University POLITEHNICA of Bucharest is the oldest and most prestigious engineering school in Romania. Its traditions are related to the establishment in 1818 by Gheorghe Lazar, of the first technical school with teaching in Romanian.
UPB assumes the mission to train specialists in different technical fields, able to use valuable scientific, technical and cultural-humanistic knowledge, to contribute to the technological, economic and socio-cultural progress of the Romanian society and of the contemporary world. UPB ensures the achievement of a performance education, developed and perfected through a complex research activity, continuing the tradition of the Polytechnic School of Bucharest, in accordance with the exigencies and the means offered by the modern informational society.
UPB's mission has been thought over as a blend of education, research and innovation, which represents a key towards a knowledge-based society and economy. Creating knowledge mainly by scientific research, giving it out by education and professional training, disseminating it by information technologies, as well as the use of technological innovation are elements that define the university distinctive profile.
The engineering profession has continuously transformed and adapted itself to the new demands of the society, but being an engineer, a person who knows and is able to make life more comfortable, has remained unchanged.
ROMGAZ is the largest natural gas producer and the main supplier in Romania. The company is listed on Bucharest Stock Exchange. The majority shareholder is the Romanian State owning a 70% stake. The company has a vast experience in the field of gas exploration and production, with a history that began in 1909 and spans more than 100 years. ROMGAZ undertakes geological exploration with the aim of discovering new gas reserves, produces methane by exploiting the reservoirs included in the company’s portfolio and stores natural gas in underground storages; it performs well interventions, workover and special operations, and ensures technological transportation professional services. In 2013, ROMGAZ extended its scope of work by taking over Iernut thermoelectric power plant, becoming electricity producer and supplier. On August 1, 2022, ROMGAZ became sole shareholder of ROMGAZ BLACK SEA LIMITED (established ExxonMobil Exploration and Production Romania Limited), following the completion of the sale transaction, and the transfer of all issued shares (representing 100% of the share capital of) ExxonMobil Exploration and Production Romania Limited, which holds 50% of the acquired rights and obligations under the Petroleum Concession Agreement for the Deep Water Zone of XIX Neptun offshore block located in the Black Sea.