OMV Petrom continues to support the modernization of the Ploiești County Emergency Hospital

• Sponsorship in amount of around EUR 2 million will support the modernization of two operating rooms of the hospital
• The total contribution of OMV Petrom amounts to EUR 7 million
• The hospital will offer a fully revamped and equipped surgical unit designed to carry out highly complex operations

OMV Petrom, the largest integrated energy company in South-Eastern Europe, increases by additional EUR 2 million its contribution for the modernization of the Ploiești County Emergency Hospital`s surgical unit. This is the third contribution to this important medical institution and adds to the EUR 5 million sponsorships made in the last two years. The latest contribution will be used to modernize the most important operating rooms, for neurosurgery and general surgery. Thus, the entire surgical unit will be brought to standards that will allow highly complex interventions.

Christina Verchere, CEO OMV Petrom: "Ploiești County Emergency Hospital is a landmark for the people of Prahova county, as such we have decided  to supplement our prior contributions to enable the renovation of the surgical unit. We are honored to be part of this important health project for Prahova county, and we thank the doctors and medical staff for their commitment towards the wellbeing of their patients. I also want to thank the local authorities for their help. OMV Petrom is and continues to be committed to this community.”

Iulian Dumitrescu, President of the Prahova County Council: "One of the major objectives I undertook as president of the Prahova County Council was the transformation of the Ploiesti County Emergency Hospital into one of the most modern and well-equipped hospital centers in Romania. To this end, we have started an extensive investment process. I want to thank OMV Petrom for joining us and supporting this common goal in such a generous way. The fact that they think about the community and that they have faith in this important transformation of the County Hospital is an extraordinary thing. Together, we can achieve truly important things. The people of Prahova deserve the best quality medical services and I am absolutely convinced that, once the modernization project is finished, we will be proud of one of the most efficient and well-equipped hospitals in all of Romania."

The sponsorship will cover the cost for important medical hardware such as surgery and neurosurgery tables, high performance anesthesia machines, complete neurosurgery equipment, complete urological surgery equipment, defibrillators, radiology machines etc. In the last two years, 11 of the hospital's 13 surgery rooms have already been equipped with complete modern operating lines supported by OMV Petrom.

OMV Petrom has been continuously involved in major projects for the Romanian health sector. The company supported with EUR 10 million the Daruieste Viață Association for the first oncological hospital for children in Romania. This year, the company announced a EUR 7 million sponsorship for HOSPICE Casa Speranței, the most important foundation providing palliative care services in Romania. Also, OMV Petrom supported the Blondie Association with EUR 1.5 million, to facilitate the transport of patients, especially children, whose conditions cannot be treated in our country. The company has also been involved in fighting the COVID-19 pandemic, supporting the Red Cross and frontline hospitals with EUR 1.4 million. In total, in the last 5 years, OMV Petrom has supported the Romanian medical sector with over EUR 27 million.

The Ploiești County Emergency Hospital is biggest medical institution in Prahova county. The hospital serves a population of over 800,000 inhabitants from Prahova county and neighboring localities, has over 65,000 hospitalized patients, and over 160,000 patients per year in the emergency unit.

About OMV Petrom  

OMV Petrom is the largest integrated energy company in South-Eastern Europe, with an annual Group hydrocarbon production of approximately 43 million boe in 2022. 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 approximately 780 filling stations under two brands – OMV and Petrom.

OMV Petrom is a company in which Romanian shareholders hold over 42% of the shares (of which the Romanian state, through the Ministry of Energy, holds 20.7%, and 21.7% 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 6.4% are held by other foreign investors. Of the total shares of OMV Petrom, 28.1% represents the free float on the Bucharest Stock Exchange and the London Stock Exchange.

OMV Petrom is the largest contributor to the state budget, with approximately 39 billion euro in taxes and dividends paid between 2005 and 2022. During the same period, the company invested approximately 17 billion euro. In 2022, the taxes paid by OMV Petrom ensured 7% of Romania's tax revenues.

Since 2007, OMV Petrom has included corporate responsibility principles into its business strategy. Between 2007 and 2022, the company has allocated around 120 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.