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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
KMG International owns the largest and most modern refinery in Romania and the Black Sea region – Petromidia Navodari – which boasts a processing capacity of over five million tons per year. The company's retail network that operates under the "Rompetrol" brand incorporates over 1000 fuel distribution points in Romania, Georgia, Bulgaria ...
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.
Rompetrol: Oil & gas Exploration & production Bucharest: 1974 Part of KMG International: P A Romstal: Industrials Industrial suppliers Bucharest: 1994 Sanitary supplies P A Romtelecom: Telecommunications Fixed line telecommunications Bucharest: 1989 Telecom, defunct 2014 P D SIVECO Romania: Technology Software Bucharest: 1992 Business software ...
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]
Midia Oil Terminal (Romanian: Terminalul petrolier Midia) is an oil import-export terminal located 8.6 km (5.3 mi) offshore the Port of Midia in Constanța County, Romania. It is one of the biggest oil terminals in the Black Sea that serves as a local hub for crude oil deliveries to the Romanian market.
Romania is a popular tourist destination, with more than 15.7 million domestic and foreign tourists in 2018. Romania's tourism took a great hit during the 2020 COVID-19 pandemic, with a drop of as much as 68.7% of foreign visitors in 2020, but it's beginning to recover in 2022. [78]
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]