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Compliance Management

OMV operates in many countries with different cultures and laws. OMV has set up a compliance organization which ensures that OMV‘s standards are implemented consistently and that operations comply with local laws. OMV is the first Austrian company with a certified compliance management system based on the IDW PS 980 standard.

The OMV compliance organization manages

  • Anti-Corruption and Business Ethics
  • Prohibition of Insider Trading and Market Abuse
  • Antitrust Law
  • Trade Sanctions

The compliance organization is a cross-national organization of dedicated experts which is led by the Chief Compliance Officer. He reports directly to the Executive Board and to the Supervisory Board.

Find more information in OMV Code of Business Ethics.

Whistleblowing – Do not keep violations against compliance obligations to yourself

Corruption, conflicts of interests or violations of competition law and capital market laws are serious risks for the OMV – not only in terms of potential financial loss but also with regard to a potential loss in reputation and image. Your cooperation is important for our fight against – and prevention of – such misconduct. Should you know about any such incidences within the OMV Group, where you doubt them being in compliance with the legal regulations or the Code of Business Ethics, then please contact us directly or via our new Whistleblowing Platform.

The Whistleblowing Platform enables you to inform us about potential violations – confidentially and, if you wish, anonymously – around the clock, seven days a week and in 10 different languages around the world. This information system fulfils every OMV security requirement and is technically serviced by an independent operator. Only OMV Compliance will process the contents of your messages.

Via our Whistleblowing Platform you can inform us about violations in the following categories:

  • Corruption and bribery
  • Conflict of interests
  • Competition law
  • Capital market laws

You can support our work by voluntarily forwarding your details (telephone and cell phone number, email address), so we can contact you, should we have any questions. We take all your information seriously and guarantee confidential treatment – within the legal requirements. You can be sure that we thoroughly examine every piece of information and that you will not suffer any disadvantages as a result of having reported it to us. You can trust us, as we trust you to have given us your information in good faith. However, please note that knowingly providing wrong information is liable to prosecution in many countries. You can obtain further information about how we deal with the messages we receive on the home page of the notification system “Whistleblowing Platform”.

Inquiries to Compliance

If you have any questions concerning compliance issues or if you need advice, you can reach Compliance at compliance@omv.com.

Thomas Hölzl is our Head of Compliance:
Thomas Hölzl
OMV Aktiengesellschaft
Head of Compliance
Trabrennstraße 6-8
1020 Wien
Tel.: + 43 (1) 40440-23760
thomas.hoelzl@omv.com