REG - OMV Petrom S.A. - Partnership OMV Petrom and Auchan Retail Romania

OMV Petrom SAAnnouncement

27/08/2020 08:00

RNS Number : 3110X
  
OMV Petrom S.A.
  
27 August 2020
  
 

OMV Petrom S.A.
Investor News
August 27, 2020
 
Partnership OMV Petrom and Auchan Retail România: 400 MyAuchan stores in the entire Petrom network, in the next five years 
 
►  Up to 2,500 food and non-food products to be available in MyAuchan proximity stores in Petrom filling stations 
►  The partnership marks the Petrom brand entrance into a new development stage, to be reflected by rebranding the filling stations 
►  Thus, Auchan brand reaches more than 250 locations 
 
OMV Petrom, the largest energy company in Southeastern Europe, and Auchan Retail România, the subsidiary in Romania of Auchan Retail, one of the largest global groups in food retail, announce the agreement to extend their partnership for opening MyAuchan proximity stores in Petrom filling stations. The partnership brings together two of the brands renowned on the Romanian market for the advantageous quality-price ratio.  
The existing shop area in the filling station will be refurbished and will offer customers the option for MyAuchan proximity shopping. The refurbishment of the shops is planned to be performed during the next years.
Depending on the area of the station, up to 2,500 products of a wide variety will be available on-shelf: from food products, including fresh produce, fruit and vegetables, to non-food products such as cosmetics, detergents, baby products and car accessories, at MyAuchan prices that are clearly advantageous within the retail activities specific to filling stations.
Petrom filling stations will enter a far-reaching modernization process which will include, besides the setting up of MyAuchan stores, the replacement of brand identity elements, as well as works in the outdoor area of the pumps and related services (car wash, LPG fueling).
In addition, there will be five pilot filling stations where fast lanes will be set up - fueling pumps that allow direct payment, by card or mobile phone.
Radu Căprău, member of OMV Petrom Executive Board, responsible for Downstream Oil: "Extending the partnership with Auchan Retail România to the entire Petrom filling stations network is an important step, but also a milestone in our strategy to improve our customers' experience. With only one stop, our customers will be able to shop for their groceries while fueling their cars, thus saving time. This is a unique and innovative approach on the Romanian market and meets the expectations of the modern consumers and of the young generation, whose daily schedules are dynamic and alert. We continue in this way the successful story and we consolidate our position for the best quality-price ratio in the Romanian fuel retail". 
Ionuț Ardeleanu, general manager Auchan Retail România: "We are glad that, together with our partner OMV Petrom, we reached the point when we start living a great dream, a real business challenge, but also an innovation for the retail market: to be the first ones to bring in Romania the know-how, variety and prices of a specialist in food retail in the filling stations of the largest fuel retailer in Romania. After the tests made in the last three years since the start of the pilot-project, we managed to set up a MyAuchan store model to meet in the best way the needs of motorized customers, but also of those living in the vicinity because our concept is that of a proximity store, with food and non-food products and a unique shopping experience. We will re-design the shops of Petrom filling stations over several years in order to provide our customers with a shopping experience under MyAuchan brand, and, gradually, we will add more digital trade services, in addition to the ones already offered by Petrom."
The cooperation between OMV Petrom and Auchan Retail România, a new concept for the Romanian market, started in 2017 with a pilot phase when MyAuchan proximity stores were opened in Petrom filling stations, in both urban and rural areas in Romania. During this phase, the purpose was to test the business model and to assess the potential of this collaboration.
In February 2019, OMV Petrom and Auchan Retail România signed a Memorandum of Understanding in order to analyze the extension of the collaboration into a long-term partnership. The Memorandum was approved by the Competition Council in July last year. 
At the end of 2019, OMV Petrom and Auchan Retail România had 17 MyAuchan proximity stores opened in Petrom filling stations. 
 
About OMV Petrom
OMV Petrom is the largest energy company in South-Eastern Europe, with an annual Group hydrocarbon production of 55.4 million boe in 2019. 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 802 filling stations, at the end of June 2020, under two brands - OMV and Petrom.
OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51.011% stake in OMV Petrom. The Romanian State, through the Ministry of Economy, Energy and Business Environment, holds 20.639% of OMV Petrom shares, Fondul Proprietatea holds 9.998%, and 18.352% 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 contributions of 30.4 billion euro in taxes and dividends paid between 2005 and 2019. 
Since 2007, OMV Petrom has included corporate responsibility principles into its business strategy. Between 2007-2019, the company has allocated approximately 66 million euro to develop communities in Romania, focusing on environmental protection, education, health and local development.
About Auchan Retail România
Auchan România has a portfolio of 33 hypermarkets Auchan, 5 supermarkets Auchan and a network of 26 MyAuchan proximity stores. With over 280,000 m2 of net shopping area, approximately 10,000 employees, a turnover of over 1.2 billion euros, Auchan offers to the 5 million inhabitants of the cities where its stores are located a modern and qualitative trade, with the widest range of products and a responsible discount concept, with all prices always low. On www.auchan.ro, Auchan presents to its customers over 25,000 products. Also, Auchan România performs a series of important actions to promote the social responsibility and integration of youth, as well as programs to protect the environment in view of waste management, resource saving etc. Among the largest responsibility actions of our company is the campaign Mobilizatron, which led to the planting of 100,000 trees in Romania, the making of the film România Neîmblânzită, the first documentary of Romania's nature, as well as the campaign for collecting used oil in the Auchan hypermarkets.
 
Contact:
OMV Petrom Investor Relations
Tel: +40 372 161930, Fax: +40 372 868518
E-mail: investor.relations.petrom@petrom.com

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