OMV adds new gas station service, plans portfolio expansion

According to Vlad Seitan, retail manager for OMV Romania, for each leasing payment in an OMV station customers will pay a commission of approximate EUR 1. Representative added that the company intends to develop its portfolio of auxiliary services in the near future. “We will concentrate on services in partnership with telecom providers or utilities. We are also discussing the opportunity to implement this service in partnership with UniCredit Leasing at PetromV's gas stations,” added Seitan.

UniCredit Leasing officials say they chose OMV to be their partner because of the brand they represent. “We chose OMV and not Petrom – the company that has more gas stations – because of the OMV's premium-brand and also because of the market share value,” said the chief financial officer of UniCredit Leasing, Christoph Siegl.

OMV Aktiengesellschaft reported 7 percent higher sales of EUR 4.6 billion for the first quarter of this year compared with same period of 2006.
The firm's EBIT is EUR 512 million, 5 percent less than in the first quarter in 2006.

According to OMV's financial information, Petrom's contribution to the EBIT was EUR 136 million. In the first three months of this year, Petrom registered a net profit of EUR 113 million, 2.3 times smaller that the same period in 2006 when the company reported a net profit of EUR 250 million.

Dana Ciuraru

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