RAFO
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GRAMPET's Roserv Oil Acquires RAFO Onesti Industrial Platform
Roserv Oil, part of freight railway operator GRAMPET Group, has acquired the industrial platform of bankrupt oil refinery RAFO Onesti in a public tender coordinated by RAFO's liquidator CITR, the leading insolvency practice firm in Romania.
RAFO Onesti Shareholders Approve Asset Sale
Oil refinery RAFO Onesti will be dismantled and sold as scrap metal after its majority shareholder, controlled by a Russian businessman, voted in favor of the proposition in the general shar...
Oil Refinery RAFO Onesti To Be Sold As Scrap Metal
Vienna-based Petrochemical Holding, the majority shareholder of Romanian oil refinery RAFO Onesti (RAF.RO), has decided to dismantle the refinery, sell it for scrap metal and use the land as...
Rafo Seeks EUR330M Loan For Upgrades
Romanian oil refinery Rafo Onesti (RAF.RO) Friday reiterated a proposal to borrow EUR330 million from foreign creditors to upgrade installations.
Rafo Seeks EUR70M Loans For Upgrades
Romanian refinery Rafo Onesti (RAF.RO) seeks to borrow EUR60 million from external creditors and EUR10 million from its majority shareholder, Petrochemical Holding Austria, in an installatio...
Prospectiuni To Use Rafo Stake For Capital Hike At 3rd Firm
Romanian geological surveys provider Prospectiuni Bucuresti (PRSN.RO) Wednesday said it will use its stock in oil refinery Rafo Onesti to fuel a capital increase at the Micro Active Invest c...