Rompetrol Rafinare, company member of KMG International, operates the Petromidia Navodari, including Petrochemicals Division, and Vega Ploiesti refineries. The company processes a variety of crude oils with high sulfur and API contents. The crude oil feeding is done through the Midia own port, which can harbor ships of up to DWT 24,000 tons or through the larger Constanta port, to which it is connected through a 40 kilometer pipe. The refinery has its own marshaling yard, with 40 loading and unloading points and vehicle loading ramps. In March, 2004 company is listed on the Bucharest Stock Exchange. It is the only refinery in Romania that produces fuel for aviation engines, Jet A1. Technical facilities include a petrochemical plant designed to produce ethylene and other related products. Petromidia is the only refinery in Romania situated on the shore of the Black Sea, after investments reaching a processing capacity of 5 million tones/year and with Nelson Complexity Index 10.5. The refinery has a competitive advantage due to instant access to sea and river transport routes.
Basic Information
Key Executives
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Director
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Director
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Administrator
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Administrator
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Administrator
Ownership Details
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48.1136%
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44.6959%
Subsidiaries
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
14.72%▲
Total operating revenue
13.38%▲
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Operating Profit Margin (ROS)
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-71.36%▼