Oil and gas company OMV Petrom, a member of Austrian OMV Group, announced that two of its subsidiaries – OMV Petrom Marketing and OMV Petrom Aviation will merge by absorption.
OMV Petrom Aviation distributes kerosene for airplanes, while OMV Petrom Marketing is running the petroleum products sales. The merger, which will take place on 1 November this year, will reduce administrative and operational costs and will accelerate decision-making process in the company.
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