Collaboration between the leading university and the largest integrated energy producer in South-East Europe intensifies under the umbrella of the “Energizing know-how” Strategic Partnership
We are excited to announce a groundbreaking expansion of the strategic partnership between the Bucharest University of Economic Studies(ASE) and OMV Petrom, the leading integrated energy producer in Southeast Europe. Under the theme ‘Energizing Know How’, this partnership seeks to to develop educational opportunities that promote innovation in the economic and energy sectors 📚💡
This partnership will feature initiatives such as the creation of the first professional case studies about a Romanian company tailored for academic teaching, supporting ASE’s pursuit of triple international accreditation, and continuously updating the university curriculum with cutting-edge technology and learning opportunities in SAP, Data Science, and Project Management.
Launched on April 4, 2024, at Petrom City, this event was marked by the presence of esteemed guests including Alina Popa, CFO of OMV Petrom, and Prof. Alina-Mihaela Dima, Vice-Rector for Research, Development, and Innovation at ASE, along with numerous leadership representatives from both Petrom and ASE, including dean Tănase Stamule and dean Vasile Strat, as well as other faculty members, and over 80 students from BT, BBS, CIG, CSIE, EAM & FABIZ.
Prof. Dr. Alina Mihaela Dima, Prorector Research, Development, Innovation, ASE: “The consolidation of the strategic partnership between our university, the leader of economic education in Romania and a landmark in the region, and OMV Petrom, the most important player in the energy market in South-East Europe, represents an important moment for both institutions. This collaboration underlines our shared commitment to increasing competitiveness and performance in education, as well as the recognition of our university, which boasts a 111-year tradition of academic excellence. Through this alliance based on the transfer of knowledge and expertise, we join forces to support the promotion of excellence in teaching and research with direct impact in the economic and social environment in the context of international challenges. This partnership has generated and continues to generate multiple opportunities for students, teachers and society as a whole.”
Alina Popa, CFO and member of the OMV Petrom Management Board: “Energy and education are essential for a sustainable future. ‘Energizing Know How’ builds on the long-standing partnership we already have with ASE through future-oriented programmes for today’s and tomorrow’s students. We are glad to be able to join ASE in developing academic education in Romania.”
About OMV Petrom
OMV Petrom is the largest integrated energy producer in Southeastern Europe, with an annual Group hydrocarbon production of approximately 41 million boe in 2023. The Group has a refining capacity of 4.5 million tons annually and operates an 860 MW high-efficiency gas-fired power plant. The Group is present on the oil products retail market in Romania and neighbouring countries through approximately 780 filling stations under two brands – OMV and Petrom.
OMV Petrom is a company in which, as of end-2023, Romanian shareholders hold over 43% of the shares (of which the Romanian state, through the Ministry of Energy, holds 20.7%, and 22.5% are owned by pension funds in Romania, to which are added almost 500,000 individual investors and other Romanian entities). OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51.2% stake in OMV Petrom, and the remaining 5.6% are held by other foreign investors. Of the total shares of OMV Petrom, 28.1% represents the free float on the Bucharest Stock Exchange.
OMV Petrom is one of the largest contributors to the state budget, with approximately 42 billion euro in taxes and dividends paid between 2005 and 2023. During the same period, the company invested approximately 18 billion euro.
Since 2007, OMV Petrom has included corporate responsibility principles into its business strategy. Between 2007 and 2023, the company has allocated around 160 million euro to develop communities in Romania, focusing on environmental protection, education, health, and local development.
On July 29th, 2020, OMV Petrom announced its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD) regarding risks and opportunities on climate change. OMV Petrom annually reports on the progress made in implementing these recommendations.
About the Bucharest University of Economic Studies:
With a tradition of academic excellence of over 111 years, the Bucharest University of Economic Studies represents the strongest brand in economic tertiary education in Romania, as confirmed by all national and international rankings in the field. For the fifth time in a row, BUES ranks first in Romania, according to the prestigious Times Higher Education World University Rankings, 2024 edition, and the QS Europe University Rankings 2024 highlights its attractiveness among employers. ASE is the university with a very good insertion of its graduates on the labour market – 86% of our graduates find a job in the first 6 months after graduation in the field of study, having the opportunity to build a secure and well-paid future.
April 26, 2024
Collaboration between the leading university and the largest integrated energy producer in South-East Europe intensifies under the umbrella of the “Energizing know-how” Strategic Partnership
We are excited to announce a groundbreaking expansion of the strategic partnership between the Bucharest University of Economic Studies(ASE) and OMV Petrom, the leading integrated energy producer in Southeast Europe. Under the theme ‘Energizing Know How’, this partnership seeks to to develop educational opportunities that promote innovation in the economic and energy sectors 📚💡
This partnership will feature initiatives such as the creation of the first professional case studies about a Romanian company tailored for academic teaching, supporting ASE’s pursuit of triple international accreditation, and continuously updating the university curriculum with cutting-edge technology and learning opportunities in SAP, Data Science, and Project Management.
Launched on April 4, 2024, at Petrom City, this event was marked by the presence of esteemed guests including Alina Popa, CFO of OMV Petrom, and Prof. Alina-Mihaela Dima, Vice-Rector for Research, Development, and Innovation at ASE, along with numerous leadership representatives from both Petrom and ASE, including dean Tănase Stamule and dean Vasile Strat, as well as other faculty members, and over 80 students from BT, BBS, CIG, CSIE, EAM & FABIZ.
Prof. Dr. Alina Mihaela Dima, Prorector Research, Development, Innovation, ASE: “The consolidation of the strategic partnership between our university, the leader of economic education in Romania and a landmark in the region, and OMV Petrom, the most important player in the energy market in South-East Europe, represents an important moment for both institutions. This collaboration underlines our shared commitment to increasing competitiveness and performance in education, as well as the recognition of our university, which boasts a 111-year tradition of academic excellence. Through this alliance based on the transfer of knowledge and expertise, we join forces to support the promotion of excellence in teaching and research with direct impact in the economic and social environment in the context of international challenges. This partnership has generated and continues to generate multiple opportunities for students, teachers and society as a whole.”
Alina Popa, CFO and member of the OMV Petrom Management Board: “Energy and education are essential for a sustainable future. ‘Energizing Know How’ builds on the long-standing partnership we already have with ASE through future-oriented programmes for today’s and tomorrow’s students. We are glad to be able to join ASE in developing academic education in Romania.”
About OMV Petrom
OMV Petrom is the largest integrated energy producer in Southeastern Europe, with an annual Group hydrocarbon production of approximately 41 million boe in 2023. The Group has a refining capacity of 4.5 million tons annually and operates an 860 MW high-efficiency gas-fired power plant. The Group is present on the oil products retail market in Romania and neighbouring countries through approximately 780 filling stations under two brands – OMV and Petrom.
OMV Petrom is a company in which, as of end-2023, Romanian shareholders hold over 43% of the shares (of which the Romanian state, through the Ministry of Energy, holds 20.7%, and 22.5% are owned by pension funds in Romania, to which are added almost 500,000 individual investors and other Romanian entities). OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51.2% stake in OMV Petrom, and the remaining 5.6% are held by other foreign investors. Of the total shares of OMV Petrom, 28.1% represents the free float on the Bucharest Stock Exchange.
OMV Petrom is one of the largest contributors to the state budget, with approximately 42 billion euro in taxes and dividends paid between 2005 and 2023. During the same period, the company invested approximately 18 billion euro.
Since 2007, OMV Petrom has included corporate responsibility principles into its business strategy. Between 2007 and 2023, the company has allocated around 160 million euro to develop communities in Romania, focusing on environmental protection, education, health, and local development.
On July 29th, 2020, OMV Petrom announced its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD) regarding risks and opportunities on climate change. OMV Petrom annually reports on the progress made in implementing these recommendations.
About the Bucharest University of Economic Studies:
With a tradition of academic excellence of over 111 years, the Bucharest University of Economic Studies represents the strongest brand in economic tertiary education in Romania, as confirmed by all national and international rankings in the field. For the fifth time in a row, BUES ranks first in Romania, according to the prestigious Times Higher Education World University Rankings, 2024 edition, and the QS Europe University Rankings 2024 highlights its attractiveness among employers. ASE is the university with a very good insertion of its graduates on the labour market – 86% of our graduates find a job in the first 6 months after graduation in the field of study, having the opportunity to build a secure and well-paid future.
