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RAFO Onesti

RAFO refinery became insolvent again

RAFO Onesti, the third oil refinery by capacity in Romania, is back in insolvency on its own initiative, 5 years after when in 2011 made the exit from reorganization proceedings which lasted no less than seven years, due to previous entries…

385 RAFO Onesti employees on protest

The 385 Rafo Onesti refinery employees are staging a protest in front of the administrative offices, accusing the management of failing to file the documents for collective layoffs and for the company’s bankruptcy. According to trade…

RAFO Onesti to be reduced to scrap

Petrochemical Holding in Vienna, the majority stockholder of RAFO Onesti, one of the largest oil refineries in Romania and Eastern Europe, decided to reduce it to scrap, with the land being used as industrial platform for several technical…

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