OMV Petrom increases the investments in 2018 by 58%, to 5.5 billion lei

The Ordinary General Meeting of Shareholders approved OMV Petrom S.A.’s 2018 investment budget of 5.55 billion lei, up 58% from the 2017 investment (3.52 billion lei). The main destination of the investments is the Upstream segment, for which approximately 4.7 billion lei (84% of the budget) were budgeted, followed by Downstream Oil with an investment budget of 818 million lei for 2018. Shareholders also approved the Director’s proposal to distribute dividends of 0.02 lei ...

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