OMV
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.
History
Founding and Early Years (1956–1987)
OMV Aktiengesellschaft was officially registered on 3 July 1956, succeeding the Soviet Mineral Oil Administration (Sowjetische Mineralölverwaltung, SMV), which had been established in the Soviet occupation zone of post-war Austria. In 1960, the company opened the Schwechat refinery near Vienna, marking its entry into crude oil processing.
In 1968, OMV signed its first natural gas supply contract with the Soviet Union, establishing itself as a key supplier in Central Europe. In 1970, the Adria–Vienna Pipeline (AWP) entered service, creating a crude oil link from the marine terminal at Trieste, Italy to OMV's Schwechat refinery near Vienna.
Begin with the source’s own compact description: “OMV” is austrian petrochemical company. The dossier treats that line as a proposition to test through Austrian, petrochemical and company, not as a finished interpretation.
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Chronology, provenance and viewpoint should be read together before a broad social or political interpretation is accepted. The source revision retrieved here is dated Sep 22, 2026. The linked authority identifier is Q168238. VIAF identifies the subject as 152413222. The Library of Congress control number is n50059593. 4 of 11 selected statements include explicit references; 8 carry qualifiers and 1 use preferred rank. The first chronological checks are 1956, 2050, 2021 and 2000.
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This entry incorporates text from “OMV” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.