The performance and risks evaluation oof an investment in Romanian oil and gas industry - the case of OMV PETROM Cover Image

Evaluarea performanței și riscurilor unei investiții de extindere în industria de petrol și gaze naturale din România pe cazul OMV PETROM
The performance and risks evaluation oof an investment in Romanian oil and gas industry - the case of OMV PETROM

Author(s): Mihai – Valentin Porojan, Alexandru Popescu
Subject(s): Politics / Political Sciences, Economy, National Economy, Business Economy / Management, Governance, Financial Markets
Published by: EDITURA ASE
Keywords: performance; risk; investment; forecast; diagnosis;

Summary/Abstract: Investment and financing decisions are the basis of any development strategy, both at micro and macro level. Drawing up a feasibility study is an indispensable tool for any company that wants to rigorously substantiate an investment, especially in the case of large investment projects. The study presents the results of the feasibility analyze for an investment to expand the company OMV Petrom through the construction of a new fuel depot in the North-East region of Romania, respectively in the city of Botosani. By conducting the feasibility study, it is highlighted the performance and risks corresponding to this investment which aims to strengthen the position of OMV Petrom regionally, without affecting existing relationships with its own stakeholders, being compatible with its internal structure. To substantiate the investment decision we used both classical evaluation indicators, such as NPV, RIR, RIRM, TR and IP, as well as modern methods, such as sensitivity analysis and scenario technique. Also, this study contains a substantiation of the financing structure, starting mainly from the conclusions provided by the financial diagnosis of the company.

  • Issue Year: 2018
  • Issue No: 6
  • Page Range: 273-301
  • Page Count: 29
  • Language: Romanian