Petrom to change name to OMV Petrom

On its next shareholder meeting due on September 20, Petrom (BSE: SNP) will propose to change the name of the company into OMV Petrom and the modification of the certificate of incorporation, according to a notification sent to Bucharest Stock Exchange.OMV is currently holding 51.01% equity in Petrom, the other shareholders being the Ministry of Economy with 20.63% and Fondul Proprietatea with 20.11%.The 45% profit fall in H1 2009 to 923 mln lei was weighed down by crude oil price decline ...

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