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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]
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 ...
Food prices increased by 9.9% in 2022 and 5.8% in 2023, according to the U.S. Department of Agriculture. Potential tariffs — particularly the 25% tariff on imports from Mexico that Trump has ...
Meanwhile, the S&P 500's current high valuation, which sits at a 21.5 forward 12-month price-to-earnings ratio, per FactSet, is well above the five-year average of 19.7 and the 10-year average of ...
Japanese emergency services struggled for hours on Tuesday to rescue the driver of a truck that plunged into a massive sinkhole near Tokyo.. Authorities in Yashio City, Saitama, received calls ...
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: