Published September 25, 2024

OMV Petrom continues partnership with HOSPICE Casa Speranței

Sponsorship of approximately 1.6 million euro to ensure free palliative care services for children with incurable and life-limiting diseases
According to HOSPICE estimates, there are over 22,000 children in Romania who need palliative care

Bucharest, September 25. OMV Petrom, the largest integrated energy producer in Southeast Europe, continues to support the activities of HOSPICE Casa Speranței, the largest foundation in Romania that offers palliative care. The company will fund free palliative care services for children with incurable and life-limiting diseases with approximately 1.6 million euro for one year.

Christina Verchere, CEO OMV Petrom: „The first year of collaboration brought us closer to the extraordinary actions of the HOSPICE Casa Speranței team, which helps thousands of people throughout the country. With this new announcement we are privileged to continue to support their efforts to bring comfort to suffering people.”

Within the project supported by OMV Petrom, over 500 children and 1,000 relatives will benefit from the palliative care services offered by the foundation. For children, services are offered in units with beds, at home, ambulatory care and in Day Centres. It is recommended that palliative care be initiated from the diagnosis, whether a child receives treatment for the illness or not. To be effective, this care requires a multidisciplinary approach that includes the family and utilizes available community resources.

Mirela Nemțanu, Executive Director of HOSPICE Casa Speranței: „According to our estimations, there are over 22,000 children in Romania who need palliative care. We make constant efforts to remain alongside vulnerable children, despite all the obstacles we encounter. We are glad that OMV Petrom has become a long-term supporter, it is proof that our mission is seen and that the constant need for resources is understood. Thank you, OMV Petrom, and we assure you that this sponsorship allows us to more easily achieve our goals of remaining alongside those who need it most.”

In 2023, OMV Petrom joined HOSPICE Casa Speranței with a sponsorship of over 7 million euro, which financed the operational costs of the organization for the year 2023. Thus, HOSPICE Casa Speranței was able to provide services for a record number of beneficiaries: over 5,500 patients and over 11,000 family members.

OMV Petrom has been constantly involved in supporting relevant projects in the fields of health, environment and education. The cumulative value of the company's social contributions amounts to approximately 160 million euro in the period 2007-2023.

About OMV Petrom

OMV Petrom is the largest integrated energy producer in Southeastern Europe, with an annual Group hydrocarbon production of approximately 41 million boe in 2023. The Group has a refining capacity of 4.5 million tons annually and operates an 860 MW high-efficiency gas-fired power plant. The Group is present on the oil products retail market in Romania and neighbouring countries through approximately 780 filling stations under two brands – OMV and Petrom.

OMV Petrom is a company in which, as of end-2023, Romanian shareholders hold over 43% of the shares (of which the Romanian state, through the Ministry of Energy, holds 20.7%, and 22.5% are owned by pension funds in Romania, to which are added almost 500,000 individual investors and other Romanian entities). OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51.2% stake in OMV Petrom, and the remaining 5.6% are held by other foreign investors. Of the total shares of OMV Petrom, 28.1% represents the free float on the Bucharest Stock Exchange.

OMV Petrom is one of the largest contributors to the state budget, with approximately 42 billion euro in taxes and dividends paid between 2005 and 2023. During the same period, the company invested approximately 18 billion euro.

Since 2007, OMV Petrom has included corporate responsibility principles into its business strategy. Between 2007 and 2023, the company has allocated around 160 million euro to develop communities in Romania, focusing on environmental protection, education, health, and local development.

On July 29th, 2020, OMV Petrom announced its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD) regarding risks and opportunities on climate change. OMV Petrom annually reports on the progress made in implementing these recommendations.

About HOSPICE Casa Speranţei

HOSPICE Casa Speranței, a non-profit organization established in 1992 in Brașov, introduced the concept of palliative care in Romania and is the largest foundation in the country that offers free specialized services of this type.

The organization has two hospitals with integrated services, in Brașov and Bucharest, a socio-medical center at Adunații Copăceni, mobile teams in five cities - Bucharest, Brașov, Făgăraş Zărneşti and Giurgiu, six headquarters dedicated to offering palliative care and education and over 100 hospitalization beds and related activities, intended for the care of people diagnosed with incurable diseases. HOSPICE has developed complete palliative care services, which are offered in day centers, outpatients and inpatient units, at patients' homes and in partner hospitals. In its 32 years of existence, HOSPICE has brought relief and hope to over 50,000 children and adults. HOSPICE Casa Speranței is a provider of continuous medical education, accredited by OAMGMAMR and registered in the List of EMC Providers.

You can support HOSPICE patients and the cause of palliative care with a donation (https://www.hospice.ro/doneaza/ ) or with an SMS to 8846 with the text TIME (4euro).

For more information, go to www.hospice.ro. You can find us on Facebook (https://www.facebook.com/HOSPICECasaSperantei) and on Instagram (https://www.instagram.com/hospice_casa_sperantei/), and on YouTube you can learn the story of HOSPICE and the history of palliative care in Romania.