Latest Updates

March  2024

 

KMG Rompetrol Development is implementing an e-Mobility project co-financed by the European Union, consisting of 11 charging stations (300 kW each with two 150 kW charging points) and the upgrading of the grid connection for 11 stations (with a capacity of 600 kVA each) in CNAIR1 locations.

 

February  2024

 

Other two new service centers with Rompetrol gas stations recently opened on A1 highway (Orăştie – Sibiu section) by Rompetrol Downstream – the retail division of KMG International Group in Romania, as a part of the package of 12 integrated centers amounting above 40 mln. USD with financing provided by the Kazakh Romanian Energy Investment Fund.

 

July  2023

 

Rompetrol Downstream - the retail division of the KMG International Group in Romania, recently opened two new integrated service centers on the A1 Highway (Nadlac - Sibiu section), near the town of Recas in Timis County (km 481+646 left and right) which are part of a package of 12 gas stations financed by the Kazakh-Romanian Energy Investment Fund.

 

March  2023

 

The Kazakh-Romanian Energy Investment Fund (KREIF) and Rompetrol Downstream - the retail structural subdivision of the KMG International Group in Romania, opened the first 4 integrated service centers on the A1 highway (Nadlac – Sibiu section), near the town of Pecica (km 558+380, left and right) and town of Orastie (KM 340+500, left and right) being a part of a 12 service centers package that KREIF will open on the A1 highway, with a total investment estimated at over 40 million dollars .

 

November  2022

 

Rompetrol Energy, part of the Kazakh-Romanian Energy Investment Fund, announces the successful delivery of the two Siemens gas turbines, which are to be mounted and prepared for integration into the new cogeneration plant .

 

July  2022

 

The Kazakh-Romanian Energy Investment Fund contracted a financing from OTP Bank Romania, in the amount of 119 mln. lei (about 24.75 mln. USD) for the retail program speedup - development of new fuel distribution stations.

 

May  2022

 

The Kazakh-Romanian Energy Investment Fund has successfully contracted a EUR 83m syndicated loan for financing the construction of a new cogeneration plant on the Petromidia Refinery platform.

 

August  2021

 

KMG International Group (Rompetrol) recently opened 10 new gas stations in several regions of Romania. Two of them were opened under the Kazakh-Romanian Energy Investment Fund.

 

May 2021

 

The Kazakh-Romanian Energy Investment Fund initiates the construction of the new cogeneration plant at Petromidia.

 

December 2020

 

The Kazakh-Romanian Energy Investment Fund reached 10 new stations opened this year.

 

August 2020

 

Contract signed for the construction of the Cogeneration plant on the Petromidia platform

4 new filling stations are now operational: Clinceni, Oradea, Curtea de Arges, and Calimanesti

 

June 2020

 

One more fuel station opened in Gheorgheni, Harghita County

 

May 2020

 

Kazakh-Romanian Energy Investment Fund opened a new concept station in Bucharest – Rompetrol Sisesti

 

March 2020

 

Two new projects, approved by the Kazakh-Romanian Energy Investment Fund

 

December 2019

 

The Kazakh Romanian Energy Investment Fund opened two new fuel stations in Timis county and Targu Mures

 

July 2019

 

The Kazakh Romanian Energy Investment Fund acquires 2 gas stations

 

June 2019

 

KMG International injects 104.9 mRON into the Kazakh Romanian Energy Investment Fund

The Kazakh Romanian Energy Investment Fund acquires 16 gas stations

The construction of the new gas stations planned to be opened this year is currently on-going

The tender book for the Cogeneration plant is finalized

The Kazakh-Romanian Fund is running the tender for EPC contractor