Rompetrol Rafinare shareholders approved, in the Ordinary General Assembly, the draft revenue and expenditure budget for 2024, which estimates a net loss of 39.758 million dollars this year, according to a report submitted on Monday to the Bucharest Stock Exchange.The gross turnover is estimated at 4.516 billion dollars and the net one at 3.52 billion dollars, while the operating profit, without depreciation and amortization expenses (EBITDA) at 123.92 million dollars and the operating profit (EBIT) at 38.855 million dollars.Also, the shareholders voted the company's production program, as well as the investment plan for 2024.The amount of raw materials expected to be processed this year exceeds 4.956 million tons/year, of which almost 4.65 million tons of steel per year and 306,319 tons/year of other raw materials. The quantity processed by the Vega Refinery is expected to be 4133,137 tons of raw materials/year.The production obtained by the Petrochimie plant is estimated at 146,130 tons of polymers per year, of which polypropylene (PP) 79,690 tons/year and high-pressure polyethylene (LDPE) 66,440 tons/year.The total value of Rompetrol Rafinare's investments for the year 2024 would be 147.929 million dollars, it is also mentioned in the report.Rompetrol Rafinare, a member of KMG International, operates the Petromidia Navodari refineries, which includes the Petrochemical Division, and the Vega Ploiesti refinery.The company's shares have been listed on the Bucharest Stock Exchange since April 2004. The main shareholders are KMG International, with 48.1136% of the shares, and the Romanian state, through the Ministry of Energy, with 44.6959%.
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated to improving […]
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims. After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]
