OMV strengthens headquarters in Vienna

• Group-wide responsibilities for HR, Finance and IT to be bundled in Vienna 
• OMV to create more than 250 new, high-skilled jobs in Austria 

In recent years OMV has achieved significant growth and adopted a more international focus. A high degree of digitization along with centralized data collection and processing represent key success factors in every activity. But they also require the corresponding core competencies to be bundled together. Austria has a proven track record as home to the OMV Group's research and innovation center, from where digital technologies will increasingly be developed and rolled out internationally.

This is why OMV is expanding the role of the group's headquarters in Vienna. As a global governance and business center, the headquarters will be responsible in future for all group-wide activities in Finance and HR, as well as digitization and IT. The transformation will be implemented in stages by the end of 2020.

Rainer Seele, Chairman of the Executive Board and CEO of OMV: "With this move we are creating more than 250 new, high-skilled jobs in Austria, where our roots lie. This will facilitate global steering from Vienna, as well as allowing us to drive forward digitization, technology development and innovation."

OMV announced this new approach today in Vienna in the course of a joint press conference with Austrian Chancellor Sebastian Kurz: "I welcome every additional job created in Austria. This not only sends a positive signal to the labor market, but also benefits Austria as a business location. What's more, it bolsters us in implementing our digitization offensive," said the Austrian Chancellor.

 
Background information:

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 more than 20,000 employees in 2018, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. In Upstream, OMV has a strong base in Romania and Austria as part of the Central and Eastern Europe core region as well as a balanced international portfolio, with Russia, North Sea, Middle East and Africa as well as Asia-Pacific as further core regions. 2018 daily production stood at approximately 427,000 boe/d. In Downstream, OMV operates three refineries with a total annual processing capacity of 17.8 mn tons and more than 2,000 filling stations in ten countries. OMV runs gas storage facilities in Austria and Germany; its subsidiary Gas Connect Austria GmbH operates a gas pipeline network in Austria. In 2018, gas sales volumes amounted to around 114 TWh. Sustainability is an integral part of the corporate strategy. OMV is set to invest EUR 500 mn in innovative energy solutions by 2025.