OMV Petrom supports humanitarian actions for refugees from Ukraine
- Cooperation with the Foundation for Civil Society Development (FDSC) and the Foundation for SMURD
- Support covers transport for refugees arriving in Romania, emergency medical care and clothing
OMV Petrom joins the efforts of the civil society and authorities in Romania to support refugees from Ukraine.
The company supports the activity of FDSC and SMURD with approximately 500,000 lei.
Through FDSC, OMV Petrom supports activities carried out by around 15 non-governmental organizations directly involved in providing humanitarian aid at Romania’s borders with Ukraine. The financing of OMV Petrom will cover transportation costs and emergency medical care for Ukrainian refugees.
Through the Foundation for SMURD, OMV Petrom supports the emergency acquisition of cold weather items for refugees.
Even since the beginning of the crisis, the employees in the filling stations at the borders with Ukraine have been involved in helping refugees by providing basic necessities: food, water, hot tea, blankets and toiletries.
The company will continue to support NGOs that helps Ukrainian refugees, based on the identified needs.
About OMV Petrom
OMV Petrom is the largest integrated energy company in South-Eastern Europe, with an annual Group hydrocarbon production of approximately 47 million boe in 2021. The Group has a refining capacity of 4.5 million tons annually and operates an 860 MW high-efficiency power plant. The Group is present on the oil products retail market in Romania and neighboring countries through more than 780 filling stations under two brands – OMV and Petrom.
OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51% stake in OMV Petrom. The Romanian State, through the Ministry of Energy, holds 20.6% of OMV Petrom shares, and 28.4% is the free float on the Bucharest Stock Exchange and the London Stock Exchange.
OMV Petrom is the largest contributor to the state budget, with approximately 35 billion euro in taxes and dividends paid between 2005 and 2021. During the same period, the company invested approximately 17 billion euro.
Since 2007, OMV Petrom has included corporate responsibility principles into its business strategy. Between 2007 and 2021, the company has allocated over 80 million euro to develop communities in Romania, focusing on environmental protection, education, health, and local development.
On July 29th, 2020, OMV Petrom announced its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD) regarding risks and opportunities on climate change.