesday, Romania’s foreign ministry said. Hundreds of ...
This is a list of notable automotive fuel retailers ("petrol" or "gasoline", "diesel", etc.) and their controlling oil companies.The format of this page is based on current ownership and where they largely operate: