OMV: No Withdrawal from Germany

EnergyOil & Gas ♦ Published: July 19, 2012; 19:40 ♦ (Vindobona)

The Austrian oil company and petrol station operator will not sell the petrol station business in Germany. By contrast, the downsizing program in the SEE region and in the Czech Republic will be continued.

OMV: No Withdrawal from Germany / Picture: © Wikimedia Commons / Mgr.Ing. Jozef Kotulič [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

OMV´s CEO Gerhard Roiss rejected rumors on a potential withdrawal from Germany. The petrol station network in Germany should not be sold, he explained. OMV will stay there. „We have no other plans at the moment.“ Roiss commented. OMV operates 325 petrol stations in Germany. Most of them are located in the state of Bavaria. The rumors occured after analysts considered that OMV may…