28 May 2020 09:09
OMV Petrom S.A.
Investor News
May 28, 2020
OMV Petrom and Eldrive to install 30 fast charging stations for electric cars in filling stations in Romania and Bulgaria
► A fast charging cycle for 80% of the car's battery capacity takes approximately 40 minutes
► The first two fast charging stations were already installed in two OMV branded filling stations in Bulgaria
OMV Petrom, the largest energy company in South-Eastern Europe, and Eldrive, the leading charging points operator in the region, will install 30 fast-charging stations for electric vehicles in OMV branded filling stations in Romania and Bulgaria. The implementation of the project will last approximately two years.
As a result of this initiative, Romania and Bulgaria will be connected through an infrastructure of 50kW fast-charging points located conveniently in the OMV branded filling stations. Eldrive will be the installer and operator of the charging points. The first two stations of this project were already installed in Bulgaria, in Daskalovo (Struma Highway) and Golyamokonarsko road (near Plovdiv), and have welcomed their first clients.
The new charging stations network will allow drivers to charge up to 80% of the electric vehicles battery in approximately 40 minutes, for a charging cycle.
Three years ago, OMV Petrom was the first energy company in Romania to install, as part of a pilot project, a fast-charging point for electric vehicles at an OMV branded filling station.
"We believe that the future of mobility will entail a mix of fuels, conventional and alternative, that are both environmentally and economically sustainable. Regarding alternative solutions, for passenger cars and light-duty vehicles, on short distance transport, electric cars can be a choice. For heavy-duty applications and long distance transport, we consider as potential solutions CNG and LNG, due to a higher energy efficiency and lower emissions. We are pleased to offer our customers the opportunity to quickly charge electric vehicles while receiving other services offered in our filling stations", said Radu Căprău, member of OMV Petrom Executive Board responsible for Downstream Oil.
"This partnership is a crucial step for the development of our charging network, as well as for the electric mobility in the region. The new charging stations will allow the owners of electric vehicles to travel without worries in Bulgaria, Romania and between the two countries. We are very proud that Eldrive is not only the largest EV charging network in the region, but one of the largest networks in SEE as well. The partnership with OMV Petrom is a big recognition for us and we very much look forward to executing the project", said Stefan Spassov, CEO of Eldrive.
OMV Petrom is present on the fuel distribution market in Romania, Moldova, Bulgaria and Serbia, operating a network of 800 filling stations under OMV and Petrom brands.
At the end of last year, in Romania, there were approximately 400 charging stations for electric cars, while the number of new registered electric and hybrid vehicles in the first four months of 2020 represented 2.75% of the total new registered vehicles.
The Eldrive charging network has more than 210 charging points in Bulgaria and Romania. The network operates via the smartphone app Eldrive, in which users can see real-time information about the location, type, price, status of the chosen station and make the payment.
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 800 filling stations, at the end of March 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 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 OMV branded filling stations
OMV currently operates an international network of 2,100 filling stations, in 10 European countries. The OMV braded filling station network in Romania, Bulgaria and Serbia is operated via OMV Petrom, part of OMV Group. The OMV network in Romania has 158 filling stations, the first filling station under this brand having been opened since 1999.
OMV branded filling stations offer more than fuels, as they are true multifunctional services centers: besides OMV MaxxMotion Performance Fuels, the OMV customers can benefit from modern car wash services, can enjoy the unique VIVA Coffee, the freshly prepared sandwiches and can access a wide range of additional services.
About Eldrive
Eldrive Charging EAD is a company rolling out and operating a public charging network for electric vehicles and plug-in-hybrids under the brand Eldrive. The network is the only one with national and regional coverage, which offers a mix of more than 210 charging points of standard and fast-charging type. Eldrive has a platform, which provides users with real-time information about the location, type, price and status of the chosen station.
The company's mission is to establish the right conditions for EV mobility to become a growing part of the transport mix in urban and intercity environment.
Contact:
OMV Petrom Investor Relations
Tel: +40 372 161930, Fax: +40 372 868518
E-mail: investor.relations.petrom@petrom.com