Business | April 18, 2001, Wednesday // 00:00| Views: | Comments: 0

OMV Austria intends to acquire a 15% share of the BG oil market. Since 1998, when OMV Ltd. was set up, the Austrian corporation has invested $17 M in the construction of 17 commercial complexes for sale of oil products and other goods. According to the company`s strategy for the next five years OMV will become one of the biggest foreign investors in BG with capital exceeding $70 M. Another 47 complexes will be opened in BG by end-2001. By Y 2005 the number is expected to reach 70.
Business » Be a reporter: Write and send your article
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria