OMV Petrom SA - Company Profile
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Business Description
OMV Petrom SA (OMV Petrom), a subsidiary of OMV AG, is an integrated oil and gas company that carries out upstream and downstream operations. It is also engaged in power generation and operates a gas-fired power plant.
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Business Segments
Overview
It comprises the exploration, production and development of crude oil and natural gas in Romania, Bulgaria and Georgia. In FY2024, the segment’s capital expenditure stood at RON4,459 million, which increased 73% YoY.
Performance
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Overview
Its operations comprise of gas and power businesses. It is a leading player in Romania and extends services to Hungary and Bulgaria. Power asset portfolio comprises Brazi gas-fired combined cycle power plant. Sells produced power on the platforms managed by OPCOM SA, and to final clients. In FY2024, the segment’s capital expenditure stood at RON1,034 million, which increased 1399% YoY.
Performance
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Overview
Processes and refines crude oil into gasoline, diesel and other petroleum products, and delivers it to retail and wholesale customers. Operates Petrobrazi refinery and has a retail network of filling stations in Romania, Moldova, Bulgaria and Serbia. Major brands: OMV and Petrom. In FY2024, the segment’s capital expenditure stood at RON1,573 million, which decreased 20% YoY.
Performance
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Overview
It includes management, financing activities and other service functions. In FY2024, the segment’s capital expenditure stood at RON104 million, which increased 7% YoY.
Performance
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Geographical Segments
Target Markets
Bulgaria and Serbia
Performance
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Performance
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Performance
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