Government to sell 1% stake in OMV Petrom to ex-employees by end-2023

Government said it has approved the sale of 1% stake in oil and gas group OMV Petrom [BSE:SNP] to former employees of the company by the end of next year. In its decree, the government is complying with a High Court of Cassation and Justice ruling from 2019, which required the state to sell up to 8% of the shares in OMV Petrom to employees, government spokesman Dan Carbunaru said during a press briefing on ...

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