OMV
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Austria’s OMV Comes Up With EUR41M For Service Center In Romania
Austria’s OMV, which controls Romania’s leading oil and gas company Petrom (SNP.RO), invested EUR41 million to start activities at the OMV Petrom Global Solutions service center of Romania.
OMV: Petrom’s Gas Sales Down 18% On Year In 1Q/2014
Romanian leading oil and gas company OMV Petrom (SNP.RO) reported 18% lower gas sales volumes to 13.47 terawatts per hour in the first quarter of 2014, mostly due to a milder winter and weak...
East Wants Bigger Share Of Romania’s Fuel Market
State-owned oil companies of Kazakhstan, Azerbaijan and Russia came to control half of network-affiliated gas stations on the Romanian market.
Romania, Likely To Enter New Investment Stage
Four of the parent companies of the 20 largest Romanian firms boasted share increases by as much as 53% on international markets in 2013, the best year for the Western stock exchanges after...
Davies, OMV: Romania’s Planned Tax On Special Constructions To Hinder Investments
Romania’s newly announced tax on special building structures sends a negative signal to the business community and is likely to hinder further investments, an official with Austrian oil and...
OMV Wants To Turn Romania Into Gas Exporting Country
Austrian group OMV, majority shareholder of Romanian leading oil and gas company OMV Petrom (SNP.RO), wants to turn Romania from importer into exporter of natural gas, said OMV head Gerhard...
OMV Petrom 3Q Net Profit Up 47% To RON1.3B
Romania’s leading oil and gas company OMV Petrom (SNP.RO) Thursday reported a 47% increase in its third-quarter net profit to 1.27 billion lei (EUR286.7 million), helped by higher oil prices...
OMV To Hire 1,600 New Staff For E&P Operations By 2016
Austria’s oil and gas company OMV is looking to recruit 1,600 technical staff by 2016 to work for its exploration and production units, including in Romania, the company said in a statement...
OMV Earmarks EUR55M To Cover Loss Triggered By Nabucco West
Austrian group OMV, owner of Romania's largest company OMV Petrom (SNP.RO), booked a special charge of EUR55 million in the second quarter, resulting from the write-down of assets related to...