OMV AG (OMV)

Profile

https://www.omv.com

OMV AG is an integrated Austrian multinational company operating in oil, gas, and chemicals across three core pillars: Chemicals & Materials, Fuels & Feedstock, and Energy. It produces advanced polyolefin solutions, base chemicals, and leads in plastics recycling through subsidiaries like Borealis and joint ventures such as Borouge and Baystar, serving industries including consumer products, healthcare, infrastructure, and mobility in over 120 countries. In Fuels & Feedstock, OMV manages refineries in Austria, Germany, and Romania with a global processing capacity of around 500,000 barrels per day, alongside a network of 1,702 filling stations across eight European countries and expansions into EV charging and renewable fuels. The Energy segment focuses on exploration and production in North, Central, and Eastern Europe, with daily hydrocarbon output of 340,000 barrels of oil equivalent in 2024, plus gas marketing, storage, and power generation. Founded in 1956 and headquartered in Vienna, OMV AG employs nearly 24,000 people, drives circular economy innovations like ReOil® technology, and targets net zero emissions by 2050, playing a pivotal role in Europe's energy transition and sustainable materials supply.