OMV Petrom to put EUR 800 million in exploration and production
Petrom runs a network of 550 gas stations in Romania and 268 gas stations internationally. OMV Petrom exploits oil and gas reserves in Romania and has an annual refinery capacity for 8 tonnes. IT posted EUR 3 billion in revenues last year, with its EBITDA at EUR 696 million. The company's majority shareholder is Austrian OMV.