OMV Claims $27.5 Million Refunds From Romanian State, ZF Reports

Austria’s OMV AG (OMV) is claiming 91.6 million lei ($27.5 million) from the Romanian state for unpaid decontamination work carried out between 2009 and 2010 at its local unit, Ziarul Financiar reported today, citing a document on the Environment Ministry’s website.

OMV, central Europe’s biggest oil company and owner of Romania’s OMV Petrom SA (SNP), has filed a claim against the Balkan nation at the International Court of Arbitration in Paris to ask for the money, the Bucharest-based newspaper said.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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