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OMV Petrom: Investment as Partnership-When It Takes Three to Tango
Roscini, Dante; Moloney, Emer; Beyersdorfer, DanielaCase HBS-716035-EEconomicsPetrom was privatized by the Romanian state in 2004 and acquired by Austrian oil company OMV, with the state retaining a 20.6% stake in the company. The situation was particularly challenging for the foreign investor since the sector in which the company operated was strategic, was regulated by the Romanian state and the company was a key employer and tax payer in a country that was undergoing major structural change. Under OMV and CEO Mariana Gh...Starting at €8.20