Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), introduced two modern reactors into the operational flow of the Petromidia refinery, part of the Middle Distillate Hydrotreating (HDV) unit, which will reach optimal operational parameters in the shortest time possible. The investment of about 16 million dollars, implemented as part of the recently completed general turnaround, will lead to increased amounts of loaded catalyst. The integration of the reactors into production was marked in the presence of the Romanian Government representative – State Councilor Florin Sp?taru and His Excellency, the Ambassador of Kazakhstan to Romania, Yerlik Ali, who conducted an official visit today, on the Petromidia platform. This special equipment is designed and executed for operation at considerable temperatures and pressures, in an environment with the presence of hydrogen. The two reactors, which measure approximately 33 meters in height and weight approximately 285 tons each, were manufactured in Romania by the Comes company and the installation in the operational flow was carried out by Industrial Montaj. The role of HDV is the processing / hydrotreating of diesel mixtures resulting from the technological processes of other facilities in the operational flow, in order to eliminate sulfur compounds and, implicitly, obtain EURO 5 components for the final production of diesel. Changing the reactors is one of the most important projects implemented during the turnaround. In total, around 85 million dollars were invested in the modernization projects of the Petromidia refinery, the largest profile unit in the country. In the first three months of 2024, the Petromidia refinery processed 943 thousand tons of raw materials, mostly crude oil of Kazakhstan origin. Rompetrol Rafinare is one of the most important contributors to Romania's state budget, paying over 316 million dollars in the first quarter of the year. 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%).
Representatives of the “Agrippa Ionescu” hospital in Bucharest confirmed on Monday, June 16, that former president Ion Iliescu has lung cancer. Earlier this month, former president Traian Băsescu also underwent a planned heart surgery at a hospital in Paris. Iliescu, who is 95 and was president of Romania from 1989 until 1996 and from 2000 […]
The phenomenon of violence against women perpetrated by their partners is more prevalent in Romania compared to other EU states, according to Eurostat data processed by Monitorul Social, a project of Friedrich-Ebert-Stiftung Romania, or FES. Almost half of the women in Romania (45.5%) have suffered psychological violence from their intimate partner, compared to the EU […]
The European Bank for Reconstruction and Development, or EBRD, is set to invest EUR 40 million in the company behind the region’s Burger King franchise, the Polish holding company Rex Concepts. The money will go toward supporting the chain's expansion by opening new quick-service restaurants in Poland, Romania, and the Czech Republic. Rex Concepts, backed […]
Via Transilvanica, the long-distance trail that crosses the country, has unveiled a kilometer milestone on Șimian Island, an island on the Danube located downstream of Drobeta-Turnu Severin. It is a symbolic extension for the trail, which stretches from Putna, in northern Romania, to Drobeta Turnu Severin, marking seven years since the Via Transilvanica project began […]
In 1905, the first Siemens company was established in our country. Siemens S.R.L. has consistently invested in education and human capital development, providing scholarships worth nearly €1,900,000 to undergraduate, Master's, and PhD students, for over 10 years. The company maintains long-term collaborations with prestigious technical universities in Bucharest, Brașov, Cluj-Napoca, and Iași. In 2025, Siemens […]
The organizers of Bucharest's Neversea Kapital festival, scheduled for July 4–6, announced the names of two more guests that will complete the lineup, namely house sensation John Summit and techno star Paul Kalkbrenner. John Summit is a big name in the house and electronic dance genres. Recognized by Rolling Stone as “The Hottest Name in […]
