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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

 

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OMV Petrom may announce EUR 10 bln investments by 2030

OMV Petrom announces that, on December 7, 2021, the company will publish and present its Strategy 2030. The presentation will be delivered by Christina Verchere, CEO and President of the Executive Board, and Alina Popa, CFO and Member of the Executive Board.

The new strategy reflects the company’s growth plans and its commitment in terms of the energy transition, in the context of climate change, according to a note to investors.

The company may announce the year 2050 as the target for becoming carbon neutral, according to sources familiar with the planning process within the company, quoted by Economica.net.

The strategy involves investments of about EUR 10 bln, to be committed by 2030, the vast majority of money being allocated to projects in Romania. A quarter of the investments will be allocated for completely green energy projects. It is about generating electricity from renewable sources, production of sustainable second-generation biofuel and carbon capture and storage facility. The company has already announced a pilot carbon capture and storage project at the Petrobrazi refinery. The network of car charging stations will also be significantly expanded.

(Photo: Mihai Olaru/ Dreamstime)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

 

BSE

 

 

OMV Petrom may announce EUR 10 bln investments by 2030

OMV Petrom announces that, on December 7, 2021, the company will publish and present its Strategy 2030. The presentation will be delivered by Christina Verchere, CEO and President of the Executive Board, and Alina Popa, CFO and Member of the Executive Board.

The new strategy reflects the company’s growth plans and its commitment in terms of the energy transition, in the context of climate change, according to a note to investors.

The company may announce the year 2050 as the target for becoming carbon neutral, according to sources familiar with the planning process within the company, quoted by Economica.net.

The strategy involves investments of about EUR 10 bln, to be committed by 2030, the vast majority of money being allocated to projects in Romania. A quarter of the investments will be allocated for completely green energy projects. It is about generating electricity from renewable sources, production of sustainable second-generation biofuel and carbon capture and storage facility. The company has already announced a pilot carbon capture and storage project at the Petrobrazi refinery. The network of car charging stations will also be significantly expanded.

(Photo: Mihai Olaru/ Dreamstime)

andrei@romania-insider.com

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