UNIVERSITATEA POLITEHNICA BUCUREȘTI

FACULTATEA DE CHIMIE APLICATĂ ȘI ȘTIINȚA MATERIALELOR

Popescu Elena Alexandra

Grupa 1112 A

2011

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CUPRINS

ABOUT ROMPETROM 3

1.IDENTIFY

2.ACTIVITY3.CREDO4.EVOLUTION

SOCIAL RESPONSABILITY POLICY 7

RAFINERY 9CONCLUSION

BIBLIOGRAPHY 10

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ABOUT ROMPETROM

1.IDENTIFY

A leader in the regional oil field, Rompetrol is a multinational company with activities in 12 countries and with a strong operational base in the Black Sea and Mediteranean Sea region. The number and the complex nature of the projects executed at a global level have turned Rompetrol over time into the best known international brand originating in Romania.

With a turnover of USD 5 billion in 2005, Rompetrol has evolved from a mid-sized regional company to be among the first 20 oil companies in Europe and the first global successful business originating in Romania.

Rompetrol is synonymous with the values of modern times, of success and independent spirit. The Rompetrol brand has been built with personality and vision, naturally reflecting the spirit of the people who started it all. Aside from oil industry products and services, Rompetrol stands for the essence of the innovative spirit and of the quest for perfection translated into the dedicated activity of more than 8000 employees.

The independence and passion for quality are the two fundamental values from which The Rompetrol Group initiated the development of a high-performance and globally competitive business.

2.ACTIVITYThrough its 40 subsidiaries, The Rompetrol Group is mainly active in the

refining and marketing fields, with implications in complementary projects in the exploration and production, distribution, industrial services, maintenance, project management, logistics, industrial ecology services and other related services in France, Romania, Spain and South-Eastern Europe. At the same time, we offer air transportation, tourism, or safety and protection services.

The rigorous harmonization with the European quality standards for technology, products and services led to our company’s success on the local and regional markets. The quality of Rompetrol’s offer is acknowledged and promoted as a benchmark and an impulse for development of the business environment and the society at large. This rings particularly true in our starting markets, such as Romania, where Rompetrol became the main representative of the local capitalism and a model for development.

As a true corporate citizen, Rompetrol has prepared and has been implementing a complex strategy of involvement in the evolution of community

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life, in the protection of the environment, and in supporting education and culture in Romania.

Rompetrol Group sees today’s achievements as a new starting point for its business development, fueling the determined global expansion that gives dynamism to the Group. Rompetrol is the formula for the independent success, supported by a strategy based on flexible ideas and actions meant to provide the ongoing development of the company, for the benefit of its investors, shareholders, employees and customers.

3.CREDOThe Rompetrol Group N.V. is a multinational oil company headquartered in

Amsterdam, The Netherlands, operating in 12 countries, and with the majority of its assets and operations based in France, Romania, Spain, and South-East Europe. The group is active primarily in refining, marketing and trading, with additional operations in exploration and production, and other oil industry services such as drilling, EPCM, and transportation. TRG aims to become one of the largest independent oil companies in Europe and obtain a strong position in the Black Sea and Mediterranean areas.

Since 2007, KazMunayGas is the major shareholder of TRG, after the state-owned oil and gas company of Kazakhstan acquired 75% of the share capital; the transaction was completed in 2009, after the acquisition of the remaining shares.

Rompetrol is a well-established oil company, a trustworthy worldwide partner, and a revered corporate citizen. The success and strength of our business lies first and foremost with our staff. Therefore, if our actions are dynamic, modern, creative and experienced, it is due to the employees who sustain our business, and who can be best described by those four words.MISSION

We create value by offering competitive fuel supply solutions to individuals and businesses, through cost efficient distribution channels, promoting innovation and acting responsibly on the way of delivering return on investments to our shareholders. VISION

We strive to be highly efficient, profitable and competitive marketing and sales organization in the oil and gas industry, within the markets of today and in the future. Through our integrated supply chain we aim to achieve the highest operational, safety and environmental standards. STRATEGIC DIRECTIONS:

Major contribution to the vertical integration of its Sole shareholder, provide access to EUROPEAN PETROLEUM MARKETS

Efficiently, Profitable and Quality competitive REFINERY of the Kazakh crude Integrated value chain TRADER of high petroleum and petrochemical

products

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Create competitive fuel supply solutions to Individual and Business through cost efficient RETAIL channels

Operate under highest SAFETY, ENVIRONMENT and CORPORATE SOCIAL RESPONSABILITY (CSR) standardsVALUES:

Our peopleCare, Integrity and Responsibility CourageApplied Creativity Determination

4.EVOLUTION1974 – Rompetrol is set up as the international service arm of the Romanian oil industry.1993 – Rompetrol is privatized through management and employee buyout (MEBO) and turnover drops below USD 6 million in the years following privatization.1998 – Dinu Patriciu and a group of local investors acquire the majority stake and increase the capital, thus managing a spectacular revenue rebound. 1999 – The business stabilization process is finalized during the year and the company makes the first steps towards its international expansion, setting-up its headquarters in the Netherlands. Between 1999 and 2000, Rompetrol speeds up its evolution from a decapitalized, modest oil-services company with a USD 5 million turnover, to the current powerful and integrated oil group, with an estimated turnover of around USD 6 billion in 2006. - Rompetrol Group’s expansion continues with the privatization of Vega Ploiesti refinery, considered to be its first major acquisition. Within nine months from take over, Vega refinery’s turnover triples. 2000 - Rompetrol takes over Petros – the sole oil well service provider from Romania at the time. Petros is renamed Rompetrol Well Services SA.2001 – The Group makes its main acquisition – Petromidia refinery, following the execution of the sale-purchase contract with Romania's State Ownership Fund. Rompetrol Group implemented a complex investment program for the upgrade of Petromidia and its transformation into the most advanced refining plant in Central and Eastern Europe. Petromidia changes its name into Rompetrol Rafinare SA. - Rompetrol signs the sale-purchase contract for Block 11 in Ecuador’s Oriente basin. - Rompetrol Group focuses on the restructuring and organic development of the existing capacities. During the last quarter of 2001, Rominserv becomes

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operational as the first Engineering – Constructions and Maintenance (EPCM) company in the Romanian oil and gas industry, created by Rompetrol’s equipment specialists.

The compliance of the Group’s activities with the European environmental standards in the field of RISC procedures (Risk-Investigation-Standardization-Certification) leads to the set up of Ecomaster, the first ecological services company in Romania, in October 2001.

The range of activities performed continues to diversify with the set-up of Rompetrol Logistics, a transportation company owned by Rompetrol Group, which, in less than three months, acquires the certifications necessary to offer services to customers outside the Group. 2002 - Petrochemical activities resume at the Petromidia plant under the umbrella of the newly created Rompetrol Petrochemicals, combining production and sales of its own products with an extended program of sales of third party products under the Rompetrol brand. - OMV Aktiengeselschaft Austria became the owner of 25.1 percent of Rompetrol Group shares. - Subsidiaries open in the Republic of Moldova (Rompetrol Moldova) and Bulgaria (Rompetrol Bulgaria).2003 - Rompetrol carries out a complex program to expand its retail fueling stations network in Romania. Rompetrol's strategy aimes at harmonizing the quality standards in the entire gas station network, providing full services at prices that are adapted for the Romanian consumers. In order to facilitate the network expansion and to facilitate distribution to other customers, Rompetrol creates a network of wholesale storage facilities in strategic Romanian locations (Arad, Craiova, Simleul-Silvaniei, Zarnesti, Suceava, Constanta, Bucuresti-Mogosoaia). Today these storage facilities feed a domestic network that includes more than 100 Rompetrol gas stations and 150 Rompetrol Partener stations. 2004 - Rompetrol Rafinare is listed on the Bucharest Stock Exchange. The operational profit of the refinery increases more than five times as compared to the previous year, to USD 86.4 million. Rompetrol Rafinare turns a net profit of USD 11 million, for the first time after 30 years of operation. - The Distributed Control System becomes operational, an automation project worth USD 33 million. - OMV divests due to Romanian competition regulatory requirements and the 25.1 percent stake returns to Rompetrol management. - The Rompetrol Group sets up the subsidiary Vector Energy AG, based in Switzerland, specialized in the trading of oil and oil products.2005 - The Rompetrol Group NV (“TRG”) based in the Netherlands, announces that it signed a contract for the purchase of the entire stake owned by Dyneff Group SA, the largest independent distributor of oil products in France, with operations in France and Spain.

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TRG starts operating in Albania and Georgia and opens a representative office in Moscow.2007 - KazMunayGaz acquires 75% of TRG. Due to this transaction, the Kazakh national company got access to two refineries (Petromidia, close to the Black Sea and Vega) and to an extensive retail network of gas distribution stations as well.2009 - KazMunayGaz acquires the rest of 25% of TRG.

SOCIAL RESPONSABILITY POLICYMission and Values. As a leading Corporate Citizen, we seek to act responsibly in all of our actions.

As a global company whose success has been built on innovation, passion through quality and individual leadership, we require high Corporate and Personal Responsibility standards wherever we operate – with the ultimate aim of improving our business and the quality of life of those we impact. We are committed to:

1. Sustainable, responsible development which extends through and beyond the life of our operations;

2. Operating ethically and responsibly with respect for the safety, health and welfare of our employees and partners in the community;

3. Best practices in corporate governance as it affects all of our communities of stakeholders, including our employees, local and regional communities, suppliers, investors and partners;

4. Investing time and energy in promoting the spirit of leadership through entrepreneurial and educational pursuits.

Our commitment to CSR provides a guiding framework for all our management decisions and we focus particularly on harnessing industry best practice by encouraging Company and Community participation in corporate citizenship projects focused on raising the standards in the areas of: Business success, Environment, Health and Safety, Community Responsibility, Youth Education and Leadership.Measures of Success. Our five measures of success reflect our core CSR values, and they are:1. A profitable, dynamic business;2. A clean environment;3. A safe and healthy workplace;4. Involved, entrepreneurial partners;5. Pro-active young leadership.

Guiding Principles. The spirit of The Rompetrol Group’s approach towards CSR is reflected in our corporate motto, “Energy for Life,” which is a call to

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ongoing, active involvement in projects that meet our CSR goals. Our CSR framework works under the aegis, “Impreuna pentru fiecare” (Together for each and every one). Rompetrol defines the following guiding principles of its CSR Policy:

1. Respect Employees: To respect employees and help enhance their life through development opportunities and employment practices grounded on equal opportunities and Occupational and Safety Best Practices

2. Ongoing Involvement: To involve at an appropriate level the authorities, community, and other concerned stakeholders in all decisions that affect them

3. Health and Safety: To ensure the health and safety of our employees, suppliers and the communities in which we operate

4. Risk management: To identify, assess, manage and mitigate risks to our host communities, employees, contractors, the environment and our business

5. Education and Leadership: To promote the spirit of leadership, especially among young people, through civic involvement and educational activities that encourages socially responsible pursuits and entrepreneurship

6. Respect local communities: To respect, protect and promote the human rights, culture, customs and values of the communities in which we operate

7. Best practice: To adhere to leading global Socially Responsible best practices. In particular, we are guided by the United Nations Global Compact’s ten principles in the areas of human rights, labour, the environment and anti-corruption. 2011 CSR Objectives of The Rompetrol Group are:

1. Community leadership and civic involvement activities;2. Improving the quality of life in the communities we impact or influence

through environmental, public health and educational projects;3. Youth education and promoting a pro-active, entrepreneurial spirit;4. Internal responsible behaviour of Rompetrol employees, encouraged by

launching an internal CSR program “Lucrurile mici care conteaza” (Small things that matter). The program focuses on the environment, health and education and includes, among others, paper recycling, blood donations and educational activities. Rompetrol Guidance for partnership projects in support of our CSR objectives In order to comply with the guiding principles, the following rules will be applied:

1. The Company will ensure its CSR through only focusing on activities pertaining to our measures of success, CSR guiding principles and 2010 CSR objectives.

2. All CSR projects will be undertaken in the spirit of transparency, fairness, and respect for human rights, labour and anti-corruption practices.

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3. All CSR projects require a pro-active input by all employees and are coordinated by the department of corporate affairs.

4. All CSR projects ar e reviewed, monitored and measured on an ongoing basis.5. The Company will seek, support and finance projects that promote the development of social capital and partnership among stakeholders, voluntary work and social entrepreneurship.

RAFINERYThe two refineries owned by The Rompetrol Group, Rompetrol Rafinare

(Petromidia, located in Navodari by the Black Sea) and Vega (Ploiesti) jointly cover 32% of Romania’s refining capacity.

Boasting a processing capacity of 4.8 million tons of feedstock per annum and an output of 3.3 million tons in 2005, Rompetrol Rafinare is the country’s most advanced refinery.

Petromidia Refinery is the only entity in the industry located by the Black Sea, thus enjoying a significant competitive edge thanks to its direct access to maritime and inland shipping routes.

Vega, having a processing capacity of 500,000 tons per annum, is a rather smallish but flexible refinery specializing in processing alternative feedstock and producing environmental-friendly solvents, bitumen intended for specific destinations, green heating fuels and further specialized products.

Romcalor is a member of The Rompetrol Group since January 2004. Its chief line of business is selling liquid fuels (Calor product range) on the Romanian market, in its capacity as distributor of SC Rompetrol SA Bucharest – Vega Refinery and SC Rompetrol Rafinare SA.

CONCLUSIONRompetrol is a well-established oil company, a trustworthy worldwide

partner, and a revered corporate citizen. The success and strength of our business lies first and foremost with our staff. Therefore, if our actions are dynamic, modern, creative and experienced, it is due to the employees who sustain our business, and who can be best described by those four words.

BIBLIOGRAPHY

http://www.hipo.ro/locuri-de-munca/vizualizareFirma/791/ROMPETROL9

http://www.yatedo.com/s/companyname%3A(%22Rompetrol%22)

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