OMV Petrom To Extend Partnership with Auchan Retail Romania

The parties agreed on a Memorandum of Understanding that sets out the intentions of both parties to discuss further expansion of their partnership, pending final approval from the Competition Council.  

OMV Petrom published a document stating that they are looking to extend their partnership with Auchan Retail Romania, a Romanian retail company, for MyAuchan convenience stores in the Petrom filling stations. The parties agreed on a Memorandum of Understanding that sets out the intentions of both parties to discuss further expansion of their partnership, pending final approval from the Competition Council.  

The partnership between Petrom and Auchan Retail Romania was initiated in 2017, with a pilot phase which included opening MyAuchan convenience stores in 15 Petrom filling stations.

Note that the further details on the extension of the partnership will be published in the coming days, after finalization of discussions.

InterCapital
Published
Category : Flash News

Want to invest? Do not know how and where? Contact us and we will solve everything for you.