OMV
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Gazprom, SOCAR To Battle Local Heavyweights For A Slice Of Romania's Fuel Retail Market
Romania’s fuel distribution market caught the eye of international groups such as Gazprom or SOCAR, even though some 90% of local sales go to four major companies.
Petrom In Talks With Gazprom-Held NIS To Sell About 130 Gas Stations
OMV Petrom (SNP.RO), the largest Romanian company, is looking into the possibility of selling about 130 gas stations, almost one quarter of its entire network, to Gazprom's Serbian subsidiar...
OMV Awaits Romanian Fiscal Frame To Complete 10-Year Strategy For Petrom
Gerhard Roiss, the head of Austrian oil group OMV, Thursday said he has informed Romanian President Traian Basescu and Prime Minister Emil Boc on the group’s strategy for activities in Roman...
Romania To Launch Petrom SPO In Two Weeks - Sources
The Economy Ministry is likely to launch its planned secondary public offering for 9.84% in dominant oil company OMV Petrom (SNP.RO) on July 11 or July 12, participants in the capital market...
OMV Share Sale Below Vienna Bourse Price Might Delay Petrom Offering
Austria’s OMV, the majority shareholder of Petrom (SNP.RO), sold all the new shares issued as part of its capital increase, but the price at which the offering ended, EUR27.5/share, was lowe...
CNVM OKs Preliminary Prospectus For Petrom Stake Sale
Romania’s securities commission CNVM Wednesday approved a preliminary prospectus for the sale of a 9.84% stake in dominant oil company OMV Petrom (SNP.RO).
How OMV Could Affect Romania's Plans For Petrom Offer
Austrian group OMV, majority shareholder of OMV Petrom (SNP.RO), could need a capital increase this year to refinance some of the loans taken out to make acquisitions in Turkey (Petrol Ofisi...
OMV Says Won’t Bid In Petrom SPO
Austria’s OMV, majority owner in Romanian leading oil company Petrom (SNP.RO) Tuesday said it won’t participate in a 9.84% secondary public offering in Bucharest slated to take place in the...
OMV’s Romanian Energy Trading Unit Starts Activity
Austrian oil group OMV on Friday announced, without additional details, that its Romanian energy trading unit, OMV Trading, completed its first energy deal.