OMV trajectory in Romania: from zero to Petrom's control

Petrom's privatization was the most difficult such process in Romania, that it is still contested nowadays, reads Ziarul financiar on Wednesday in a commentary that follows the trajectory of Austrian OMV Co. until the takeover of the Romanian oil company.Everything started less than a year since the setting up of the oil company in 1997 and included two privatization attempts. Petrom was included in the privatization program on 1998, the Minister of Industries Radu Berceanu announcing the ...

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