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OMV Petrom SA

Summary

Company ID (NIN)

1590082

Company owner / manager

  • OMV Aktiengesellschaft
  • Other
  • State

Country

Romania

Capital

5,664,410,834

Total assets

43,068,031,308

Net profit for the period

3,879,650,048

Report year

2018

Currency

RON

Industry

Petroleum/Natural Gas

General information

About OMV Petrom SA

OMV Petrom SA is a Romanian oil exploration company, which is also active in the refining and trade of oil and gas.

As of June 2019, the company’s shares are included in Bucharest Stock Exchange’s blue-chip index BET.

Last updated on June 17, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Oct. 23, 1997
NIN
1590082
Tickers
SNP
Stock Exchange
Bucharest Stock Exchange
ISIN
ROSNPPACNOR9
Profile last updated
June 17, 2019, 2:39 p.m.
Alternative names

    OMV Petrom JSC;
    OMV Petrom Group

History

    Oct 23, 1997 – State-run Societatea Nationala a Petrolului Petrom SA is established in the capital of Romania, Bucharest.

    1998 – The company opens branches in Hungary, Azerbaijan and Moldova.

    1999 – Petrom SA discovers the largest Romanian oilfield on the Black Sea. It becomes the owner of the Tasbulat, Turkmenoy, and Aktas oil fields in Kazakhstan.

    2000 -  The company acquires a 95% stake in Kazakhstan-based oil company Oztyurk Munai LLP.

    Sept 3, 2001 – Petrom SA lists on the Bucharest Stock Exchange.

    July 23, 2004 – The Romanian Privatisation Authority (AVAS) sells 33.34% in Petrom SA to OMV AG, Austria for EUR 668.815 mln.

    Dec 14, 2004 – OMV AG becomes the majority shareholder in Petrom SA with a 51% stake.

    Dec 15, 2004 – The company changes its name to Societatea Comerciala Petrom SA from Societatea Nationala a Petrolului Petrom SA.

    January 2006 - Petrom SA acquires a 99.9% stakes in three OMV companies: OMV Mineraloel Romania SRL, OMV Bulgaria OOD and OMV Jugoslavija DOO (later renamed to OMV Srbija DOO), in a deal worth EUR 234.4 mln.

    September 2006 - The company acquires a 74.9% stake in Cyprus-based Ring Oil Holding & Trading Ltd.

    April 2007 - The company sells its entire 95% stake in Oztyurk Munai LLP.

    July 2007 - Romanian investment fund Fondul Proprietatea SA raises its stake in Petrom SA to 20.64%, after the transfer of 10.22% from AVAS.

    September 2007 - Petrom SA signs a EUR 328.5 mln contract for the acquisition of the oil service activities of Romania’s Petromservice.

    October 2008 - Petrom SA acquires an additional stake of 20.87% in Petrom Aviation SA and increases its stake in the company to 69.37%.

    January 2009 - The company changes its name to OMV Petrom SA from Petrom SA.

    December 2009 - OMV Petrom SA sells the petrochemical assets of its Arpechim refinery to Romanian state-owned chemicals company Oltchim SA for EUR 13 mln.

    April 2010 - OMV Petrom SA acquires a 100% stake in Romania-based S.C. Wind Power Park SRL for EUR 100 mln and later changes its name to OMV Petrom Wind Power SRL.

    September 2010 - OMV Petrom SA sold exploration assets in Russia to its minority partner Mineral and Bio Oil Fuels Limited (MBO).

    June 2012 - OMV Petrom SA sells its liquefied petroleum gas (LPG) business to local LPG distributor Crimbo Gas International SRL.

    July 2013 - OMV Petrom SA sells its Romanian gas distribution subsidiary Petrom Distributie Gaze SRL to local Ligatne SRL.

    January 2014 - OMV Petrom SA spins off its support services business by setting up a new company, OMV Petrom Global Solutions SRL (OPGS).

    July 2014 - OMV Petrom SA sells its 28.59% stake in local gas distributor Congaz SA to GDF SUEZ Energy Romania.

    Last updated on June 17, 2019.

Management

Executive Board
Stefan Waldner
CFO
Christina Verchere
CEO
Lacramioara Diaconu-Pintea
Member of the Board
Peter Rudolf Zeilinger
Member of the Board
Neil Anthony Morgan
Member of the Board
Supervisory Board
Rainer Seele
Chairman of the Board
Daniel Turnheim
Member of the Board
Manfred Leitner
Member of the Board
Johann Pleininger
Member of the Board
Sevil Shhaideh
Member of the Board
Jochen Weise
Member of the Board
Joseph Bernhard Mark Mobius
Member of the Board
Radu-Spiridon Cojocaru
Member of the Board
Reinhard Florey
Deputy-Chairman of the Board

Contacts

Address
22, Coralilor Str.
013329
Bucharest, Romania
Telephones

+40 800 800 064
+40 21 402 2201

Fax

+40 372 868 518

Emails

office@petrom.com
investor.relations.petrom@petrom.com
omvpetrom@omv.com

Websites
www.omvpetrom.com www.omv.ro

Ownership

Name Direct holding Indirect holding Owner type Country
OMV Aktiengesellschaft 51.01 Company Austria
Other 28.35 Other
State 20.64 State Romania

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
OMV Petrom Global Solutions SRL 25.0 Romania
Trans Gas LPG Services SRL 80.0 Romania
Asociatia Romana pentru Relatia cu Investitorii 20.0 Romania
ICS Petrom-Moldova SA 100.0 Moldova
Petromed Solutions SRL 99.99 Romania
OMV Srbija DOO 99.96 Serbia
OMV Petrom Gas SRL 99.99 Romania
Kom Munai LLP 95.0 Kazakhstan
OMV Bulgaria OOD 99.9 Bulgaria
Tasbulat Oil Corporation LLP 100.0 100.0 Kazakhstan
Brazi Oil & Anghelescu Prod Com SRL 37.7 Romania
Energy Production Enhancement SRL 100.0 Romania
OMV Petrom Marketing SRL 100.0 Romania
Petrom Exploration and Production Ltd 99.99 Isle of Man
OMV Petrom Aviation SA 100.0 Romania

Products and services

OMV Petrom SA is engaged in:

  • Distribution of oil;
  • Extraction of crude oil;
  • Processing of crude oil;
  • Transport and storage:
    • Water Transport
    • Warehousing and support activities for transportation
    • Land transport and transport via pipelines
    • Air transport
    • Transport via pipelines;
  • Wholesale/Retail of crude oil, diesel fuel, gasoline, kerosene;
  • Retail sale of information and communication equipment in specialised stores.

The company is also engaged in:

  • Production of:
    • crude oil, natural gas, methane;
    • oil products - gasoline, diesel, heavy fuel oil, LFO, mineral oils, bitumen;
    • petrochemicals - benzene, polyethylene, propylene, acrylonitrile;
  • Exploitation of crude oil and natural gas, onshore and offshore;
  • Production of urea, ammonium nitrate, ammonia, methanol, nitric acid;
  • Transportation of crude oil and petroleum products;
  • Retail of oil and oil products through its own distribution network;
  • Import and export of crude oil, oil products, equipment, machines and specific technologies;
  • Refining of crude oil;
  • Surface and underground water management and distribution;
  • Agriculture - cultivation;
  • Power production;
  • Production of thermal energy and steam.

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