OMV Petrom partners with Romanian startup Flip.ro for smartphone recycling project - Romania-Insider.com

1 year ago 35

OMV Petrom, the largest integrated vigor institution successful South-Eastern Europe, signed a concern with Romanian startup Flip.ro aimed astatine supporting the circular system by recycling utilized smartphones.

In the archetypal phase, Flip.ro purchased implicit 500 aged smartphones from OMV Petrom. The startup volition enactment them backmost connected the marketplace aft refurbishing them.

In total, the three-year declaration provides that Flip.ro volition instrumentality implicit much than 2,500 smartphones from OMV Petrom.

“By putting refurbished mobile terminals backmost connected the market, we lend to reducing the measurement of discarded and c emissions. We frankincense beryllium that circular system projects tin beryllium successfully implemented connected the Romanian market,” said Alina Popa, CFO of OMV Petrom.

In turn, Nicolae Trofin, Chief Sales Business Partnerships astatine Flip.ro said: “We are convinced that different companies volition travel the illustration of OMV Petrom and volition take to recycle the smartphones that would different person go waste.”

This is not the archetypal specified circular system task supported by OMV Petrom. The institution has besides been progressive successful re-circulating refurbished computers done the “Let’s click connected Romania” project, developed successful a concern betwixt backstage companies, Ateliere fără Frontiere and 230 schools from disadvantaged areas. During the project, which helped debar astir 600,000 kg of CO2 emissions, 4,000 refurbished computers were donated to 110 nationalist schools.

OMV Petrom said it aims to execute c neutrality for its operations by 2050 and lend to the process of decarbonization of its customers. To make caller low- and zero-carbon projects, the institution volition put EUR 3.7 cardinal from its EUR 11 cardinal concern program by 2030. This is the astir extended backstage concern program successful the Romanian vigor sector.

OMV Petrom is the largest integrated vigor institution successful South-Eastern Europe, with an yearly radical hydrocarbon accumulation of astir 47 cardinal boe successful 2021. The radical has a refining capableness of 4.5 cardinal tons annually and operates an 860 MW high-efficiency powerfulness plant. It is contiguous successful the lipid products retail marketplace successful Romania and neighboring countries done astir 790 filling stations nether 2 brands – OMV and Petrom.

OMV Petrom shares are traded connected the Bucharest Stock Exchange and the London Stock Exchange. OMV Aktiengesellschaft, 1 of the largest listed concern companies successful Austria, holds a 51% involvement successful OMV Petrom. The Romanian State, done the Ministry of Energy, has 20.6% of OMV Petrom shares, and 28.4% is owned by earthy and ineligible persons.

irina.marica@romania-insider.com

(Photo source:OMV Petrom)

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