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Rompetrol Rafinare SA

Summary

Company ID (NIN)

1860712

Company owner / manager

  • Other
  • State
  • KMG International B.V.

Country

Romania

Capital

4,410,920,573

Total assets

8,095,708,068

Net profit for the period

418,336,728

Report year

2017

Currency

RON

Industry

Petroleum Refining

General information

About Rompetrol Rafinare SA

Rompetrol Rafinare SA is the oil refining unit of Romania's second largest oil company Rompetrol in terms of total revenue. 

The company has ISO 9001:2016 Quality management systems certificate, ISO 14001:2015 Environmental management systems certificate and OHSAS 18001:2007 Occupational health and safety management systems certificate, all valid until June 30, 2021.

Last updated on June 20, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Jan. 1, 1975
NIN
1860712
Tickers
RRC
Stock Exchange
Bucharest Stock Exchange
ISIN
ROPTRMACNOR5
Profile last updated
June 20, 2019, 12:56 p.m.
Alternative names

    Rompetrol Rafinare JSC
    Rompetrol Refinery JSC
    S.C. Rompetrol Rafinare S.A.
    SC Rompetrol Rafinare SA

History

    1975 - Oil refining company Complexul Petrochimic Midia Navodari is established near Constanta, southeatern Romania.

    1991 – The company transforms into a joint stock company and changes its name to Petromidia SA from Complexul Petrochimic Midia Navodari.

    Nov 25, 1996 - Petromidia SA lists on the RASDAQ Stock Exchange with a subscribed capital of RON 906,710,000,000.

    January 1999 - Romania's State Ownership Fund (now AVAS) sells 65.32% in the company to Turkish investor Akmaya. Later, the state cancels the privatisation contract with Akmaya due to disagreements regarding additional incentives.

    Mar 21, 2001 - Romania's State Ownership Fund sells the majority stake in the company to Dutch-based Rompetrol Group N.V for USD 50.518 mln. The company changes its name to Rompetrol Rafinare – Complexul Petromidia SA from Petromidia SA.

    Mar 13, 2003 - The company changes its name to Rompetrol Rafinare SA from Rompetrol Rafinare – Complexul Petromidia SA.

    Apr 6, 2004 - Rompetrol Rafinare SA delists from the RASDAQ Stock Exchange (stock symbol: PTRM; ISIN: ROPTRMACNOR5).

    Apr 7, 2004 – Rompetrol Rafinare SA lists on the Bucharest Stock Exchange with a subscribed capital of RON 17,463,507,667,000.

    December 2004 - The company is included in the BET selected index.

    Dec 28, 2004 - The company receives an ISO 9001:2000 Quality management systems certificate valid until Sept 25, 2006.

    Dec 29, 2004 - The company receives an ISO 14001:2000 Environmental management systems certificate valid until Oct 9, 2006.

    Mar 15, 2005 - Rompetrol Rafinare SA is included in the joint index ROTX of the Bucharest Stock Exchange and the Vienna Stock Exchange.

    Mar 25, 2005 – The company increases its subscribed capital to RON 2,109,927,600 from RON 1,746,350,766.

    Feb 15, 2010 - Dutch-based oil group Rompetrol Group acquires 15.7% in the company for RON 248.5 mln.

    July 21, 2011 - Romania’s Finance Ministry acquires 44.7% in the company, after the swap of debt for equity.

    Mar 19, 2014 - The Romanian government announces its plans to put up for sale in June 2014 a stake of 26% in Rompetrol Rafinare SA at a starting price of USD 200 mln.

    Last updated on June 20, 2019.

Management

Board of Directors
Liviu Mihai Mihalache
Member of the Board
Yedil Utekov
Member of the Board
Nicoleta-Viorica Soisun
Member of the Board
Alexey Golovin
Member of the Board
Saduokhas Meraliyev
Chairman of the Board
Executive Board
Mircea Stefan Stanescu
CFO
Yedil Utekov
CEO

Contacts

Address
215, Navodari Blvd.
905700
Navodari, Romania
Telephones

+40 241 506 000
+40 241 506 100

Fax

+40 241 506 930
+40 241 566 901
+40 241 506 901

Emails

office.rafinare@rompetrol.com

Websites
www.rompetrol.com www.rompetrol-rafinare.ro

Ownership

Name Direct holding Indirect holding Owner type Country
Other 7.19 Other Romania
State 44.7 State Romania
KMG International B.V. 48.11 Company Netherlands

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
Rompetrol Quality Control SRL 70.91 Romania
Rompetrol Logistics SRL 66.19 Romania
Rompetrol Petrochemicals SRL 100.0 Romania
Rom Oil SA 99.99 Romania
Rompetrol Downstream SRL 99.99 Romania

Products and services

Rompetrol Rafinare SA processes petroleum and produces:

  • Unleaded petrol:
    • COR 92
    • euro Standard unleaded
    • euro plus  unleaded
    • premium E plus
    • euro Super 98
    • premium E4
    • efix
    • refined
    • chemical refined
  • Petroleum:
    • A1 jet reactor petroleum
  • Other medium and heavy oils used as heating fuel:
    • heavy solvent
    • calor extra 1
    • slurry
    • calor economic 3
    • fuel oil
  • Diesels
    • diesel Euro 3
    • diesel  Super Euro 4
    • diesel Efix
  • Cyclic hydrocarbon :
    • petroleum benzene
  • Liquefied petroleum gas :
    • fraction C5-C6
    • LPG vehicle fuel
    • propane fuel
    • liquefied petroleum gas
    • propane-butane commercial 20-80
    • propane-butane commercial 30-70
    • household use LPG in gas containers
  • Petroleum coke
  • CC Propylene
  • Petroleum sulfur.

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