Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/by_province/north_sea_rim/omv-presents-new-fit-for-the-future-strategy.shtmlOMV presents new 'fit for the future' strategy
OMV Executive Board presents the company's new strategic focus for the coming years.
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OMV Executive Board presents the company's new strategic focus for the coming years. 'Over the past months we have carefully examined the company's situation and the upcoming challenges. We are making OMV fit for a volatile market and fit for the future. The key steps have already been initiated'.
The priorities for the company in the coming years are as follows: Safeguarding cash flow, a sustainable resource base in the Upstream business, a further increase in competitiveness in the Downstream Oil division and restructuring the Downstream Gas business. The goal behind every project is an improved profitability.
