OMV announced on Thursday the sale of the business in Slovenia, where it operates 120 gas stations, under the OMV, Eurotruck, Avanti and Diskont brands.
With its limited integration within the Downstream oil value chain, the divestment of this business represents a further step in OMV’s portfolio optimization.
This transaction is a new step in optimizing OMV’s portfolio and is part of the second package of assets put up for sale.
Also, OMV’s subsidiary Borealis has decided to start a process of divesting its nitrogen business unit including fertilizer, technical nitrogen and melamine products.
The company’s share in fertilizer production sites in The Netherlands and Belgium (“Rosier”) is not presently being considered within the potential sales process.
