We aim at meeting the growing energy needs of the society in the most sustainable and efficient way, employing a competitive business model.
We envision KMG International to be among the top-performing energy companies in the countries of operations actively contributing to the development of the global energy industry, providing its clients with the highest quality products and services, and consistently adhering to practices of responsible business conduct.
The evolution of the pandemic at national and international levels combined with the measures adopted by local, central and European authorities determined an adaptation of the Group’s strategy, which comprised all key directions: operational, human resources, financial and investments.
The key goal of the Group is to protect its employees and their families, by developing flexible work schedules and work-from-home programs.
In the context where at national level this period is characterized by series of decisions about technical unemployment, reduced work schedules and collective redundancies, the KMG International Group emphases its efforts to maintain the existing jobs.
The long-term strategy of KMG International aims to achieve a leading position in the countries of operations in the Black sea region, as well as expansion to new markets across continental Europe, the Middle East and Africa.
In line with the above-mentioned goals, the company management is committed to a continuous improvement of all business processes, in order to achieve better financial and operational results, and provide its customers with a wide range of products and services of superior quality.
Over the last years, the company has developed an efficient logistic infrastructure and built a sustainable supply chain of crude from deposits in Kazakhstan based on long-term contracts, all this allowing to maximize benefits related to the location of the Petromidia refinery, one of the key assets of the Group, at the Black Sea coast.
In this area, management efforts focus on further developing available strategic advantages through supply chain costs optimization and engagement in full-fledged trading business by increasing the volumes of feedstock and oil products supply to third parties.
Increasing the volume of retail sales and developing the network of own and partner-controlled filling stations hold a central place in the Group development strategy as a key driver of overall business profitability.
The focus of the new concept of retail sales development shifted from product features promotion to the needs of our customers. The strategic approach in place, going under the name of “business around fuel”, consists of developing a diversified range of related high-quality services, which are made available to the consumer together with fuel products.
The implementation of a transformation program aims to increase the efficiency of the governance model through adaptation of best practices and introduction of the new corporate culture.
The development path of this area consists of streamlining and simplifying decision-making procedures with a wide delegation of authority to lower levels of management, introducing an efficient risk management system, and increasing the level of engagement of personnel seen as the most important long-term asset of the Group of companies.
Rompetrol owns two out of four refineries in Romania, the excellence centers Petromidia refinery (Navodari city) and Vega refinery (Ploiesti city) as well as the Petrochemicals division, the sole producer of polymers in Romania.
