Austria's OMV takes controlling stake in Turkey's Ofisi

摘要

Austria's OMV plans to turn Turkish fuel retailer Petrol Ofisi into an "integrated energy company" with gas and power assets, according to company ceo Wolfgang Ruttenstorfer. OMV has announced a $1.4 billion deal to buy the 54% stake in Ofisi held by Turkey's Dogan Holding, boosting OMV's interest in Ofisi to 95.8%.rnOfisi is the leading Turkish fuel retailer with some 2,500 retail stations and a market share of around 27% in Turkey. OMV plans to strengthen the company's brand in Turkey and also bring in other assets to make Ofisi an integrated oil, gas and power company. Ruttenstorfer said Turkey would become a third hub for OMV after Austria and Romania.