The Fuels business segment refines crude oil and other feedstocks. Its activities include refining, supply and trading, commercial, and retail. OMV owns a total refining capacity of around 500 kbbl/d, with three wholly owned refineries in Europe and a 15% share in ADNOC Refining & ADNOC Global Trading. In Europe, refining activities are highly integrated with marketing to serve a strong branded retail network and a broad base of commercial customers. Total fuels and other sales volumes in Europe amounted to 16.39 mn t in 2025. The strongly branded retail network comprising 1,708 filling stations accounted for around 35% of sales volumes, while commercial customers were mainly from the road and air transportation and construction sectors and accounted for the remaining sales volumes.
Refining Including Product Supply and Sales
OMV’s European refineries achieved a utilization rate of 89% in 2025, which was mainly influenced by maintenance activities in Burghausen at the crude distillation unit in March and the coker unit in October and November. It was also attributable to a cleaning shutdown of the Petrobrazi refinery in May. Despite this challenging economic and operational environment, OMV provided a reliable supply to its B2B customers and achieved excellent business results with high commercial sales in 2025. In response to active market developments and prospecting, OMV expanded its commercial products and services offer, driving transformation with value-added and more sustainable solutions. For details about the development of the refining indicator margin Europe, please refer to Business Environment.
OMV continued its profitable expansion in the aviation business while successfully meeting the EU SAF mandate through an effective sourcing strategy and strategic investments in state-of-the-art blending facilities at the Schwechat refinery in Austria and the Burghausen refinery in Germany. In addition, OMV remains committed to accelerating SAF adoption beyond regulatory requirements and enabling customers to achieve their sustainability goals, exemplified by an innovative demand aggregation model developed and implemented in collaboration with Airbus. With these steps OMV is setting important milestones to develop the European SAF market for OMV’s first large-scale renewable fuels and chemicals plant at the Petrobrazi refinery in Romania, for which construction commenced in February 2025. For details about our sustainable fuels business, please refer to Innovation and Technology.
OMV also maintains a strong focus on enhancing its product and service offering for commercial road transport, expanding its 360° mobility offer with sustainable solutions such as HVO100 fuel and electric charging and launching its first operational B2B EV truck depots. Customer excellence remains a priority, reflected in OMV’s outstanding Net Promoter Score of +76 in 2025 – a clear signal of our commitment to continuous improvement and long-term partnerships.
ADNOC Refining and ADNOC Global Trading
Alongside majority shareholder ADNOC (65%) and Eni (20%), OMV (15%) is a strategic partner in ADNOC Refining, which operates the world’s fourth-largest refining complex with integrated petrochemicals business.
In 2025, ADNOC Refining improved the reliability of its assets and achieved high utilization rates with no major unplanned shutdowns, while benefiting from a favorable margin environment in the second half of the year. During the first half of 2025, its business experienced a slowdown in line with global market trends. Focusing on continuous optimization, ADNOC Refining successfully switched its crude intake, as the Crude Flexibility Project allowed the refinery to process a wider range of feedstocks and thus realize the full potential of this complex refinery and its product portfolio.
With the same ownership structure as ADNOC Refining, ADNOC Global Trading (AGT) trades the majority of ADNOC Refining’s export volumes of products and supplies non-domestic crudes, condensates, and other liquids for processing. By continuously optimizing trade flows in cooperation with ADNOC, AGT allows ADNOC Refining to access competitive international feedstock sources. During 2025, AGT delivered another year of very strong performance, further expanding its trading portfolio and global geographical reach with the opening of a new Geneva office in addition to its international presence in Singapore.
Retail
The Retail business achieved a strong result in 2025 and again proved to be a stable outlet for refinery products and a robust cash generator. Total sales were 5.7 mn t, equivalent to approximately 7 bn l, strongly supported by the ongoing growth in the fuel cards business. In addition, OMV benefited from the acquisitions of the truck-focused AP network in Austria and the B2C network of BENZINOL in Slovakia completed in 2024. At the end of the year, the network comprised 1,708 filling stations (2024: 1,702).
The rollout of the new OMV Group logo has been successfully extended across all countries and resulted in the rebranding of almost 30% (285 filling stations) of the OMV-branded network. The exception was Moldova, where only Petrom-branded sites operate.
OMV especially benefited from its proven multi-brand strategy in a challenging price environment. The OMV brand is positioned as a premium brand, with VIVA representing a strong shop, gastronomy, and service offering, while the unmanned Avanti brand in Austria and the Petrom brand in Romania serve price-sensitive customer groups. Sales of OMV’s premium-brand fuel MaxxMotion continued to grow and contributed to the overall Retail result as a high-margin product.
In addition, OMV focused on the B2B and commercial road transport (CRT) business by implementing a strong customer-focused strategy and expanding its CRT-dedicated outlets under the brand AP in Austria and Hungary. The non-fuel business outperformed the 2024 figures, with strong growth in all business segments: shop, gastronomy, and car wash. Meaningful growth of MaxxMotion, fuel consumption, and non-fuel business turnover has been observed among loyal customers, strongly supported by loyalty and targeted activities within the MyStation mobile app for cross- and upselling.
OMV is successfully pursuing its electromobility journey as an integrated eMobility provider in Austria, Hungary, Romania, and Slovakia. In addition, in September 2025, the final investment decision was taken to build a high-performance charging network in the Czech Republic together with PRE, a leading electric mobility provider in the country. OMV also piloted its first chargers in Bulgaria. By the end of 2025, OMV was operating 1,689 high-performance charging points (2024: 804).