In 2011, OMV Petrom contracted a credit line totaling EUR930 million, with three-year maturity, for general financial needs, including the financing of its investment program. The loan replaced credit lines worth EUR875 million contracted in 2008 and 2009, falling due in 2012, which remained unused.
OMV Petrom reported a net profit of RON2.1 billion in 2014, down 56% from a record RON4.82 billion in 2013. Its sales dropped to RON21.5 billion last year, from RON24.1 billion in 2013.
The company is controlled by Austria’s OMV.