May 27, 2009
- The first filling stations built on the Sun Highway
- The two filling stations will operate under Petrom brand
- The investments for the construction of the two filling stations amounted to EUR 2.6 mn
- On the Sun Highway four filling stations will function under Petrom brand and two filling stations under OMV brand
Petrom Group opens the first filling stations on the Sun Highway and will build another four filling stations by the end of the year. Out of the total of six filling stations, two will function under the OMV brand and four under the Petrom brand.
Mariana Gheorghe, Petrom CEO: „Petrom and OMV are two strong brands, appreciated both on the Romanian market as well as at regional level. Petrom S.A. has the largest filing stations network in Romania and in the last years we invested over 200 million Euros to supply the market with better products and services. Petrom Group has a consolidated position on this market also due to the 77 OMV filling stations that operate at the highest standards. I am glad we can offer our customers the possibility to benefit from Petrom and OMV products and services on the Sun Highway as well.”
Following the tender organized by the National Roads and Highways Company (CNADR), Petrom S.A, and OMV Romania Mineraloel SRL won the right to construct a total of six filling stations on the Sun Highway.
The two Petrom filling stations opened offer both fuel supply services and complementary services that include shops and restaurants. The stations were constructed in record time of 15 weeks (also the mobile stations) from the moment the authorizations were obtained and the investment amounted to EUR 2.6 mn.
The construction of the other four filling stations will be finalized in around 6 months from the moment the construction authorizations are obtained.
At the present time, besides the two Petrom filling stations, two OMV mobile stations and two Petrom mobile stations are operating on the Sun Highway.
Currently, Petrom Group operates 826 Petrom and OMV filling stations, out of which 557 in Romania and 269 abroad: 113 in the Republic of Moldova, 97in Bulgaria and 59 in Serbia.
Petrom is the largest Romanian oil and gas group, with activities in the business segments of Exploration and Production, Refining and Marketing as well as Gas and Power. Petrom exploits estimated proved oil and gas reserves of 0.9 bn boe, has an annual refining capacity of 8 mn t and holds around 550 filling stations in Romania. The company also has an international network of 257 filling stations located in Moldova, Bulgaria and Serbia. In 2008 the turnover of Petrom was EUR 4,552 mn, EBITDA was EUR 969 mn. OMV, the leading energy group in the European growth belt holds a 51.01% share in Petrom. OMV is active in 13 Central European countries in its Refining and Marketing business segment and in 19 countries on four continents in Exploration and Production. Ministry of Economy holds 20.64% of Petrom shares, Property Fund SA holds 20.11%, the European Bank for Reconstruction and Development 2.03% and 6.21% are owned by minority shareholders.