OMV Petrom, the largest integrated energy company in Southeast Europe, is starting a new project to support the circular economy by signing a partnership with Flip.ro. Thus, more than 500 mobile terminals intended for scrapping were purchased by the company Flip.ro and will be refurbished and resold with a 12-month warranty. The contract between the two companies, signed for a period of three years, provides for the takeover of over 2,500 mobile terminals.

“By putting refurbished mobile terminals back into circulation, we contribute to reducing the volume of waste and carbon emissions. We thus prove that circular economy projects can be successfully implemented on the Romanian market,” says Alina Popa, CFO of OMV Petrom.

“We are glad that such an important company, such as OMV Petrom, has chosen to get involved in this important circular economy project. Through this collaboration, we put hundreds of new terminals back on the market and thus contribute to the protection of the environment. We are convinced that other companies will follow the example of OMV Petrom and will choose to recycle mobile terminals that would otherwise have become waste,” adds Nicolae Trofin, Chief Sales Business, Partnerships, at Flip.ro.

OMV Petrom also supports other circular economy projects with social impact. The company was actively involved in putting refurbished computers back into circulation, through the Let’s click on Romania project, developed through a partnership between private companies, the NGO Ateliere fără Frontieră and 230 schools from disadvantaged areas. During the project, 4,000 refurbished computers were donated to 110 public schools. Through this project, the emission of almost 600 thousand kg of CO2 was avoided.

OMV Petrom has set out to achieve carbon neutrality for its own operations by 2050 and to contribute to the decarbonisation process of its customers. To generate new projects with low and zero carbon emissions, the company will invest 3.7 billion euros from the 11 billion euro investment plan until 2030. This is the largest private investment plan in the Romanian energy sector.