Business divisions

2019 was an eventful year for OMV. 1 year, 365 days, 8,760 hours in which OMV has focused on growth, value and sustainability.

With the increase of OMV’s share in Borealis to 75%, OMV has begun its transformation from a traditional oil and gas company into a global gas, oil and chemicals group, which is active in over 120 countries on 5 continents. We have successfully extended our value chain that runs from the wellhead to the refinery through to high-quality plastics. With this, we are laying the foundation for OMV in a lower-carbon future. In order to reflect the structural changes of forward integration into the chemicals sector, OMV has adjusted its corporate structure. From now on, OMV’s reporting will be based on three strong pillars integrated along the value chain: Exploration & Production, Refining & Marketing, and Chemicals & Materials. In the first quarter of 2021, OMV achieved an exceptionally strong – despite the external circumstances – Clean CCS operating result of 870 million euros. This was 24% higher than in the same period last year following the successful diversification of the portfolio with the expansion of t

Image video presenting the most important projects/topics in a specific region/country. Where is OMV operating, why is OMV there and what is the company doing there exactly? We present the various OMV HUBs in fast alternating image-text-sequences. This kind of "Speed Dating" introduces each HUB with its story told by quickly listing several information (projects, topics etc.), accompanied by an image illustrating this information. It is not about the most important hard facts but rather about getting a good impression of the relation of OMV in the respective HUB. This idea allows us to get to know the HUBs step-by-step and – most important – to tell their story.

Image video presenting the most important projects/topics in a specific region/country. Where is OMV operating, why is OMV there and what is the company doing there exactly? We present the various OMV HUBs in fast alternating image-text-sequences. This kind of "Speed Dating" introduces each HUB with its story told by quickly listing several information (projects, topics etc.), accompanied by an image illustrating this information. It is not about the most important hard facts but rather about getting a good impression of the relation of OMV in the respective HUB. This idea allows us to get to know the HUBs step-by-step and – most important – to tell their story.

Image video presenting the most important projects/topics in a specific region/country. Where is OMV operating, why is OMV there and what is the company doing there exactly? We present the various OMV HUBs in fast alternating image-text-sequences. This kind of "Speed Dating" introduces each HUB with its story told by quickly listing several information (projects, topics etc.), accompanied by an image illustrating this information. It is not about the most important hard facts but rather about getting a good impression of the relation of OMV in the respective HUB. This idea allows us to get to know the HUBs step-by-step and – most important – to tell their story.

From the Soviet legacies to the biggest takeover in the history of Austria’s economy: The 65-year success story of our OMV is a thrilling one. At the same time we face perhaps the biggest challenge in the history of our company. A 55-minute TV documentary (Krone.TV “Deep Dive”) explores the transformation of OMV and shines a spotlight on the history of our company: Its importance for Austria, the internationalization of our business segments, the transformation to chemicals including the Borealis acquisition, as well as promising projects related to sustainability, the circular economy, and hydrogen.

In the first 9 months of 2021, OMV achieved an outstanding Clean CCS Operating result of nearly 4 billion euros. That’s the highest result ever recorded in the first three quarters in OMV’s history. It’s also an acknowledgment of the groundbreaking direction that OMV embarked on with the acquisition of the additional stake in Borealis in October 2020.