The Kazakh Romanian Energy Investment Fund starts the construction of the cogeneration plant on the Petromidia platform...
Sustainability strategy, social responsibility projects and reporting of non-financial indicators are fundamental elements in our activity.
Evolution of the pandemic and the measures implemented determined the adaptation of our strategy
The Kazakh Romanian Energy Investment Fund plans to develop 66 new stations during a 5 years implementation timeline.
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The new plant will comply with the highest technological, energy efficiency and environmental standards.
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Construction and integration of the new dewaxing plant into the technological flow of Petromidia refinery will allow the refinery to significantly improve the process of obtaining diesel fuels in the wintertime, increase the production of aviation jet fuel, leading to the strengthening of local energy security.
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The project aims to increase by more than 30% the production of polymers within the petrochemical division of the Petromidia refinery, the sole producer in Romania in this field.
Read moreRompetrol Rafinare, a member company of the KMG International Group, recorded an increase of 16% of the gross turnover, while other financial indicators, such as operational profit and the net result, were strongly impacted by the unfavorable global market environment.
We have been publishing sustainability reports since 2013, which are addressed to all stakeholders interested about the impact of our operations on the communities in which we operate.
