The OMV Executive Board presented the company’s new strategic focus for the coming years.
Over the past months we have carefully examined the company’s situation and the upcoming challenges. We are making OMV fit for a volatile market and fit for the future. The key steps have already been initiated.
Rainer Seele, CEO OMV AG
The priorities for the company in the coming years are as follows: Safeguarding cash flow, a sustainable resource base in the Upstream business, a further increase in competitiveness in the Downstream Oil division and restructuring the Downstream Gas business. The goal behind every project is an improved profitability.
OMV CEO Rainer Seele gives more details on the new strategy in the following video message:
Downloadable text version of his video statement:
Speech of OMV CEO Rainer Seele on Strategy 2016