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Romania: OMV Threatened by Extraordinary Tax
Romania´s new Minister of Economics Daniel Chitoiu forces OMV´s subsidiary Petrom to pay higher taxes.

OMV faces difficulties in Romania. The Minister of Economics Chitoiu made an offer to Petrom. Either OMV´s subsidiary pays a higher fee on oil production before 2014 or Petrom has to pay an extraordinary tax due to “extraordinary profits”.
Before, Romania´s President Traian Basescu criticized OMV sharply several times. Petrom posted a record profit last year, of € 886 m,…
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