OMV Petrom
OMV Petrom is the largest integrated energy producer in Southeast Europe, with an annual oil and gas production at group level of approximately 41 million bep in 2023. The Group has a refining capacity of 4.5 million tonnes annually and operates an 860 MW high-efficiency natural gas power plant. On the retail petroleum products distribution market, the Group is present in Romania and neighboring countries through approximately 780 gas stations, under two brands – OMV and Petrom.
OMV Petrom is a company in which, at the end of 2023, Romanian shareholders hold over 43% of the shares (of which the Romanian state, through the Ministry of Energy, holds 20.7%, and 22.5% are owned by pension funds in Romania, plus almost 500,000 individual investors and other Romanian entities). OMV Aktiengesellschaft, one of Austria's largest listed industrial companies, holds 51.2% of OMV Petrom shares, and the remaining 5.6% are held by other foreign investors. Of OMV Petrom's total shares, 28.1% are freely traded on the Bucharest Stock Exchange.
OMV Petrom is one of the largest contributors to the state budget, with about EUR 42 billion in taxes, taxes and dividends paid between 2005 and 2023. During the same period, the company invested approximately 18 billion euros.
Since 2007, OMV Petrom has integrated the principles of corporate responsibility into its business strategy. Between 2007 and 2023, the company allocated about EUR 160 million for the development of communities in Romania, focusing on environmental protection, education, health and local development.
On July 29, 2020, OMV Petrom announced its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD), the Task Force on Climate-related Financial Disclosures on Climate-related Risks and Opportunities. OMV Petrom reports annually on the progress made in implementing these recommendations.