OMV Petrom has 1.5 bln. lei for acquisitions

OMV Petrom allocated this year 8 billion lei for investments, of which 1.5 billion lei for acquisitions, OMV Petrom’s financial director, Alina Popa, announced on Monday, during a specialized event.

“We did not communicate the exact value of the transactions for reasons of confidentiality (from 2023 – n.r.), but what we communicated is for the year 2024. OMV Petrom will enter the most intense investment period in the company’s history.

And practically we have a total value planned OMV Petrom investments of 8 billion lei, of which 1.5 billion lei is an estimated amount for acquisition transactions, both for the completion of these mentioned transactions and for other opportunities that we will identify this year,” said Alina Popa, according to Agerpres.

When asked which are the fields to which the company directs its attention, she mentioned: renewable energy, both wind and photovoltaic projects, biofuels, alternative solutions for mobility – electric charging networks, capture – storage of carbon dioxide and hydrogen.

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