OMV: Republic of Austria Will Hold On to Its Stake

Politics ♦ Published: October 27, 2010; 19:22 ♦ (Vindobona)

An informal consultation is said to have been held between the governing parties to keep the government stake in OMV, should there be a capital increase.

OMV: Republic of Austria Will Hold On to Its Stake / Picture: © Wikimedia Commons / Mgr.Ing. Jozef Kotulič [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

The takeover of the Turkish Petrol Ofisi could lead to a capital increase. In this case, the State holding company ÖIAG wishes to take part in it. The government does not want to lose its influence at OMV, is being  rumored. It is even being said that there is an agreement in this case concerning the capital increase of the electricity group Verbund AG.

Currently, the State…

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