OMV Petrom SA - Company Profile
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OMV Petrom SA (OMV Petrom), a subsidiary of OMV AG, is an integrated oil and gas company. Market presence, integrated business model and increase in working capital are its strengths, even as the decline in business performance of the exploration and production segment remains a cause for concern. Nevertheless, strategic growth initiatives, increasing demand for energy and an increase in upstream investments could provide adequate growth opportunities for the company. However, exploration, production and development risks, fluctuations in oil and gas prices and intense competition could affect its operations.
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