Economic growth enables OMV Petrom to increase fuels price
Thursday, October 25, 2007
The economic growth of Romania, reflected in bigger salaries, enables the Austrians with OMV Petrom to increase fuels price, Ziarul Financiar daily writes on Monday.Petrom wants to reach a 20 percent market share in Bulgaria and Serbia, countries where, under the OMV brand (its majority shareholder), it already has sales of 1 billion euros along the OMV Romania network. The price of the oil barrel, which has reached 90 dollars, has a negative effect on the petrol station business, but the ...