SeeNews TOP 100 SEE 2012 - SEE Top 100 - SeeNews

Products / Services
Markets & Sales
In February 2012 OMV Petrom and ExxonMobil Exploration and Production
Romania Ltd (EMEPRL) announced a gas discovery at the exploration
well Domino-1 located in the Romanian sector of the Black
Sea. The potential of the gas deposit is estimated between 42 billion
cu m and 84 billion cu m.
OMV Petrom claimed a 37% market share on the Romanian market of
fuels in 2011.
In September 2011 the Romanian government approved a three-year
9
TOP 100
companies
Exploration and production of crude oil and natural gas, onshore and off shore; refi ning crude oil into products (gasoline, diesel, heavy fuel oil,
LFO, mineral oils, bitumen); retail and wholesale of oil products; import and export of oil products; power production
Capacity
In Romania and Kazakhstan, OMV Petrom Group exploits proved oil
and gas reserves of approximately 812 million boe, of which 786 million
boe in Romania and had a maximum annual refi ning capacity of
4.5 million tonnes as of end-2011.
OMV Petrom has a total of 793 fi lling stations in Romania, Moldova,
Serbia and Bulgaria, operating under the Petrom and OMV brands.
In Romania the company also operates an 860 MW power plant in
Brazi, in central Romania, and a 45 MW wind park in Dorobantu, in
southeastern Romania.
Investments
In the period 2005-2011 OMV Petrom SA’s investments totaled 29.601
billion lei. In 2012 the company plans to invest 5.2 billion lei and up to
60 billion lei by 2030.
OMV Petrom invested a total 1.0 billion euro in the modernisation of
its two refi neries by 2011.
In December 2009 OMV Petrom secured a 500 million euro loan for
Financial Information
The fi nancial results are non-consolidated and in billions of lei
2011 2010 2009
Total assets 33 820 32 102 26 714
Total equity 18 891 16 195 14 056
Issued capital 5 664 5 664 5 664
Total liabilities 6 933 8 372 6 384
Total revenue 17 718 15 540 14 326
Net profit 3 686 1 799 1 368
ROE 19.51% 11.11% 9.73%
ROA 10.90% 5.60% 5.12%
Net profit margin 22.25% 12.89% 10.65%
Total liabilities/assets 20.50% 26.08% 23.90%
Total liabilities/equity 36.70% 51.69% 45.42%
Fixed assets turnover ratio 0.58 0.52 0.58
Number of employees 22 052 25 176 30 398
OMV Petrom processed crude oil (kt), inlcuding condensate
Refinery 2011 2010 2009
Arpechim (closed in March 2011) 0.749 2.170
Petrobrazi 3.567 3.153 2.991
Total 3.567 3.902 5.161
extension of the exploration licences of OMV Petrom in the country
until Sept 12, 2014.
OMV Petrom sales
Products 2011 2010 2009
Sales of refined products
(million tonnes)
5.230 5.470 6.180
Gas sales (million cu m) 5.055 4.917 4.846
investments and general corporate needs.
In June 2009 OMV Petrom started the construction of the 860 MW
Brazi gas-fi red power plant, worth some 500 million euro. In May 2009
the European Investment Bank (EIB) and the European Bank for Reconstruction
and Development (EBRD) extended a 200 million euro loan
each to OMV Petrom for the construction of the plant.
profiles.seenews.com
The business and financial company information
of SeeNews are also available on your Bloomberg
terminal.