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Romanian company with [activities] in oil & gas industry, drilling, workover and production. Petrom is the largest Romanian oil and gas group, with activities in the business segments of [Exploration] and Production, Refining and Petrochemicals, as well as Marketing. Petrom has estimated oil and gas reserves of 1 billion boe, a refining capacity of 8 million metric tons per year and 553 filling stations. Petrom is presently owned by OMV with 51.011% of its shares, AVAS (Authority for State Assets Recovery) - 20.64%, the Property Fund SA – 20.11%, the European Bank for [Reconstruction] and Development – 2.026% and by minority shareholders – 6.214%.
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