Roserv Oil, part of GRAMPET Group, takes over the industrial platform of RAFO Onești refinery

Bucharest, July 27, 2020 – Roserv Oil, a company of GRAMPET Group, has reached an agreement with Casa de Insolvență Transilvania (CITR) to take over the industrial platform of the RAFO Onești refinery, with an aim to develop the largest logistics centre in Moldova.

Roserv Oil is a newly-established company that will focus on the development of logistics terminals at national level, for both containers and warehouses for petroleum products.

In this context, the company has decided to buy the assets of bankrupt RAFO Onești, with an aim to develop the largest logistics centre for containers and petroleum products that will serve the region of Moldova. This activity is complementary to GRAMPET Group’s core business, rail freight transport.

The first phase of the project will generate more than 200 jobs. The company will soon start a valuation process of existing facilities.

The company aims to attract partners among producers of raw materials, and to put into operation several such facilities available on the premises. In the long run, the platform could generate at least 600 jobs.

 

About GRAMPET Group

Established almost 20 years ago, GRAMPET is today the largest private rail freight and logistics operator in Romania and Southeast Europe. Its 16-company structure is strategically designed to span the entire chain of rail transport solutions and products, thus offering clients an integrated experience at the highest level of competence: freight railway transport, building, repairs and upgrading of rolling stock, spare parts production, lease of rolling stock, freight transhipment, logistic services, as well as innovative IT solutions for railway operators.

With a declared objective to connect the Atlantic Ocean through the North Sea, to the Pacific, through the South China Sea, GRAMPET Group is one of the main drivers for the development of transport corridors that connect Europe to Asia.

Its flagship company Grup Feroviar Român (GFR) is one of the main rail freight operators in Romania and Southeast Europe. Currently, over 20% of traffic is international, with GFR offering complex logistic solutions to rail sector customers.

GFR is a member of all representative international organizations and has cooperation agreements with both state railway operators (BDZ Cargo, UZ, CFM, PKP Cargo, ZK, RCH, HZ Cargo, ZBIH) and private railway operators from Bulgaria, Hungary, Slovakia, the Czech Republic, Poland, Austria, and Germany.

The Group’s companies Reva    Simeria, Electroputere VFU Pascani, Reloc Craiova, and Electroputere VFU Craiova account for an important share of the Romanian rolling stock repairing market

In parallel, the group has an intense research and development activity, aimed at developing technical solutions that provide clients with a transparent and real-time experience. In 2017, GFR launched the E-CLIENT GFR portal, a first for Romania and Southeast Europe, which facilitates the management of the traditional carrier – customer-company relationship, from posting of orders to service invoicing, while going through essential stages such as ordering empty wagons, drafting transport contracts, providing unhindered access to process information, intelligent alert systems for decision-makers, and automated reporting.