03.19.2024

OMV Petrom (SNP.RO), the largest oil company in Romania, has budgeted RON5.2 billion net profit for 2023, an increase of 31% on the 2023 figure, while sales should increase by 1% to RON33.3 billion. more

03.16.2024

The proposal of OMV Petrom's Executive Board for the distribution of dividends in the amount of RON2.5 billion for the financial year 2023, namely a gross dividend of RON0.0413/share, was approved by more

03.04.2024

OMV Petrom continues for the third consecutive year the partnership with the Medcorp Association and supports the implementation of the “Health in the Neighborhood” program with a budget of 8 more

02.26.2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, on Monday (Feb 26) announced the signing of two financing contracts through the National Recovery And Resilience Plan (NRRP) more

02.16.2024

The mandatory private pension funds in Romania (Pillar II) in 2023 increased by nearly 3% their ownership stake in OMV Petrom (SNP.RO), the sole oil and gas producer in Romania and the largest more

02.13.2024

OMV Petrom has for 2024 earmarked a budget of around EUR300 million for acquisitions, with the funds covering both deals signed in 2023 and set to be completed this year, as well as new takeovers, more

02.12.2024

Niculae Havrilet has notified OMV Petrom with a waiver of his mandate as a member of the company's Supervisory Board, starting February 12, 2024, Petrom announced in a stock market report on Monday more

02.07.2024

Romania's Competition Council is assessing the transaction through which OMV Petrom, the sole oil and gas producer in Romania and the largest integrated energy company in Southeast Europe, intends to more

02.01.2024

OMV Petrom for 2023 reported sales revenues worth RON38.8 billion, 37% lower than in 2022, on falling commodity prices and sales volumes of electricity, only partially offset by rising sales of more

01.12.2024

Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) in a stock market report on Friday (January 12, 2024) announced the conclusion of an agreement worth RON105.97 million with OMV Petrom more

01.08.2024

Law firm Tuca Zbarcea & Asociatii assisted OMV Petrom (SNP.RO) in the two of the most important “green” deals ever conducted in Romania, the acquisition of 50% in the largest wind farm project more

01.04.2024

Law firm Schoenherr si Asociatii SCA has advised Renovatio, an infrastructure asset owner, in a benchmark transaction with OMV Petrom, the largest integrated energy company in Southeast Europe, more

01.03.2024

OMV Petrom, the largest integrated energy company in Southeast Europe, has announced it will acquire from RNV Infrastructure a 50% stake in Electrocentrale Borzesti, which holds approximately 1 GW more

12.12.2023

OMV Petrom, the largest integrated energy company in Southeastern Europe, has continued to make significant progress in implementing Neptun Deep project. more

12.07.2023

RenewAcad, the Professional Training and Counseling Academy for Renewable Energy Sources, and OMV Petrom, the largest energy company in Southeast Europe, have joined forces to establish a training more

11.29.2023

OMV Petrom, the largest integrated energy company in Southeastern Europe, has announced in a stock market report on Nov 29 that it has entered into a partnership with Vulcangas Romania for opening more

11.23.2023

OMV Petrom, the largest integrated energy company in Southeastern Europe, has signed an agreement to purchase 50% of the shares of the Romanian company "Respira Verde SRL," a local leader in the more

10.31.2023

OMV Petrom, Romania’s largest hydrocarbon producer, reported RON1.6 billion net profit in the third quarter of 2023, down from RON4.5 billion in the same period of 2022 amid falling oil prices and more

10.30.2023

OMV Petrom and Auchan Retail Romania have completed the nationwide installation of almost 400 MyAuchan proximity stores in all Petrom stations. more

10.26.2023

OMV Petrom, Romania’s largest oil and gas company, on October 26, 2023, completed the process of delisting GDRs from the London Stock Exchange in the wake of low interest in their trading and more

10.09.2023

The total hydrocarbon production of OMV Petrom (SNP.RO), Romania's largest oil and gas company, stood at 113,500 barrels of oil equivalent (boe) per day in the third quarter of 2023, down 3.2% from more

09.27.2023

OMV Petrom, the largest integrated energy company in Southeast Europe, has signed a contract for the purchase of natural gas with BOTAŞ, the national oil and gas company of Türkiye. more

09.12.2023

OMV Petrom (SNP.RO) shareholders starting with Austria’s OMV, which owns 51% in the company, on September 12 approved distribution of RON2.8 billion special dividends or RON0.045/share. more

08.24.2023

OMV Petrom, the largest fuel producer in Romania, has announced at the Bucharest Stock Exchange that it has commenced the process to delist and to cancel trading of the GDRs at the London Stock more

08.07.2023

OMV Petrom (SNP.RO), the largest fuel producer in Romania and the company to which eight million Romanian employees have an exposure of RON4.2 billion through the Pillar II private pension scheme, has more