SOFIA (Bulgaria), October 28 (SeeNews) - Fuel trader Rompetrol Bulgaria, part of KMG International Group, has officially opened its 55th fuel station in the country, in the city of Dupnitsa, some 70 kilometres south of Sofia, the company's parent said on Monday.
"Thus, Rompetrol Bulgaria has created 9 jobs and is still committed to community development, through jobs generated and taxes paid. The new station is considered a step forward for the comprehensive development programme of Rompetrol Bulgaria," KMGI said in a press release.
The new station is fully integrated into the Rompetrol concept, with modern facilities and services, using exclusively high-quality fuels obtained at Romania's Petromidia Navodari - one of the largest and most modern oil refineries in the Black Sea region, KMGI added.
Rompetrol is the main brand of KMG International, whose sole shareholder is Kazakhstan's national oil and gas company KazMunayGas.
Increasing the number of fuel stations is in line with the implementation of Rompetrol Bulgaria's full-scale development plan for 2019, Ivaylo Trendafilov, director general of Rompetrol Bulgaria said, adding that the plan also includes progressive rebranding in order to provide a new level of customer experience.
Rompetrol Bulgaria intends to finish a complete rebranding of its network in 2020, in parallel with the increase in the number of fuel stations, KMGI said.
In July, Rompetrol Bulgaria said that its net loss widened to 2.2 million levs ($1.2 million/1.1 million euro) in 2018 from 872,000 levs the year before, following a slight decrease in revenue.
Last year, Bulgaria's competition regulator allowed Rompetrol Bulgaria to lease five filling stations from local peer Synergon Petroleum.
Elsewhere in Southeast Europe, KMG International Group operates in Romania and Moldova.
(1 euro = 1.95583 levs)