Romania celebrates its National Day this long weekend, when December 1 is a public holiday, as is St Andrew’s Day. At the same time, several Christmas markets are opening in Bucharest, Brașov, and Timișoara.
Rompetrol Rafinare, a KMG International Group (Rompetrol) member company, has recently finalized modernizing the Delayed Coking Unit (Cx) of the Petromidia refinery, by implementing a new drilling/cutting system of petroleum coke, but also the automation of the production flow. The total value of the investment was about 13 million dollars. “Through these works, we manage to bring the Delayed Coking Unit to a new technological stage, an important progress in terms of efficiency, reliability, and operational safety. Such projects show that the turnaround does not only mean maintenance and recertifications, but also the fact that Rompetrol Rafinare has foreseen an important development component, through the investments made”, said Florian Pop, General Manager of Rompetrol Rafinare. The project, implemented during the turnaround, involved replacing the system with a state-of-the-art one, fully automated, supplied by a German company with experience and expertise in such equipment. The new system represents a technological advantage, making it possible to reduce the cutting cycle by approximately 30 minutes, reducing electricity consumption, and all maneuvers can be performed semi-automatically and automatically, remotely. In addition, the investment contributes to reducing the impact on the environment, but also to increasing the degree of protection and safety of employees, with benefits including in the operation of the unit. All the equipment related to the new system (the equipment of the maneuvering system and the supporting and guiding metal structures) are located at heights between 45 and 88 meters. Given the considerable heights, the implementation of the project represented a challenge from a mechanical and execution point of view, with strict safety regulations being followed at every stage. The works were coordinated by Rominserv specialists, the general contractor of the KMG International Group (Rompetrol) and were executed by seven companies with expertise in the field, who assigned 140 people to the project. The Delayed Coking Unit contributes to the superior valorization of crude oil and obtaining semi-finished products with added value, part of which are transferred to and processed in other units in the Petromidia Navodari and Vega Ploiesti refineries. Petroleum coke is a solid, carbon-rich, low-sulfur end product obtained in the Delayed Coking Plant. It is used for heating by the general population, commercial companies and public institutions. Having a high calorific value - approximately 8,200 kcal/kg, more than twice as high as average firewood, it is recommended to be used in special installations, in combination with other firewood. In operation for nearly 40 years, the unit underwent in 2013 an extensive modernization project costing more than 50 million dollars, which resulted in a 90% reduction of technological consumption, an annual decrease of losses of approximately 3 million dollars, and a decrease in energy consumption. The most recent modernization works were performed in 2020, when a new light diesel recovery system was installed at the fractionation column. As part of this year's general turnaround, Rompetrol Rafinare also implemented other important projects, such as changing the reactors in the Middle Distillate Hydrotreating Unit (HDV) or replacing the main equipment in the Hydrogen Plant. The two, cumulatively, involved an investment effort of more than 25 million dollars. This year, the Petromidia refinery marks 45 years of operation, during which it processed about 150 million tons of raw materials, the refinery in Navodari being a pillar of stability for the national energy sector. The significant shareholders of Rompetrol Rafinare SA are KMG International (54.63% - directly and indirectly) and the Romanian State, through the Ministry of Energy (44.7%).
Romania celebrates its National Day this long weekend, when December 1 is a public holiday, as is St Andrew’s Day. At the same time, several Christmas markets are opening in Bucharest, Brașov, and Timișoara.
Tășuleasa Social Association, which developed the long-distance trail Via Transilvanica, has developed a modular accommodation unit prototype, the first in what is to become a network of rural hospitality spaces. The network will cover areas along the trail that are isolated and lacking tourist infrastructure or communities with an aging population where there are no other […]
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]