Submitted by OMV
The global spread of the corona virus has not only suddenly changed our social life, but also disrupted usual supply chains and supply routes. OMV's primary task is to supply the country with energy in a safe and responsible manner. As one of the largest listed industrial companies in Austria, OMV also bears social responsibility for society. For this reason, OMV is supporting relief flights of the Austrian Federal Government for public health facilities and aid organizations that have become necessary due to the coronavirus crisis with Jet A1 fuel worth up to EUR 500,000. The relief flights operated by Austrian Airlines will bring urgently needed medical materials such as protective suits, masks and disinfectants directly to Austria.
“Health and well-being are our top priority, both in our own company among our employees and in our social responsibility. This is why we support the relief flights of the Austrian government, which bring urgently needed materials into the country in such a difficult supply situation – to protect the entire population, especially people in medical professions”, says Rainer Seele, Chairman of the OMV Executive Board and CEO.
OMV produces and markets oil and gas, innovative energy and high-end petrochemical solutions – in a responsible way. With Group sales of EUR 23 bn and a workforce of around 20,000 employees in 2019, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. In Upstream, OMV has a strong base in Central and Eastern Europe as well as a balanced international portfolio, with Middle East & Africa, the North Sea, Russia and Asia-Pacific as further core regions. Daily average production was 487,000 boe/d in 2019. In Downstream, OMV operates three refineries in Europe and owns a 15% share in ADNOC Refining and Trading JV, with a total annual processing capacity of 24.9 mn tons. Furthermore, OMV has a 36% participation in Borealis, one of the world’s leading producers of polyolefins. The Company operates about 2,100 filling stations in ten European countries. OMV runs gas storage facilities in Austria and Germany; its subsidiary Gas Connect Austria GmbH operates a gas pipeline network in Austria. In 2019, gas sales volumes amounted to around 137 TWh. Sustainability is an integral part of OMV’s corporate strategy. OMV supports the transition to a lower-carbon economy and has set measurable targets for reducing carbon intensity and introducing new energy and petrochemical solutions.
For further information, please contact:
OMV Public Relations: Andreas Rinofner, Tel.: +43 1 40440 21357, e-mail: email@example.com
OMV Investor Relations: Florian Greger, Tel.: +43 1 40440 21600, e-mail: firstname.lastname@example.org
OMV produces and markets oil and gas, innovative energy and high-end petrochemical solutions - in a responsible way. With Group sales of EUR 23 bn and a workforce of more than 20,000 employees in 2018, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. In Upstream, OMV has a strong base in Romania and Austria as part of the Central and Eastern Europe core region as well as a balanced international portfolio, with Russia, the North Sea, the Middle East and Africa as well as Asia-Pacific as further core regions. In Downstream, OMV operates three refineries and more than 2,000 filling stations in ten countries.
We supply the society with energy reliably and responsibly - but we want more: We want to shape the energy of tomorrow. That's why we have set ourselves sustainability targets for 2025. This not only means 19% less CO2, using resources more efficiently and developing CO2-neutral energy sources - we will also use waste as a new raw material. With our ReOil innovation, we are turning plastic waste back into high-quality oil. This will enable us to recycle up to 50% of Austria's plastic waste and make it useful again.
To learn more about OMV’s sustainability please visit https://www.omv.com/en/sustainability.
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