Rompetrol

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The Rompetrol Group N.V.
Type Public (BVB: RRC)
Founded 1974/1999
Headquarters Bucharest, Romania (central office)
Rotterdam, Netherlands (headquarters)
Key people Dinu Patriciu, CEO, Chairman - Rompetrol Group N.V.
Philip Stephenson, Deputy CEO - Rompetrol Group N.V.
Industry Petroleum
Products Petroleum products, Petrochemicals
Revenue €2.34 billion (2005)
Website http://www.Rompetrol.com

The Rompetrol Group N.V. is a Romanian oil company, that operates in several countries of Southeastern Europe:

  • Romania - 2nd largest oil company, 40% market share
  • France - 7th largest oil company, 5% market share
  • Spain - 10th largest oil company, 5% market share
  • Turkey - 7th largest oil company, 5% market share
  • Russia - 15th largest oil company, 1% market share
  • Ukraine - 7th largest oil company, 5% market share
  • Hungary - 7th largest oil company, 5% market share
  • Bulgaria - 3rd largest oil company, 15% market share
  • Serbia and Montenegro - 4th largest oil company, 10% market share
  • Moldova - 2nd largest oil company, 30% market share
  • Albania - 4th largest oil company, 20% market share

Rompetrol Group N.V. is the owner of the Petromidia oil refinery in Năvodari, Romania, renamed Rompetrol Rafinare S.A. which was built between 1975 and 1977 and modernized in the early 1990s, currently it has a capacity to process 14,000 tons of crude oil per day.

Rompetrol also owns Vega Refinery, built in 1904 and acquired by Rompetrol in 1999 and it is Romania's sole producer of a wide range of special boiling point spirits (SPBS), Solvents for olefins polymerization, bitumen, heating oil and catalysts for petroleum processing.

In December 2005, Rompetrol Group N.V. acquired French oil company Dyneff S.A., taking control over its oil refining infrastructure as well as its network of petrol stations in France.

The Chairman of the Board and CEO of the Rompetrol group is Dinu Patriciu, and the Dupty CEO is Philip Stephenson.

[edit] See also

Petrom

[edit] External links

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