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OMV Petrom injects 40 mln. euro in a 400 e-charging points network

28 July 2023

OMV Petrom is contributing to the development of the regional ultra-fast recharging network for electric cars, as part of a project aimed at installing more than 400 points along the Trans-European Transport Network (TEN-T). They are to be installed in Romania, Slovakia and Hungary by November 2025. The project aims to install more than 400 ultra-fast recharging points, each with an installed power of 150 kW, by the end of 2025. Of these, 328 will be installed in 80 stations in Romania, 52 recharging points will be installed in 11 stations in Slovakia, and 28 points will be installed in 7 stations in Hungary. All stations will allow ultra-fast recharging of electric cars, i.e. charging in approximately 10-15 minutes, depending on the capacity of the vehicles, for an operating range of 200 km.

The total investment in this project is estimated at approximately 40 million euro, of which, approximately 15 million euro are provided from European funds, through the financing program European Connection Facility (CEF), almost 5 million euros of the total amount represent credit banking from the Romanian Commercial Bank, the rest of the financing being provided from own sources.

“Through the 2030 Strategy, we have undertaken to actively contribute to the energy transition, in Romania and in the region. We have started to develop solutions with low emissions and zero carbon, for which we propose to allocate about 35% of the estimated investments until 2030, of about 11 billion euros. The development of these solutions opens opportunities for economic growth in Romania and in the region, by attracting European funds”, said Christina Verchere, CEO of OMV Petrom.
“This project will support the transition to decarbonized mobility in Europe. By ensuring a seamless and interconnected network for electric vehicles, it will benefit citizens and economic operators. Thus, it will contribute to achieving the objectives of the European Ecological Pact”, added Richard Ferrer, Head of Alternative Fuels at the European Climate, Infrastructure and Environment Executive Agency (CINEA).

At the end of 2022, OMV Petrom announced that it will become the first energy company in the region with a network of power stations in four countries in Southeast Europe, developed together with partners in the electric mobility sector. At the end of June, OMV Petrom had 150 recharging points in Petrom and OMV filling stations in Romania and in the region.


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