Rompetrol Rafinare posts profit in 2022, with net result of 90.3 million RON

Rompetrol Rafinare generated, last year, a gross turnover of over 6.5 billion US dollars, an increase of 42%, an operating profit (EBITDA) of approximately 464 million US dollars and a net profit of 90.3 million, compared to losses of 186.8 million US dollars in 2021.

According to a company release, Rompetrol Rafinare, a member of the KMG International Group, recorded, in 2022, an improvement in financial indicators, as a result of higher European refining margins compared to 2021, supported by an increasing production level.

In 2022, Rompetrol Rafinare made exports worth around 1.7 billion US dollars. The total quantities exported by the Petromidia, Vega and the Petrochemical Division of Rompetrol Rafinare refineries amounted to approximately 1.8 million tonnes.

Moreover, the company is an important contributor to Romania's state budget, paying over 425 million US dollars in the fourth quarter of last year, respectively 1.56 billion US dollars throughout the previous year.

At the end of 2022, the distribution network in Romania reached 1,257 sales points, including the network of own stations, partner stations and mobile stations: express, internal bases of 9 and 20 cubic meters.

The significant shareholders of Rompetrol Rafinare SA are KMG International (54.63% - directly and indirectly) and the Romanian State, through the Ministry of Energy (44.7%).

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