OMV mulls exit from Bulgaria, other CEE countries.

By bne IntelliNews October 5, 2011
Austrian oil and gas major OMV is reportedly considering selling its refineries and filling stations in Bulgaria, Czech Republic, Hungary, Slovakia, Bosnia and Herzegovina, Reuters informed. The company will use the proceeds to finance its more profitable natural gas production unit. OMV entered Bulgaria in 1998. It runs 87 OMV filling stations and 5 Avanti filling stations.

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