How resilient is OMV's business model to lower oil prices?
OMV CEO Sees Investors Regaining Trust in Company
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Business, Social Studies
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University
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Hard
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The transcript covers OMV's strategies to regain investor trust, manage cash flow, and divest assets in Turkey. It discusses plans to invest in Russia despite sanctions, aiming to leverage low-cost production. The company targets a 10% production increase by 2019, focusing on Libya and Kurdistan. OMV is adapting to lower oil prices by cutting costs. The transcript also touches on European political dynamics and their economic implications.
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3 questions
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What strategies is OMV implementing to cut operating expenses?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the expected impacts of European politics on the economy?
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