fév.
25
2009 | OMV to Sell its Italian Filling Station Network
OMV subsidiary - OMV Italia S.r.L with a total of 96 filling stations in the Triveneto region (North Italy) - is up for sale
OMV to focus on filling station business in the Danube region, South-Eastern Europe and the Black Sea region
OMV, the leading energy group in the European growth belt, is to withdraw from the Italian market. Its subsidiary, OMV Italia S.r.L. with a network of 96 filling stations in the Northern-Italian region of Triveneto (Trentino, South Tirol, Fiuli-Venezia Giulia, Veneto) is to be sold by year-end 2009. OMV will be focusing on its filling station business in the growth markets of the Danube region, South-Eastern Europe and the Black Sea region.
OMV has been active In Italy since 1991, solely in the filling station business. OMV Italia S.r.L. currently employs a staff of 19 people at its Verona-based office.
Against the backdrop of rising competition in the European filling station market, OMV is continually working to enhance its filling station network. The company is increasingly focusing on markets that offer high growth potential and the best prospects of achieving high market shares such as the Danube region, South-Eastern Europe and the Black Sea region. Conversely, the Italian market is highly saturated and offers little opportunity for further development.
The sale of OMV Italia should be finalized by year-end 2009. Discussions with potential acquirers will be carried out in the coming months. OMV assumes that the acquirer will continue to operate the company on the same scale as to date.
The first Italian OMV filling station was opened in Nalles (South Tirol) in 1991. In the following years, the filling station network was expanded to a total of 96 stations. In 2008 OMV’s market share amounted to approximately 3% in Northern Italy and to 0.4% nationwide.
Source : Communiqué OMV
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