About Rompetrol Rafinare

Rompetrol Rafinare is the largest asset held by the KMG International Group in Romania. The company operates the two refineries of the Group - Petromidia of Navodari, county of Constanta, together with the only petrochemical division of the country, and Vega Refinery of Ploiesti, which keeps the local refining industry at high standards.

The strategy employed by the Group included investments of more than USD 1.4 billion in development of the refining and petrochemical business lines, as well of the infrastructure supporting crude oil sourcing and delivery of finished products across Romania and the Black Sea region.

These retrofitting programmes were undertaken and carried out starting with 2008, in a local and international context marked by the financial crisis, with the oil and gas industry being among the most affected.

Results 2020

The first quarter of 2020 was marked by sharp declines in the oil and gas market, driven by restrictive measures imposed with the onset of the COVID-19 pandemic. Rompetrol Rafinare, member company of the KMG International Group, recorded financial results affected by the significant decrease in gross refining margins, halved compared to the previous year.

Read more about the results in Q1 2020.

Results 2019

Rompetrol Rafinare, part of the KMG International Group, managed in 2019 to maintain a positive trend in terms of operational results, with record values for processed raw materials, fuel production and sales on the domestic market.

Read more about the results in 2019.

PETROMIDIA
REFINERY

The largest local refinery, and of the most modern in SE Europe.

VEGA
REFINERY

The longest standing local refinery; supplier of special and niche products.

PETROCHEMICAL
DIVISION

The sole producer of polymers in Romania.

ECONOMIC IMPACT

We make a contribution to the Romanian industry and energy security.

Press
Releases

14 May 2020

Financial results influenced by the volatility in the oil and gas market, in the first quarter of 2020

Rompetrol
Team

Meet the executive management of the company

Environment and health

WE PROTECT
TO CREATE

Rompetrol Rafinare assumes in full its important role in protecting and keeping safe the environment. We bring our constant contribution to mitigation of the environmental impact and of any effects of our operations.

Having reviewed the progresses we achieved in reduction of waste and energy consumption, and in compliance with all environmental regulations, we commit to protect the communities around our operations in the long run. As to employees, our objective is 100% SAFETY, through training programmes, thorough checks and extension of our protocols also to contractors.

Certifications

ROMPETROL
REFINERIES

Rompetrol Refineries are aligned to the BAT (Best Available Technologies) standards, and Petromidia is the first Romanian refinery to have successfully aligned to European environmental regulations and fuel quality standards.