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 six fold compared to 2016, to USD 80 million. The group’s gross turnover reached over USD 9.5 billion, up by 36% versus 2016. The improved operational and financial results also helped ...

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