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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.
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.
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.
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 ...
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Trump, on the campaign trail and in his first weeks in office, has extolled tariffs as a tool to boost domestic producers and fill the U.S. Treasury. And to be sure, some manufacturers love them.
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 ...