Romania to sell OMV Petrom shares

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Business

The Romanian Ministry of Economy intends to put up 11.84 per cent shares in OMV’s Romanian subsidiary Petrom for sale, it was reported yesterday (Thurs).The Ministry published a draft resolution saying it intended to sell a package of 6.7 million shares accounting for 11.84 per cent of the share capital of SC OMV Petrom.Romanian Times […]

Duropack to acquire Belisce

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Business

Vienna-based packaging company Duropack is reportedly planning to take over Croatian paper and plastic products manufacturer Belisce.The Zagreb stock exchange announced yesterday (Thurs) that Duropack would make an offer for all Belisce’s shares it does not already own. The Austrian firm has 26.7 per cent of them.Duropack purchased 20 per cent of Belisce’s shares two […]