Tag: RAFO Onesti

Local railway company purchased defunct RAFO oil refinery – Romania, 28 July 2020

Romanian railway transport company Grampet purchased the bankrupt refinery RAFO Onesti for some 6 million dollars plus VAT. The company plans to turn the refinery into a logistics center for containers and oil products. RAFO Onesti went bankrupt last September after it had not operated since 200 Full article available for subscribers of Energy NEWS […]

RAFO refinery is seeking investors – Romania, 26 November 2019

The Romania’s third largest refinery RAFO Onesti, which is out of operation for quite some time, is now actively seeking investors. According to CITR, appointed insolvency liquidator of the refinery, RAFO needs investors with vision, to help the asset regain its strategic role on the petrochemica Full article available for subscribers of Energy NEWS service […]

RAFO Onesti refinery goes bankrupt – Romania, 20 September 2019

The company that operates the Rafo Onesti refinery, one of the biggest in Romania, will be liquidated after the Bacau Court ruled its bankruptcy. The bankruptcy came after repeated attempts to sell the refinery failed. The company’s latest judicial reorganization plan expired on 22 August. CITR, Full article available for subscribers of Energy NEWS service […]