OMV Petrom Authorizes a Plot of Land in Bucharest for 14-storey Blocks

12 May 2026

OMV Petrom is taking steps to authorize a 3.5 ha plot of land in Bucharest, suitable for the construction of apartments. OMV Petrom owns a 35,644 square meter plot of land on Şoseaua Vergului in Bucharest, which it has been trying to sell since 2009.

 

If last year the company obtained an urban planning certificate for information, to see what can be built on it, now OMV Petrom has an urban planning certificate for the construction of a residential complex, with 14-story high-rise buildings.

 

The plot is located near the Esplanada shopping center and the Malaxa hospital. Right next to this plot, Granitul SA, controlled by businessman Ion Țiriac, owns a plot of land with real estate potential.

 

Source: economica.net

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