Rompetrol Group N.V.

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The Rompetrol Group N.V.
Type Public
Founded 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 image:green up.png &USD;5.65 billion (2005)
Website http://www.Rompetrol.com

The Rompetrol Group N.V. is a Romania oil company that operates in several countries of Europe, present in top 25 energy companies in 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. 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. with 110 milion USD, taking control over its oil refining infrastructure as well as its network of petrol stations in France.

The President and CEO of the Rompetrol group is Dinu Patriciu, and the Charman is Philip Stephenson.

The Rompetrol Group N.V. is hold 100% by Rompetrol Holding S.A.

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