Petrol Ofisi

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OMV Petrol Ofisi A.Ş.
Anonim Şirket
Traded asBİST: PTOFS
IndustryOil and gas
Founded1941 (1941)
FounderGovernment of Turkey
HeadquartersMaslak, Istanbul
Area served
Turkey & Georgia
Key people
Gerhard Roiss (Chairman)
Gülsüm Azeri (CEO)[1]
ProductsPetroleum, natural gas, lubricants
ServicesService stations
RevenueIncrease Turkish lira symbol 8x10px.png 19.548 billion (2011)[1]
Increase Turkish lira symbol 8x10px.png 287 million (2011)[1]
Increase Turkish lira symbol 8x10px.png 201 million (2011)[1]
Total assetsIncrease Turkish lira symbol 8x10px.png 4.642 billion (2011)[1]
Total equityIncrease Turkish lira symbol 8x10px.png 577 million (2011)[1]
Number of employees
1,020[1]
ParentOMV[1]
Subsidiaries
Websitewww.poas.com.tr

OMV Petrol Ofisi A.Ş. is a Turkish fuel products distribution and lubricants company. It is owned by Austria's OMV.

Petrol Ofisi had 3000 fuel stations in 2010.[2]

History[edit]

It was established on February 18, 1941 as a state owned company to import, stock, refine and distribute petroleum products. It became a joint stock company in 1983.[citation needed]

On July 24, 2000, the company was privatized, and initially 51% of the shares were purchased by Doğan Holding. On March 13, 2006, the Austrian petroleum company OMV bought 34% of the stake for US$1.054 billion. After this stock exchange, the share of Doğan Group decreased from 86.7% to 52.7%. On October 22, 2010 OMV announced that it will buy 54.17% shares from the Doğan Holding for the sum of EUR 1 Billion, setting its total stake in the company to 95.75%.[3] The transaction remained subject to approval by relevant authorities until December 22, 2010 when it was completed.[4]

See also[edit]

References[edit]

  1. ^ a b c d e f g h "ANNUAL REPORT 2011" (PDF). OMV Petrol Ofisi A.Ş. Retrieved 30 June 2012.
  2. ^ Hurriyet Daily News, 24 October 2010, Doğan sells Petrol Ofisi stake to Austria's OMV
  3. ^ Press release from omv.com, October 22, 2010
  4. ^ Press release from petrom.com, December 22, 2010

External links[edit]