According to the media, Gazprom Neft, through its Serbian subsidiary NIS, is preparing to enter Romania through the purchase of 60 filling stations from OMV Petrom. The rumours come after the recent announcement that NIS purchased 28 filling stations in Bosnia Herzegovina from OMV. We have no indication on the transaction value. However we see the news as positive for Petrom due to the expected inflow of cash and as the decision would be in accordance with its strategy to focus on E&P.
Source Balkans
