At KMG International, we are committed to managing our supply chain operations with the highest standards of proficiency, transparency, and integrity, targeting to have ethical and socially responsible suppliers for procurement of goods, services and activities.
We adhere strictly to our corporate policies and guidelines, ensuring full compliance with all relevant laws and regulations.
We constantly monitor our trading and supply chain activities that cover three major business areas:
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feedstock acquisition
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planning and production optimization of the three refineries of the group
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volumes allocation and logistics for all subsidiaries in Romania and in The Black Sea and Mediterranean regions
Rompetrol has developed an extensive, efficient and sustainable supply chain network which covers the purchase of feedstock, planning and production optimization, allocation of volumes and overall logistics for the Group’s subsidiaries.
We base our procurements on competitive bidding and the principles of transparency, non-discrimination and equal treatment of bidders. Rompetrol’s Procurement Department works continuously to make our operations sustainable, being aware of the importance of social justice and environmental protection.
In our ongoing commitment to sustainability, we acknowledge the essential role that our suppliers have in helping us maintain environmentally responsible and socially sustainable operations. Collaborating with suppliers who uphold sustainability helps us manage risks and enhances our business longevity.
We expect our suppliers to meet the same stringent standards of environmental care and social responsibility that we adhere to. We have defined a Supplier Code of Conduct that outlines expected principles, such as human rights, safe working conditions, environmental protection, and ethical behavior, which all suppliers must follow.
A core expectation for our suppliers is complete compliance with all relevant national and international regulations. We require our suppliers to promote fair employment and responsibly manage environmental issues.
Having such a complex and well-developed supply chain, managing and monitoring compliance with our standards in this area can become challenging.
As part of our supplier engagement, we focus on local procurement, with about 80% of our spending on local suppliers.