OMV Petrom S.A. (BVB:SNP) signed an agreement to acquire 50% stake in Respira Verde Srl on November 23, 2023. The transaction is subject to fulfilment of certain conditions, including the clearance of the Competition Council and of the Commission for Screening of Foreign Direct Investments. The closing of the transaction is expected to take place in the first quarter of 2024.

In the first quarter of 2024, OMV Petrom received the approval from Romanian authorities for the acquisition of 50% stake in Respira Verde.