Romania: OMV Petrom to acquire Art Petrol
The country’s leading gas station chain would add 8 locations with the purchase.
OMV Petrom, the leader of the Romanian fuel retail market, wants to purchase the Art Petrol network, which includes eight petrol stations in the southern part of the country.
The operation is currently being reviewed by the Competition Council as they explore the impact on the market.
By the end of 2018, OMV Petrom Marketing was operating a network of 794 fuel stations in the region, under two brands, OMV and Petrom. Its network includes 564 retail stations in Romania. The company is also active in the fuel wholesale segment, serving a wide range of industrial customers.
Art Petrol SRL owns eight petrol stations located in Bucharest and in Ilfov, Ialomița, Dâmbovița, Teleorman, Giurgiu and Argeș counties.
