REG - OMV Petrom S.A. - Partnership with Enel X for fast charging stations

OMV Petrom SAAnnouncement

09/09/2020 07:00

RNS Number : 4478Y
  
OMV Petrom S.A.
  
09 September 2020
  
 

                             
 
 
 
 
OMV Petrom S.A.
Investor News
September 9, 2020
 
 
OMV Petrom together with Enel X to install 10 fast recharging stations for electric cars in filling stations in Romania  
 
►        Each recharging station will have an available power of minimum 50kW 
►        Charging cycle for 80% of car battery to take up to approximately 25 minutes

 
OMV Petrom, the largest energy company in Southeastern Europe, and Enel X România, member of Enel X, the division of advanced energy services of Enel Group, will install 10 fast recharging stations for electric cars, in OMV and Petrom filling stations, during the next months.
The fast recharging stations will be installed in OMV and Petrom filling stations covering a distance of approximately 380 kilometers on the main roads in Romania, connecting cities from the east, center and west of the country. In this way, OMV Petrom and Enel X continue their plans to develop the recharging stations network in Romania, thus encouraging the customers' road mobility by electric cars.
All recharging stations for electric cars installed within the partnership will have an available power of minimum 50kW, and a recharging cycle for 80% of a car battery capacity will be done in approximately 25 minutes. 
"We believe that the answer to our customers' mobility needs is a mix of fuels and alternative solutions. Through this partnership, we contribute to the development of the national recharging infrastructure to enable the transit of electric cars in Romania. We estimate that, by the end of 2021, over 40 recharging stations for electric cars will be installed in our regional network", said Radu Căprău, member of OMV Petrom Executive Board, responsible for Downstream Oil. 
"Through our e-mobility programs we aim to enable electric transportation anywhere in the country, in a sustainable way. This is why we are happy that, through this partnership, we offer to electric cars users in Romania, more flexibility for their mobility needs, while contributing to the development of the recharging infrastructure, at country level", said Marius Chiriac, CEO Enel X România.
OMV Petrom is active on the fuel distribution market in Romania, Moldova, Bulgaria and Serbia, operating a network of 802 filling stations under OMV and Petrom brands. 
In the first half of this year, the share of electric and hybrid cars in the total local car market was 3%, according to the statistics of the Driving License and Vehicle Registration Department. 
 
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.
On July 29, 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.
 
About Enel X
Enel X is Enel's global business line dedicated to the development of innovative products and digital solutions in sectors where energy is showing the greatest potential for transformation: cities, homes, industries and electric mobility. The company is a global leader in the advanced energy solution sector, managing services such as demand response for over 6 GW of total capacity at global level and 110 MW of storage capacity installed worldwide, as well as a leading player in the electric mobility sector, with around 130,000 public and private EV charging stations made available around the globe.
Enel Romania is a leading private investor in energy, with operations in power distribution and supply as well as renewable energy production, active on the local market since 2005. The company has 3,100 employees and around 3 million business and household end users in the country. The E-Distributie companies operate a network of around 128,000 kilometres in three key areas of the country: Muntenia Sud (including Bucharest), Banat and Dobrogea, accounting for one third of Romania's electricity distribution market, and are developing an investment program aimed at securing a proper service for customers, improving the quality and security of the network while also complying with Enel's environmental standards. Enel Energie and Enel Energie Muntenia are leading suppliers of energy in the country, and their offer includes electricity and natural gas, as well as value-added services (assistance, lighting and others). 
 
Contact:
OMV Petrom Investor Relations
Tel: +40 372 161930, Fax: +40 372 868518
E-mail: investor.relations.petrom@petrom.com   
 
                                                                   

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