Divestment of OMV’s business in Slovenia

As part of their EUR 2 billion disposal program, OMV AG has recently announced the second divestment package comprising Borealis’ nitrogen business and OMV’s business in Slovenia.

Construction of a Chain of Petrol Stations Countrywide

In the middle of May 2020, the state announced its intention for building a chain of petrol stations countrywide in order to improve competition on the market. Unofficially, the chain of petrol stations will not be wholly owned by the state, and the state will be looking for private partners, as well as project financing through loans. At the end of October, the Minister of Economy stated that the first step is the establishment of a State Oil Company, which will deal with tax warehouses to ensure competition in the market. The second step is the establishment of the chain of petrol stations by…

Possible Sale of Shares in the Largest Slovenian Energy Company, PETROL

The main business activity of the Slovenian largest energy company, Petrol, is trading in oil derivatives, gas and other energy products. The sale of (minority) shares is possible by one or more of the shareholders.