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OMV´s Petrol Stations: Potential Buyers in Sight

Published: April 17, 2012; 16:14 · (Vindobona)

The Austrian oil and gas company OMV plans to sell its petrol stations in Croatia and Bosnia. Local investors show interest.

OMV´s Petrol Stations: Potential Buyers in Sight / Picture: © OMV AG

OMV continues to sell petrol stations in several foreign markets. The reason behind the downsizing strategy is that OMV needs € 1.0bn until 2014 in order to strengthen the gas business. However, OMV did not arrive to a final decision yet. OMV said this in its recent strategy update. Also in the refining segment, sales are planned. A detailed sale plan has not been…

This article includes a total of 400 words.

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