OMV Condemned by Antitrust Authorities

EnergyOil & Gas ♦ Published: January 11, 2012; 14:57 ♦ (Vindobona)

Petrom, a subsidiary of the Austrian oil and gas company has to pay a € 85.2m fine in Romania.

OMV Condemned by Antitrust Authorities / Picture: © Wikimedia Commons / Waerfelu [CC BY-SA 3.0 (]

OMV Petrom SA, the 51.01% subsidiary of OMV Aktiengesellschaft and OMV Petrom Marketing SRL (100% subsidiary of OMV Petrom), were informed today by the Romanian Competition Council about the result of the antitrust investigation regarding the withdrawal of the retail product Eco Premium (unleaded gasoline pre-mixed with lead substitute) from the Romanian fuelsmarket. The authority has…