Rompetrol (KMG International) and the Romanian Association for Investor Relations (ARIR) announced the launch of the first Non-Fungible Tokens (NFT) on the Romanian capital market in the form of digital art, to mark the fifth anniversary of the Association as a promoter of best practices in communication with investors. The company invites shareholders and investors to participate in the dedicated raffle until November 20 at, to win an ARIR Rompetrol NFT and participate in the GALA by ARIR on November 23, with the representatives of the listed companies. The Rompetrol Group owns two companies listed on the Bucharest Stock Exchange that are ARIR members – Rompetrol Rafinare SA (RRC) and Rompetrol Well Services SA (PTR).
Rompetrol Rafinare operates the two Group refineries - Petromidia in Navodari, alongside the only petrochemical division in the country, and Vega refinery in Ploiesti. RRC covers 44.6% of Romania's refining capacity, is the country's largest exporter of oil products and an important contributor to the state budget, with over USD 1.5 billion in taxes paid annually.
Rompetrol Well Services operates for over 70 years, offering specialized services for oil and natural gas wells. In recent years, the company has provided its services to more than 40 oil companies and drilling contractors in Romania, Eastern Europe, Kazakhstan, Iraq, Jordan, and Turkey.
The digital art NFT was created for Rompetrol by Adrian Alexandru Gheorge, who works under the name archaag in various mediums of expression. He has 8 years of experience in architecture and design in large-scale projects at national level and has been active in the field of digital art for over 2 years. The digital art he designed represents a gas station, 3D modeled from original components, which combines innovation and sustainability.
Daniela Serban, ARIR President and Co-founder
"We set out a unique celebration this year, on the occasion of ARIR's 5th anniversary. Thus, we welcomed Rompetrol's openness to adopt new technologies and use NFTs for an investor communication project. We believe that once listed, any company aims to grow, develop and innovate, using high transparency standards. We support the performance of listed companies through concrete projects dedicated to them, our members." The ARIR Rompetrol NFT is made in partnership with Webit Labs, a company operating in the blockchain field.
About the Romanian Association for Investor Relations (ARIR):
ARIR is the promoter of the Investor Relations (IR) concept in Romania and claims that by complying with transparency standards, corporate governance, and proactivity in communication with investors, our members will benefit from added value, attract financing more easily, have the reputation and trust necessary for the continuous development of their businesses. ARIR was founded in 2018 by listed companies, companies with potential to be listed, fund managers and IR professionals. 

Corporate Communication and Public Relations