Rompetrol Rafinare achieved higher profit in the first quarter – Romania, 16 May 2016

Romanian oil company Rompetrol Rafinare, a part of Kazakh KMG International, recorded consolidated net profit of 14.8 million euros in the first quarter of 2016. In comparison, the company recorded loss of 41.7 million dollars in the same period just two years ago.
The company’s operating result totaled 91 million dollars, which is 45 % higher that in the first quarter last year. The company has two refineries and the petrochemical division, which all processed 4.25 million tons of raw material in the first three months of 2016, 11 % more than in the same period in 2015.

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