Romanian oil and gas company OMV Petrom, a part of Austrian OMV Group, said in a press release that it strongly rejects the allegations of non-payment of obligations to the state, brought last week during the meeting of the parliamentary commission for investigation of activities of the national energy regulator ANRE.
The statement from the company said that last fiscal control, targeting the oil and gas royalties for 2011-2015, was finalized without any findings in the second quarter of this year. OMV Petrom is the largest contributor to Romania’s state budget and the company always paid correctly and on time the obligations to the state budget, as evidenced by the tax certificates issued by the competent authorities. Since its entrance to Romanian market in 2005, OMV paid 24.5 billion euros to the state as taxes, fees and dividends, in additional to investments of over 13.5 billion euros. Since the company is listed on the Bucharest and London stock exchanges with local and international investors such unfounded accusations may affect both the company and its shareholders, including the Romanian state, press release from OMV Petrom said.
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Tags: corruption, investigation, OMV Petrom, Romania, tax