OMV Petrom accelerates its transformation with a major investment of almost 750 million euros at its Petrobrazi site in Romania. The ambitious goal is to make this refinery the region’s leading producer of sustainable fuels. According to Christina Verchere, CEO ofOMV Petrom We are taking a decisive step forward in our transformation towards low-carbon energy. In addition to our new renewable energy projects, we are committing major investments to decarbonize transport in Romania. Between now and 2030, we will devote 11 billion euros to transforming our business from a sustainable perspective, both in Romania and in neighboring countries.”

OMV Petrom validates €750 million investment in sustainable fuels
By investing 750 million euros in a new plant at Petrobrazi, OMV Petrom, the energy leader in Southeast Europe, is positioning itself as a future major player in biofuels.