KMG INTERNATIONAL
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KMG International Changes Management Structure
KMG International has changed the group’s management structure, appointing Catalin Dumitru as Senior Vice President for operational activities and Alexey Golovin as Vice President for corpor...
Rompetrol Downstream Opened Two New Filling Stations In Orsova And Sibiu
KMG International, through its company Rompetrol Downstream, opened two new filling stations in Orsova and Sibiu cities and plans to expand the local network by 9 other new filling stations...
KazMunayGas Could Use International Arbitration To Defend Its Rights And Obtain Compensation
KazMunayGas will use all legal means to defend its rights and obtain compensation, including international arbitration, as it believes that Romanian authorities plan to seize and nationalize...
KMG International Unloaded Over 25 Mln Tons Of Crude Through Black Sea Marine Terminal
The volume of crude oil unloaded by KMG International through the offshore terminal out in the Black Sea, operated by Midia Marine Terminal (MMT) company, reached 25.5 million tons since 200...
KMG International To Use All Legal Mechanisms To Protect Rompetrol Investments
KMG and KMG International have not been officially informed, at the time of Rompetrol Group NV shares acquisition, of any investigation involving the company’s operations between 1998 and 20...
KMG International Posts Record Profit in 2015 Despite Oil Price Slump
KMG International, formerly Rompetrol Grup, the second largest oil group in Romania, on Wednesday reported a record net profit of $4.6 million for 2015, despite a sharp decline in internatio...
Fitch Places KMG International On Rating Watch Negative
Fitch Ratings has placed KMG International, former Rompetrol Group, on rating watch negative, following an agreement between KazMunayGas and China Energy Company which can lead to an ownersh...
KMG International Posted Net Profit Of $11.4M In January-September 2015
KMG International group (the former Rompetrol Grup) registered a net profit of $11.4 million in January-September 2015, from a loss of $30 million in the same period a year ago, despite lowe...
KMG International Borrows $360M From Four Banks
KMG International (former Rompetrol Group) has contracted a multi-currency facility worth $360 million from lenders BCR, UniCredit Tiriac Bank, Raiffeisen and ING Bank to fund current operat...