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About OMV

OMV produces and markets oil and gas as well as chemical products and solutions in a responsible way and develops innovative solutions with a special focus on circular economy. In 2022, Group sales amounted to EUR 62 bn. With a year-end market capitalization of around EUR 16 bn, OMV is one of Austria’s largest listed industrial companies. The majority of its roughly 22,300 employees work at its integrated European sites.

Our purpose

In 2022, OMV implemented a new Group-wide purpose as a fundamental part of our new strategy for becoming a leading company in sustainable fuels, chemicals, and materials. Our new purpose, “Re-inventing essentials for sustainable living,” guides the Company like a North Star, toward its goal of becoming a net-zero emissions company. To ensure this purpose is fully embraced, we have designed new values and behaviors that align with our new direction. The new values will be launched in 2023, to empower our employees and drive our Company toward a sustainable future.

Our business segments

In Chemicals & Materials, OMV is one of the world’s leading providers of advanced and circular polyolefin solutions with total polyolefin sales of 5.7 mn in 2022 (2021: 5.9 mn t). It is also a European market leader in base chemicals, fertilizers*On June 2, 2022, Borealis received a binding offer from AGROFERT, a.s. for the acquisition of its nitrogen business including fertilizer, melamine and technical nitrogen products., and plastics recycling. The Company supplies services and products to customers worldwide through OMV and Borealis, and its two joint ventures: Borouge (with ADNOC, based in the and Singapore) and Baystar™ (with TotalEnergies, based in the US).

In Refining & Marketing, OMV operates three refineries in Europe, Schwechat (Austria) and Burghausen (Germany), both of which feature integrated petrochemical production, and the Petrobrazi refinery (Romania). In addition, OMV holds a 15% share in ADNOC Refining and in ADNOC Global Trading in the UAE. OMV’s total global processing capacity amounts to around 500 . Fuels and other sales volumes in Europe were 15.5 mn t in 2022 (2021: 16.3 mn t) and the retail network consists of around 1,800 filling stations in ten European countries. In the Gas & Power Eastern Europe business, OMV Petrom operates a gas-fired power plant in Romania and is engaged in gas and power sales. In 2022, natural gas sales amounted to 36.2  (2021: 39.6 TWh) and net electrical output was 5.0 TWh (2021: 4.8 TWh).

In Exploration & Production, OMV explores, develops, and produces oil and gas in its four core regions of Central and Eastern Europe, the Middle East and Africa, the North Sea, and Asia-Pacific*On February 27, 2023, OMV announced the start of the sales process for its E&P business in the Asia-Pacific region.. Daily production was 392 kboe/d*Production figures in 2022 include 17 kboe/d from Russia (2021: 96 kboe/d); OMV no longer considers Russia a core region as of March, 2022. Furthermore, Russian volumes are no longer included in total production, due to a change in the consolidation method. in 2022 (2021: 486 kboe/d), with a roughly equal share of natural gas and liquids production. In the Gas Marketing Western Europe business, OMV markets and trades natural gas with sales volumes amounting to 111.2 TWh in 2022 (2021: 156.8 TWh). Furthermore, OMV operates natural gas storage facilities with a capacity of 30  and holds a 65% stake in the Central European Gas Hub ().

Our new corporate structure

To drive sustainable growth and innovation, starting with January 1st, 2023, OMV reorganized its corporate structure in three business segments: Chemicals & Materials, Fuels & Feedstock, and Energy.

For more information about the new corporate structure and the Strategy 2030, see the chapter Strategy.

Our value chain

Swipe and click on the selected area below to find out more about the OMV value chain.

Click on the selected area below to find out more about the OMV value chain.

Chemical Recycling

OMV is currently constructing a demo plant based on its proprietary ReOil® technology which will turn plastic waste, not fit for mechanical recycling, into valuable resources. In addition, Borealis has a controlling stake in Renasci, a Belgian provider of innovative recycling solutions.


OMV operates three refineries in Europe and holds a 15% share in ADNOC Refining in the UAE, where it processes sustainable and fossil-based feedstocks into a wide range of refined products.

Base Chemicals

Base chemicals are produced at five major sites in Europe and at the joint ventures of Borealis, Borouge and Baystar. Most of the base chemicals are processed internally into polyolefins.

Mechanical Recycling

Borealis runs four mechanical recycling plants in Austria and Germany, where plastic waste is processed into high quality recyclate.


Through Borealis, OMV is one of the largest polyolefin (polyethylene and polypropylene) producers in Europe and among the top ten producers globally, serving customers in more than 120 countries.


Consumer Products










Through Borealis, OMV provides innovative and value creating plastics solutions to five end-use industries:

Fuels & Others

OMV sells its refined products via several retail filling station brands and also serves a large base of commercial customers.

Crude Oil & NGL

Crude oil and NGL are marketed on global markets, while Austrian and Romanian production is predominantely supplied to OMV’s refineries.

Natural Gas

OMV markets natural gas, from equity production and third-party supply, in several European countries.


OMV Petrom is a licensed power supplier in Romania and offers solutions for the electricity supply to end customers.

Gas Fired Power Plant

In Romania, OMV Petrom produces electricity in a gas-fired combined-cycle power plant.

Natural Gas Storage

OMV runs natural gas storage facilities, which are well connected to the pipeline grid and in the vicinity of important urban areas of consumption.

Supply & Trading

OMV markets and trades crude oil, natural gas, and refined products on global markets, with a focus on securing supply and generating value.

Hydrocarbon Production

OMV explores, develops, and produces hydrocarbons (crude oil, natural gas and NGL).

Renewable Energy

OMV is utilizing renewable energy, such as photovoltaic, primarily for powering its own operations, and plans to build up a renewable energy portfolio with a strong focus on geothermal energy.

Circular Resources

OMV aims to further increase its use of circular resources such as bio-feedstocks, for example waste and residue streams, as well as cultivated algea, plastic waste, and green hydrogen. Furthermore, OMV is also actively looking into synthetic fuels and feedstocks based on CO2.

  • Circular Resources and Products
  • Crude Oil and Hydrocarbon Products
  • Natural Gas
  • Electricity

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United Arab Emirates
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Central European Gas Hub