OMV AG - Company Profile
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OMV AG (OMV) is an integrated oil and gas company. The company carries out the exploration of oil fields, refining of crude oil, and operation of natural gas transmission pipelines. OMV produces, markets, and processes a range of chemical, oil, and gas products. It refines crude oil and processes it into petroleum products. It operates natural gas transmission pipelines in Austria; and operates a gas-fired power plant in Romania. The company operates refineries in Austria, Germany, and Romania. OMV facilitates the transit of gas in Austria and carries out gas storage, marketing and trading operations. The company explores oil fields in Central and Eastern Europe; the North Sea; and the Middle East and Africa. OMV is headquartered in Vienna, Austria.
OMV AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Aviation Fuel | Storage | VIVA |
| Diesel | Supply of electricity and gas | OMV eMotion |
| Natural Gas | Petrom | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In November, the company and Masdar entered into an agreement to launch a joint venture for the construction of the 140 MW green hydrogen electrolyser plant in Bruck an der Leitha, Austria. |
| 2025 | Others | In July, the company's 24.9% stake to be acquired by XRG P.J.S.C. |
| 2025 | Contracts/Agreements | In May, the company entered into a non-binding Letter of Intent with Masdar to explore the joint development of green hydrogen, synthetic sustainable aviation fuel, and other sustainable products. |
Competitor Comparison
| Key Parameters | OMV AG | Shell plc | BP Plc | TotalEnergies SE | Equinor ASA |
|---|---|---|---|---|---|
| Headquarters | Austria | United Kingdom | United Kingdom | France | Norway |
| City | Wien | London | London | Courbevoie | Stavanger |
| State/Province | Oberosterreich | England | - | Ile-de-France | Telemark |
| No. of Employees | 22,315 | 85,000 | 93,700 | 102,887 | 25,155 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Alfred Stern | Chief Executive Officer; Chairman | Executive Board | 2021 | 60 |
| Lutz Feldmann | Chairman - Supervisory Board | Executive Board | 2023 | 68 |
| Reinhard Florey | Chief Financial Officer | Senior Management | 2016 | 60 |
| Martijn van Koten | Executive Officer - Refining; Director | Executive Board | 2021 | 55 |
| Daniela Vlad | Director - Chemicals and Materials- OMV Aktiengesellschaft | Executive Board | 2023 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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