Ad-hoc Report - Follow-up on the adhoc announcement dated November 16, 2011 with regards to the Eco Premium investigation by the Romanian Competition Council against Petrom
Date of report: 10.01.2012
Name of issuer: OMV PETROM S.A.
Headquarters: Bucharest, Coralilor nr. 22, sector 1 ("Petrom City")
Telephone, fax number: +40 372 429082/ +40 372 868518
Sole registration number: 1590082
Fiscal attribute: R
Trade Register Number: J 40/8302/1997
Share capital: 5,664,410,833.5 RON
Regulated market on which the issued shares are traded: Bucharest Stock Exchange
Significant event to be reported:
Follow-up on the adhoc announcement dated November 16, 2011 with regards to the Eco Premium investigation by the Romanian Competition Council against Petrom
OMV Petrom SA ("Petrom") and OMV Petrom Marketing SRL (100% subsidiary of Petrom), were informed by the Romanian Competition Council about the result of the antitrust investigation regarding the withdrawal of the retail product Eco Premium (unleaded gasoline pre-mixed with lead substitute) from the Romanian fuels market. The authority imposed a fine of RON 366,530,965 on Petrom. The fine applicable to OMV Petrom Marketing SRL amounts to RON 137,288,031.
Petrom and OMV Petrom Marketing SRL are of the opinion that the fines imposed are not justified, and both companies will challenge the Competition Council’s decision in the courts.
Chief Executive Officer
President of the Executive Board