Company – The OMV Group

With Group sales of EUR 62 bn and 22,300 employees*, OMV is Austria’s largest listed industrial company. As a global energy and chemicals company, we intend to become a leading provider of sustainable fuels, chemicals and materials by 2030 with a focus on circular economy solutions – and deliver on our pledge to reach net zero by 2050.
_{*(31.12.2022; incl. Borealis)}

Key figures

Our Business

Chemicals & Materials

Chemicals & Materials

OMV, through its subsidiary Borealis, is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers, and plastics recycling. Together with its two major joint ventures – Borouge (with ADNOC, in the UAE and Singapore) and Baystar™ (with TotalEnergies, in the USA) – Borealis supplies products and services to customers across the globe.

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Fuels & Feedstocks

Fuels & Feedstocks

OMV produces and markets fuels as well as feedstock for the chemical industry, operates three refineries in Europe, and holds a 15% stake in a refining joint venture in the UAE. OMV operates around 1,700 filling stations in eight European countries. In addition, the activities include Gas & Power Eastern Europe where it also operates a gas-fired power plant in Romania.

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Energy

Energy

OMV explores and produces oil and gas in the four core regions of Central and Eastern Europe, Middle East and Africa, North Sea, and Asia-Pacific. Average daily production in 2021 included production from a joint venture in Russia and amounted to 486,000 boe/d with a focus on natural gas (~60%). As of March 1, 2022, Russian entities are no longer consolidated. Its activities include Gas Marketing Western Europe, where it also operates gas storage facilities in Austria and Germany.

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Climate Targets

We pledge to become a net-zero company by no later than 2050. That’s why we are reducing emissions in operations (Scope 1 & 2) by 30% by 2030 and those of our product portfolio (Scope 3) by 20%. Portfolio upgrades, enhancing efficiency, increasing renewable energy purchases, reducing throughput and sales of fossil refinery products, and increasing the share of recycled and sustainable feedstocks will be the key levers in achieving these targets All targets are in line with the Paris Agreement and the implementation will be monitored by independent bodies.

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More related information

Useful Links

• Our Strategy 
• Investor Relations
• Executive Board
• History

Downloads
Group Presentation (PDF, 2,2 MB)
OMV group organization chart  (PDF, 500,1 KB)