SOCAR Petroleum, a subsidiary of SOCAR (The State Oil Company of Azerbaijan Republic), has so far invested RON400 million in Romania, in a filling station network that has reached 87 units.
Japanese group Sumitomo, which owns Alcedo in Romania, one of the largest farming input wholesalers, and Naturevo, also a farming input wholesaler, has appointed Romanian Marcel Sîrghiac to the position of President of the Group, effective November 2025.