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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
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 ...
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]
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.
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 ...
The emergence of oil production in the territory now known as Romania dates back to 1857, [1] with oil facilities gaining strategic military significance in 1916 during World War I. Throughout World War II , the Kingdom of Romania held the position as the largest oil producer in Europe, second only to the USSR, whose primary oil source was ...
The EA211 engines are a completely new four-cylinder turbocharged and direct-injection TSI engines. Compared to its predecessor, the EA211 series is significantly more compact, with installation length 50 mm (2.0 in) shorter, thus offering more interior space.
Dacia is producing more than 1,000,000 cars a year (with 1 factory in Morocco). 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 ...