Energy - Oil & Gas

OMV to Sell Petrol Stations to Slovak Slovnaft

Published: November 22, 2011; 16:26 · (Vindobona)

The Austrian oil and gas group OMV has already announced its downsizing strategy in the petrol station business. Slovnaft, a Slovak subsidiary of the Hungarian MOL, shows interest.

OMV to Sell Petrol Stations to Slovak Slovnaft / Picture: © Petrol

The OMV plans to sell 220 petrol station in the Czech Republic. The reason: OMV needs € 1.0bn until 2014 in order to strengthen the gas business. The new company strategy promotes the expansion of this company segment. However, OMV did not arrive to a final decision yet.

“We have to verify if the revenues in a series of countries justifies our presence there.”, OMV´s CEO…

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OMV to Sell Petrol Stations to Slovak Slovnaft

The Austrian oil and gas group OMV has already announced its downsizing strategy in the petrol station business. Slovnaft, a Slovak subsidiary of the Hungarian MOL, shows interest.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.