Ex-OMV boss Roiss for complete sale of OMV state shares – company

Vienna – Austria should withdraw from the mineral oil company OMV as long as its 31.5 percent stake is still worth something. That’s what former OMV CEO Gerhard Roiss says in an interview with “Profil” magazine on Saturday. The timing is good: “The oil and gas prices are high, and so are the valuations of the energy companies. If the state intelligently plans the exit from OMV, it can achieve five billion in the next three or four years, with a little skill up to ten billion euros,” says Roiss, who was CEO of OMV from 2011 to 2015.

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