Sale of Croatian OMV Petrol Stations Begins

EnergyOil & Gas ♦ Published: December 9, 2011; 17:28 ♦ (Vindobona)

OMV´s current market share in Croatia is 13%. Almost every major oil company in Europe shows interest.

Sale of Croatian OMV Petrol Stations Begins / Picture: © Petrol

Last month, OMV announced to withdraw from Croatia and Bosnia. The OMV strategy is to sharpen up and simplify the company portfolio. This includes gradually shifting the portfolio away from Refining and Marketing towards Exploration and Production and Gas and Power.

For OMV, both markets are “not optimally integrated in OMV´s supply chain. Over the last years, OMV´s core…