OMV Petrom to invest over one billion euros in 2017 – Romania, 26 April 2017

OMV Petrom, Romanian subsidiary of Austrian OMV Group and the largest oil and gs company in the country, estimates that the investment for 2017 will amount to over one billion euros, which is an increase of 83 % compared to some 550 million euros invested in 2016.
The main investment focus continues to be on the upstream segment, which accounts for some 91 % of the total investments planned for 2017, namely around 915 million euros, while some 70 million euros will be invested in the downstream segment.



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