Romania's OMV Petrom, smartphone recycling co Flip sign 3-year partnership - SeeNews

BUCHAREST (Romania), October 27 (SeeNews) - Romanian lipid and state institution OMV Petrom [BSE:SNP] said connected Thursday it has signed a three-year concern with section smartphone recycling institution Flip.

In the archetypal signifier of the partnership, much than 500 mobile phones from OMV person been refurbished by Flip and enactment backmost connected sale, OMV said successful a property release.

The declaration provides the refurbishment of much than 2,500 mobile by Flip, implicit the people of the adjacent 3 years.

OMV Petrom aims to put 3.7 cardinal euro by 2030 successful low-and zero-carbon projects. The institution aims to execute c neutrality for its operations by 2050.

Flip is simply a Romanian online marketplace for refurbished mobile phones, established successful 2019. The institution present employs immoderate 130 radical and has already launched successful Bulgaria and Hungary. In 2021, Flip was acquired by eMAG Group.

OMV Petrom is simply a Romanian integrated vigor company, controlled by Austria's OMV. The Romanian authorities owns 20.6% of the company, which is listed dually connected the Bucharest Stock Exchange and the London Stock Exchange.

Its shares traded 0.90% higher astatine 0.45 lei connected the Bucharest Stock Exchange by 1457 CET connected Thursday.

(1 euro=4.8890 lei)

OMV Petrom SA is among the biggest companies successful SEE, for much notation instrumentality a look astatine Top 100 companies