NN Group raised its holding in Petrom to over 5% on January 4, reaching 2.85 billion shares/voting rights, an investment assessed at RON1.08 billion based on current share prices.
Petrom is 51% owned by Austrai’s OMV, the Romanian state owns 20.6%, Fondul Proprietatea owns 6.9%, and 21.3% is the company’s free-float on the Bucharest and London stock exchanges.