Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has started the general turnaround of the Petromidia refinery, scheduled for the period March 8 - April 26, an extensive project aimed at the maintenance, recertification and modernization of the production units of the largest refinery in Romania. During the first stage of the turnaround, all installations will stop their operational processes, the oil product will be removed from all production units, and the actual works will last about 40 days. At the end of the period, the units will be reintroduced, gradually, into the production flow of the refinery, and specialists estimate that Petromidia will be able to return to optimal capacity in May. The works will be coordinated by Rominserv (the general contractor of KMG International) and will be carried out with the support of over 30 subcontracted companies from Romania and other European countries, which have wide expertise in such projects. During the turnaround program, projects will be implemented, aimed at replacing the reactors in the Diesel Hydrotreater unit, modernizing and changing some components and sub-assemblies in the Hydrogen Plant, respectively the Delayed Coking unit. For the safe execution of the works, the representatives of all the companies involved in the project took additional measures for occupational safety and the training of the employees who will carry out their activity on the Petromidia platform, in accordance with the safety and security policies of the KMG International Group. The Petromidia general turnaround is a mandatory and necessary measure implemented by Rompetrol Rafinare, which takes place every 4 years, aimed at ensuring a higher safety rate of both technical installations, as well as employees from the platform. Also, due to the work, which is to be carried out, a favorable framework can be created for future investment in production capabilities in case a potential development of operational assets will be viable. During the turnaround, the Vega Refinery from Ploiesti will partially reduce its activity, for a series of maintenance works, but also due to the reduction of raw materials and semi-finished products supplied by the Petromidia Refinery from Navodari. Throughout this period, the company will provide the fuel needed on the domestic market and fulfill its deliveries of petroleum products, according to the commercial contracts in force from its own stocks and with the support of the trading division of the KMG International Group (Rompetrol). The significant shareholders of Rompetrol Rafinare SA are KMG International (54,63% - directly and indirectly) and Romanian State, through the Ministry of Energy (44,7%).
The agency plans to expand its team and reach a turnover of EUR 450,000 by year-end. June Communications (JUNE), a business-to-business PR and integrated communications agency, has appointed Bianca Caragea as its new Operations Manager. The step strengthens the agency’s management team as it enters a new stage of growth after seven years of sustained […]
The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]
Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
