In Hungary, 28 ultra-fast charging points, each with a capacity of at least 150 kilowatts (kW), will be installed in seven locations.
The units will have a maximum charging capacity of up to 300 kW and will be able to charge a vehicle up to a range of 200 kilometers in about 10-15 minutes, depending on the capacity of the car.
The European Union is providing €1.05 million for the sites in Hungary, with the total cost of setting up the chargers amounting to €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. By attracting European funding, the development of these solutions will make a major contribution to economic growth in Hungary and Central and Eastern Europe", said Tibor Balogh, managing director of OMV Hungária.
The large project in Eastern and Central Europe is being implemented by a consortium of three companies: OMV Petrom Marketing SRL (OPM RO), OMV Hungária Ásványolaj Kft. (OMV HU), and OMV Slovensko SRO (OMV SK).
OMV Petrom Marketing is the coordinator of the project and aims to install 328 ultra-fast filling points in Romania, 11 in Slovakia, and seven in Hungary by the end of 2025.
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.
The total investment is estimated at €39 million, of which around €15 million will be provided by the European Union through the Connecting Europe Facility, almost €5 million from bank loans and the remainder from private resources.
OMV entered the Hungarian market in 1990. Budapest-based OMV Hungária Kft. operates 201 service stations and has a 15 percent market share in Hungary. OMV Hungária employs nearly 60 people directly and its network of service stations employs approximately 1,700 people. OMV generated revenues of €62 billion in 2022 and employs around 22,300 people worldwide.