Vienna - Austrian oil and gas group OMV AG announced Monday it would sell all its filling stations in Italy, saying it wanted to focus on Eastern Europe instead.
By retreating from the Italian market, the company is stepping up the restructuring of its filling station network.
By the end of the year, OMV will seek to sell its Italian daughter firm, which owns 96 stations located in the north of the country.
The company said it would focus on markets with higher growth potential like the Danube region, South-Eastern Europe and the Black Sea region.