www.gandul.ro/economie/actiuni-rompetrol-rafinare-

The Romanian state’s 44.7% stake in Rompetrol Rafinare, acquired in 2010, is now valued at approximately 14 billion lei due to a significant increase in refining margins. The shares have surged by 1,500% since early 2026, driven by market conditions. Dinu Patriciu, who previously acquired the company, argued that the state benefited from converting debts into bonds, a claim that appears validated years later. The stake's current value is 16 times higher than its initial worth, significantly exceeding the original debt amount. Despite this, when considering inflation and interest, the perceived gains for the state may not be as substantial as they seem.