Alina Oprea • 13 February, 2023 at 9:38 AM
OMV Petrom, the largest integrated energy company in South-Eastern Europe, plans to install photovoltaic panels in half of its gas station network by 2025. At the end of 2022, the company had panels in 150 fuel stations, it shows the company's annual report.
Moreover, OMV Petrom wants to double its electric vehicle charging network. At the end of 2022, the company had installed 120 fast and ultra-fast charging points.
Also, the company aims to reduce the intensity of carbon emissions by 30% by 2030 compared to 2019.
"The transition towards reduced and zero carbon emissions. We aim to reduce the intensity of carbon emissions by 30% by 2030 compared to 2019 (2022, preliminary data: 11% decrease compared to 2019). Alternative mobility: the continuation of the expansion of the electric vehicle charging network, with plans to double the existing number of charging points (at the end of 2022: 120 fast and ultra-fast charging points installed). Green energy sources in fuel stations: we plan to install photovoltaic panels in 50% of our network of fuel stations by 2025 (at the end of 2022: panels in 150 fuel stations). Progress in the development of a portfolio of renewable electricity through partnerships. The development of projects in the direction of the production of sustainable fuel for aviation and bio-ethanol of the second generation", the report states.
The company has planned investments of RON 6 billion (€1.2 billion) for this year, approximately 70% higher, mainly dedicated to the Neptun Deep project, the acceleration of projects with low and zero carbon emissions, as well as the planned overhaul of the Petrobrazi refinery.
"The value of the investments is estimated to increase to around RON 6 billion, by approximately 70%, with larger investments mainly dedicated to the Neptun Deep project, the acceleration of projects with reduced and zero carbon emissions, as well as the planned overhaul of the Petrobrazi refinery. Investments require a predictable and stable regulatory and fiscal environment (2022: RON 3.6 billion). As a result of the growing investments, we expect to generate an extended treasury flow before the payment of marginally positive dividends (2022: RON 8.2 billion)", the report also states.
Last year, OMV Petrom made a net profit of RON 10.3 billion (over €2 billion), up 260% compared to 2021, of RON 2.86 billion (over €572 million).
Sales revenues were 136% higher than in 2021, amounting to RON 61.34 billion (€12.2 billion), from RON 26.01 billion (€5.2 billion) in 2021.
The number of employees of the OMV Petrom group decreased by 3%, to 7,742 employees.
In 2022, direct taxes and industry-specific contributions increased almost 4 times to a record value of RON 9.7 billion.