OMV Petrom completes a 20 million investment in upgrading Petrobrazi refinery
OMV Petrom has announced the completion of new modernisation works at the Petrobrazi refinery, with an investment worth 20 million euros in advanced wastewater treatment systems.
'We are constantly investing in modern technologies at Petrobrazi to reduce environmental impact and increase operational efficiency. These new projects within the wastewater treatment plant reflect our determination to operate responsibly and to invest in technologies that protect the environment and support the future of Romania's energy sector,' said Radu Caprau, member of the OMV Petrom Executive Board responsible for Refining and Marketing, in a press release sent to AGERPRES on Tuesday.
According to the company, as part of this project the existing basins have been covered and modern systems for capturing and treating gases from wastewater have been installed.
'These works form part of a broader modernisation programme at the Petrobrazi refinery. Since 2005, OMV Petrom has invested more than 2 billion euros to upgrade installations, improve energy efficiency and prepare the transition to low-carbon fuels. The company is currently carrying out a new major project worth approximately 750 million euros for the construction of a sustainable fuels (SAF/HVO) production unit, which will also include a green hydrogen component,' the press release says.
OMV Petrom is the largest integrated energy producer in South-Eastern Europe, with annual group oil and gas production of around 38 million barrels of oil equivalent in 2025.
The Group operates in Romania and neighbouring countries through approximately 780 filling stations under two brands - OMV and Petrom - and is listed on the Bucharest Stock Exchange, with 28.1% of its shares in free float.
At the end of 2025, Romanian shareholders held around 45% of the shares, of which the Romanian state owned 20.7%, while 24.4% were held by Romanian pension funds as well as other Romanian individuals and legal entities. OMV Aktiengesellschaft held 51.2% of OMV Petrom shares, with the remaining 3.7% owned by other foreign investors. AGERPRES (RO - writing by: Daniel Badea; EN - writing by: Cristina Zaharia)
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