OMV Setting up 28 EV Chargers in Hungary

Automotive

OMV Hungária Ásványolaj Kft. has announced that the company will start the setup of a network of 28 EV charging stations on the country's high-traffic routes this year.

The investment is part of a major project co-financed by OMV and the European Union to develop a regional network of ultra-fast charging points for electric cars along the Trans-European Transport Network (TEN-T), with more than 400 charging points. 
 
The 28 ultra-fast EV chargers, each with a capacity of at least 150 kW, will be installed in seven locations and will be able to charge a vehicle up to a range of 200 km in about 10-15 minutes, depending on the capacity of the car.

The European Union is providing EUR 1.05 million for the sites in Hungary, with the total cost of setting up the chargers amounting to EUR 2.1 million. The installation of all stations will be completed by the end of 2025. 

"With OMV's 2030 strategy, we have committed to actively contribute to the energy transformation of the region," said Tibor Balogh, managing director of OMV Hungária. "By attracting European funding, the development of these solutions will make a major contribution to economic growth in Hungary and Central and Eastern Europe."

A Project of Regional Importance
 
A consortium formed by OMV Petrom Marketing, OMV HU and OMV SK successfully submitted its application for European funding for the project "Development of Ultra-Fast Electric Vehicle Charging in Central and Eastern Europe" and received approval of the grant contract from the European Climate, Environment and Infrastructure Executive Agency. OMV Petrom Marketing is the coordinator of the project, which aims to install more than 400 ultra-fast charging points with an installed capacity of 150 kW each by the end of 2025. Of these, 328 will be installed at 80 sites in Romania, 52 at 11 sites in Slovakia, and 28 at 7 sites in Hungary. 

Commenting on the project, Radu Căprău, OMV Petrom board member in charge of refining and marketing, said: "We are committed to helping our customers decarbonize their transport in every way possible and to offer them as many mobility options as possible. One form of this is to develop the infrastructure needed for alternative mobility. Over the past three years we have been installing charging points through partnerships and today we have taken the first steps towards building our own network of electric charging stations." 

"This project will further strengthen the transition to decarbonised mobility across Europe. The new charging points will benefit both citizens and operators by providing a seamless and interconnected network for their electric vehicles. Through this, they will contribute to the achievement of the European Green Deal targets," said Richard Ferrer, head of alternative fuels at the European Climate, Environment and Infrastructure Executive Agency (CINEA). 

The total investment value is estimated to be around EUR 39 mln, of which around EUR 15 mln will be provided by the European Union through the European Network Facility (CEF), around EUR 5 million through bank loans, and the remainder from OMV's own resources.

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