OMV starts sales process for its German filling station business
OMV, the international, integrated oil and gas company headquartered in Vienna, starts the sales process for the potential divestment of its filling station business in Germany.
The group subsidiary OMV Deutschland GmbH operates a network of 287 filling stations in southern Germany with focus on Bavaria and Baden-Württemberg. The successful VIVA world of indulgence is offered at 195 sites. OMV filling stations are service centers for mobile customers and provide numerous products and top quality services as well as a wide range of local services.
With this potential sale of the OMV filling station business in Germany, OMV Aktiengesellschaft promotes its portfolio management actively in the direction of sustainable and profitable growth.
OMV Aktiengesellschaft
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.