Petrom is worth more than OMV - Azi

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Petrom"s main assets, i.e.

crude oil reserves, two refineries - Petrobrazi and Arpechim, and petrol station network are currently worth over 35 billion dollars (21.8 billion euros), two and a half times more than a year ago, according to a report issued by Raiffeisen Centrobank Austria (RCB) on the stock of OMV group, Petrom"s majority shareholder. RCB analysts forecast that OMV"s assets (excluding stakes in other companies) are worth 30.2 billion dollars (18.8 billion euros). Petrom"s...

Read the whole story in: Ziarul Financiar