Oil and gas producer company Petrom will invest €200m in the Petrobrazi refinery by 2014, in order to increase the diesel output, said the company in a note sent to the Bucharest Stock Exchange.
Until now, €400m it has already invested here for modernization works.
Neil Anthony Morgan, executive board member at Petrom, responsible for Refining and Marketing said that this project involved 4,500 people from more than 100 companies that performed around 60 projects to commission the Petrobrazi unit on time.
In 2009, the turnover of the company was €3,029m and EBITDA was €696m.
