In accordance with its growth strategy, Austrian energy group OMV acquired 51% of Romanian oil and gas group Petrom in December 2004. As a result, OMV has now doubled its market share in the Danube region to 18% to become the largest oil and gas company in South-East Europe. The acquisition, the largest in OMV's history, represented the biggest foreign investment ever by an Austrian company. The deal meant that OMV, with 6,500 staff, acquired a former public company with more than 50,000 employees. Capgemini was invited to collaborate with OMV in developing the post-acquisition strategy for the Finance and IT division and conducting the implementation.
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