Browsing Tag

KMG International

Romania: KMG extends USD 360 mln loan facility

KMG International Group (KMGI), the owner of Romania’s largest oil refinery – Petromidia, has amended and extended its USD 360 million multicurrency revolving credit facility from a syndicate of four local banks. The amended maturity of…

Romania: KMG International sees record results in 2017

Oil group KMG International, which operates the biggest oil refinery in Romania, reached record results in 2017. The group’s operational result (EBITDA) went up by 20% compared to 2016, to USD 242 million. The net profit also increased…

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