OMV Petrom, the largest energy company in Southeastern Europe, installed photovoltaic panels in 33 OMV branded filling stations and in 7 Petrom-branded filling stations, so that they can be supplied with green energy and reduce the consumption of conventional energy. By installing photovoltaic panels, more than 10% of the electricity needs of the filling stations is supplied from solar energy. The investment in this project amounts to EUR 1.3 million.

Radu Căprău, member of OMV Petrom Executive Board responsible for Downstream Oil: “We are constantly interested in reducing our carbon footprint in all our business segments, including refining and distribution activities. This year we further pursued our environmentally-friendly initiatives including the setup of photovoltaic panels in filling stations. Our plan is to increase the number of filling stations equipped with photovoltaic panels to 78 by the end of the year.”

The photovoltaic panels produce more than 30,000 kWh of green energy per year in each filling station, which is the equivalent of an annual average consumption for 8 households per year.
Thanks to the energy produced by the photovoltaic panels, each filling station will contribute to the reduction of the carbon footprint by 8.3 tons of carbon dioxide emissions each year. The decrease of carbon emissions in the 40 filling stations is the equivalent of recycling more than 3 million plastic bottles.

Measures at the company level taken for a cleaner environment generated in 2019 a reduction by 22% of the carbon emissions compared to 2010. The target of OMV Petrom is to reach a 27% reduction by 2025.

In addition, OMV Petrom encourages a responsible behavior both as company as well as individual. OMV Petrom supports education projects for energy efficiency and has been running forestation programs for more than 10 years.

About OMV Petrom

OMV Petrom is the largest integrated oil and gas group in South-Eastern Europe, with an annual oil and gas production of approximately 65 mn boe in 2015. The Group has a refining capacity of 4.5 mn tons / year and operates an 860 MW high efficiency power plant and a 45 MW wind park. OMV Petrom is present on the oil products retail markets in Romania and neighboring countries through approximately 800 filling stations as of end of 2015.

OMV, one of Austria's largest listed industrial companies, holds a 51.01% share in OMV Petrom. The Romanian state, via the Ministry of Energy, Small and Medium Enterprises and Business Environment, holds 20.64% of OMV Petrom shares, Fondul Proprietatea (Restitution Funds) holds 18.99% and 9.36% is free float on the Bucharest Stock Exchange.

According to European Commission data, 90% of the European Union`s external trade in goods is maritime and over 400 million passengers transit trough the European ports, annually.