Bosnias Optima interested in OMVs filling stations in Bosnia, Croatia.

By bne IntelliNews December 12, 2011
Bosnian energy firm Optima Group is interested in acquiring the filling stations of Austria's OMV in Bosnia and Croatia, Opitima Group general manager Jurij Belov told Reuters. Belov said such a takeover is in line with their strategic plans to expand in the Balkans. On Dec 6, OMV said it intends to sell its subsidiaries in Bosnia and Croatia. The Austrian company operates in the retail and commercial segment in both countries. In Bosnia, OMV has 28 filling stations and an 8% market share. In Croatia, the Austrian company has 63 filling stations and a market share of about 13%. OMV said it will launch talks with potentially interested parties in the next few months, assuming that the buyer will keep running the businesses on the same scale as before. Optima Group owns Bosnia's sole oil refinery Brod, motor oil refinery Modrica and the Nestro filling station chain. The group is owned by Russias NeftegazInKor, which in turn is majority owned by Russian state-run oil and gas company Zarubezhneft.

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