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Borealis


René Benko Business Scandal: Abu Dhabi's Ruling Family Demands Millions Back

The ruling family of Abu Dhabi, led by Crown Prince Mohamed bin Zayed al Nahyan, is demanding the return of 250 million euros from René Benko via the International Court of Arbitration (ICC) in Paris.
May 14, 2024
OMV's Borealis to Merge with Borouge in a 30 Billion Euro Deal

OMV's subsidiary Borealis is set to merge with the Abu Dhabi-based petrochemical company Borouge, creating a new global heavyweight in the chemical and plastic sector with an estimated value of 30 billion euros. This significant move marks a transformative step in the ongoing value creation and chemical growth strategy of both companies.
December 14, 2023


OMV's Polyolefins Business Cooperation: Concerns Raised as Greens Question Borealis' Future

Austrian energy company OMV has decided to pursue negotiations with ADNOC, the state-owned oil company of the United Arab Emirates, on potential cooperation of their polyolefins business. This reinforces certain concerns of the critical voices on the OMV-ADNOC deal.
July 16, 2023


OMV Subsidiary Borealis Declines Offer from Russia’s EuroChem for Fertilizer Business

The planned sale of the Linz-based fertilizer division of OMV chemicals subsidiary Borealis to Russian-Swiss group EuroChem has been canceled. According to a press release, Borealis has decided to reject EuroChem's offer.
March 14, 2022

Expo Dubai: Viennese Coffeehouse is Culinary Ambassador
The Viennese coffeehouse, Austrian Delight, is serving as the culinary ambassador for Austria at the World Expo in Dubai. Read about how the cafe is representing Austria and what else Vienna is offering at the World Expo.
November 11, 2021


New CEO for OMV: "Beginning of a Major Transformation"

The Austrian multinational company OMV has appointed a new CEO. After the current and parting CEO Rainer Seele has been facing heavy public criticism, OMV will now try to rebuild its image.
June 2, 2021


Austrian Multinational Company Loses Current CEO

The Austrian multinational corporation OMV has announced that its current CEO, Rainer Seele, will end his term in June 2022. Only recently, criticism against OMV and Seele have increased. Find out more about how his end at OMV and the criticism relate.
May 3, 2021



Kurz in the Emirates and in Kuwait - A Lipizzaner Stallion for the Monarch


Chancellor Kurz visited the UAE United Arab Emirates and the State of Kuwait with an extensive business delegation. Main purpose were deals in in the fields of energy, sustainability, infrastructure, transport and health. Also on the trip were 25 Lipizzan stallions of the Spanish Riding School including riders, which were on a tour in the Emirates. Kurz presented the Crown Prince of the UAE, Mohammed bin Zayed Al Nahyan, with a Lipizzan stallion as a gift from the Republic of Austria.
March 25, 2019


Borealis: Yearly Financial Report 2017

Borealis AG is declaring the following financial reports below-
March 9, 2018


Borealis AG / Half-year financial reporta ccording to art. 87 para. 1 Stock Exchange Act

Borealis AG is declaring the following financial reports below.
August 23, 2017


Borealis AG / Yearly Report

Borealis AG is declaring the following financial reports below.
February 24, 2017


Borealis AG / Half Yearly Report

Borealis AG is declaring the following financial reports below.
August 24, 2016


Borealis AG / Yearly Report

Borealis AG is declaring the following financial reports below.
March 4, 2016


Borealis AG / Half Yearly Report

Borealis AG is declaring the following financial reports below.
August 24, 2015


Borealis AG / Yearly Report

Borealis AG is declaring the following financial reports below.
March 11, 2015


Borealis AG / Borealis Technology Oy has received a re-assessmentdecision from the Finnish tax authority for the year 2008 to make an additionalpayment in the amount of EUR 281.7 million

Today, Borealis Technology Oy, a Finnish subsidiary of Borealis AG, Wagramer Strasse 17-19, 1220 Vienna ("Borealis"), has received a re-assessment decision from the Finnish tax authority regarding the year 2008.
December 29, 2014


Borealis AG / Half Yearly Report

Borealis AG is declaring the following financial reports below.
August 27, 2014


Borealis to Invest EUR 65 Million in Porvoo Borstar PE Plant

Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, has announced a major upgrading project at its production site in Porvoo, Finland.
June 28, 2013


Voestalpine´s Research Expenditures Have Tripled

Since 2000, voestalpine´s research expenses were up to € 132m. this corresponds to 1.1% of the total sales.
February 16, 2013


Borealis to Acquire Outstanding Shares of TOTAL Affiliate GPN SA

Borealis, an Austrian provider of chemical and innovative plastics solutions, has made a firm offer to TOTAL to purchase all outstanding shares of GPN SA, France’s largest nitrogen fertilizer manufacturer.
February 7, 2013


Borealis: Profits and Sales Increase Remarkably

The Austrian chemical group Borealis recorded a net profit of € 129m in the third quarter of 2012, an increase of € 22m compared to the third quarter of 2011
November 16, 2012


Borealis to Acquire Dutch DEXPlastomers

The Austrian chemical group expands into the Netherlands.
November 12, 2012


Borealis Posts Declining Net Income

Borealis recorded a net profit of € 112m in the second quarter of 2012 compared to € 168m during the same period in the record year 2011. Sales were down slightly.
August 24, 2012


Borealis delivers solid profits in a difficult market environment

Borealis recorded a net profit of € 112m in the second quarter of 2012 compared to € 168m during the same period in the record year 2011.
August 9, 2012


Alfred Stern Joins Borealis Executive Board

Borealis, an Austria provider of chemical and innovative plastics solutions, announces the appointment of Alfred Stern as Executive Vice President for Polyolefins, effective July 1, 2012.
July 2, 2012


Borealis Plans to Issue a Corporate Bond

The subsidiary of Austrian OMV and the Abu Dhabi investment fund IPIC may issue a corporate bond of up to € 200m.
June 20, 2012


Borealis: Intended New Bond Issue

The Austrian chemcial company intends to issue corporate bonds of up to € 200m.
June 14, 2012


Borealis: Slowdown in Net Profits

The Austrian chemical company Borealis recorded a net profit of € 140m in Q1 2012, compared to € 174m in Q1 2011. Net sales were up from € 1.86bn to € 1.88bn.
May 11, 2012


Borealis Shows Strong Growth

The Austrian chemical company announces a net profit of € 507m in 2011, compared to € 333m in 2010. Sales rose from € 6.27bn to € 7.1bn.
February 23, 2012


Borealis Acquired PEC-Rhin S.A. from GPN

The Austrian producer of synthetic products took over French PEC-Rhin S.A. A price was not announced.
February 1, 2012


Borealis to Acquire French Fertilizer Producer

The Austrian chemical company has made an offer to take over PEC-Rhin in its entirety.
November 25, 2011


Borealis’ Third Quarter Delivers Positive Results

The Austrian chemical company doubled its profit in an increasingly challenging market environment.
November 11, 2011


29 Austrian Companies Ranked in "EU Industrial R&D Investment Scoreboard"

Benteler International, Voestalpine, Borealis, Intercell, Zumtobel are the first five Austrian firms in the “EU Industrial R&D Investment Scoreboard”. The ranking was prepared by the European Commission.
October 19, 2011


Borealis Doubles Profit and Expects Challenging Market Conditions

The Austrian chemical company delivered strong second quarter results despite a softening market environment.
August 11, 2011


Borealis Records Strong Results in the First Quarter

The Austrian chemical company achieved a net profit of € 174m, an increase of € 120m. Both the Polyolefins and Base Chemicals businesses improved versus last year's results.
May 19, 2011


Vienna Stock Exchange: Winners and Losers (2011-04-13)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.
April 14, 2011


Borealis Invests in Linz

The Austrian-Arab plastics manufacturer builds a new plant for € 75m at the Upper Austrian location.
March 9, 2011


Significant Growth for Borealis

The Austrian chemical company records substantial growth in sales. Profits grew from € 38m to € 333m.
February 26, 2011