Dinu Patriciu is making another "Rompetrol"

Company. The president of Rompetrol, Dinu Patriciu, could found, in August, another company with activities in the oil section and will buy from Rompetrol the air transport company Eurojet and the non banking financial institution IFN FinGroup Credit, said sources inside the oil group, quoted by Mediafax.

"In the new company will hold managers from Rompetrol", said the sources. Dinu Patriciu couldn't be contacted for statements. KazMunaiGaz, the actual majority shareholder of Rompetrol, and a team led by Dinu Patriciu and Titus Buzescu, the vice president for operational efficiency, initiated an ample process of reorganization, which will affect a few hundreds employees.

The first wave of departures from Rompetrol numbered over 500 employees, and by the end of the year the number of workers which will leave the company will increase with another several hundreds. Yesterday, the company's officials announced new price raises, with 0.03 lei per liter for the commercialized fuels.