OMV
Austrian petrochemical company
Austrian petrochemical company
OMV, formerly an abbreviation for Österreichische Mineralölverwaltung Aktiengesellschaft (ÖMV) (English: Austrian Mineral Oil Stock Company), is the major integrated oil- and gas company in Austria with business activities, including fuels & feedstock, petrochemicals, and energy. The company was founded in 1956 and is headquartered in Vienna and trades on the Vienna Stock Exchange. Today, OMV supports the transition to a lower-carbon economy and has announced plans to achieve zero greenhouse gas emissions (GHS) by 2050 for Scope 1, 2, and 3 emissions, in alignment with the Paris Climate Agreement. In the 2021 Forbes Global 2000, OMV Group was ranked as the 413th largest public company in the world, in 2025 at rank #526. In June 2024, OMV introduced a new corporate identity. The new OMV brand and corporate design was presented as part of the company's Strategy 2030 and is said to reflect OMV's commitment to innovation, responsible transformation, and global impact.
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