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
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.
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
Contacts
013329
Bucharest, Romania
+40 800 800 064
+40 21 402 2201
+40 372 868 518
office@petrom.com
investor.relations.petrom@petrom.com
omvpetrom@omv.com
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.
Capacity
Basic profiles include:
- General information
- Contacts
- Management
- Ownership
- Employment
- Financial Information & Key Financial Ratios
Additionaly to the content in basic profiles, premium profiles include:
- Company History
- Subsidiaries & Affiliates
- Product & Services
- Capacity
- Market & Sales
- Investment Plans
Employment
Basic profiles include:
- General information
- Contacts
- Management
- Ownership
- Employment
- Financial Information & Key Financial Ratios
Additionaly to the content in basic profiles, premium profiles include:
- Company History
- Subsidiaries & Affiliates
- Product & Services
- Capacity
- Market & Sales
- Investment Plans
Market and sales
Basic profiles include:
- General information
- Contacts
- Management
- Ownership
- Employment
- Financial Information & Key Financial Ratios
Additionaly to the content in basic profiles, premium profiles include:
- Company History
- Subsidiaries & Affiliates
- Product & Services
- Capacity
- Market & Sales
- Investment Plans
Investment plans
Basic profiles include:
- General information
- Contacts
- Management
- Ownership
- Employment
- Financial Information & Key Financial Ratios
Additionaly to the content in basic profiles, premium profiles include:
- Company History
- Subsidiaries & Affiliates
- Product & Services
- Capacity
- Market & Sales
- Investment Plans
Financial information
Basic profiles include:
- General information
- Contacts
- Management
- Ownership
- Employment
- Financial Information & Key Financial Ratios
Additionaly to the content in basic profiles, premium profiles include:
- Company History
- Subsidiaries & Affiliates
- Product & Services
- Capacity
- Market & Sales
- Investment Plans