Former Finance Minister Schelling to Be Appointed to OMV Supervisory Board

Former ÖVP finance minister Hans Jörg Schelling is to move into the supervisory board of the partly state-owned OMV. Various media report that this is being done at the request of senior government officials.

April 25, 2019

Roiss Claims Energy Strategy

Gerhard Roiss, CEO of the Austrian energy company OMV, warns of a withdrawal of the energy-intensive industry tot he U.S.

July 26, 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

Mitterlehner Suggests Dissolving ÖIAG

The Austrian Minister of Economics Reinhold Mitterlehner intends to privatizie the remaining stake in Telekom Austria. This could mean the end of the Austrian industrial holding.

June 16, 2012

Beyrer Leaves ÖIAG

The chairman of the Austrian industrial holding resigns and will switch to Brussels.

June 14, 2012

„Natural Gas to Become Most Important Energy Source“

Gerhard Roiss, CEO of the Austrian oil and gas group OMV pushes the EU to recognize the importance of natural gas.

April 7, 2012

IPIC Intends Further Increase in OMV

The second core shareholder of OMV, the Arab state fund International Petroleum Investment Company, which is situated in Abu Dhabi, plans another rise in its shareholding.

March 8, 2012

IPIC May Raise Stake in OMV

IPIC’s request to increase its stake in the Austrian oil and gas company OMV beyond 25% doesn’t require an approval by the Austrian Ministry of Economics.

February 3, 2012

Increase in IPIC´s Shareholding at OMV Approved?

Today, the Austrian Ministry of Economics announced to have decided over IPIC´s application. The Arab fund plans to increase its stake at OMV beyond 25%.

January 27, 2012

Vienna Stock Exchange: Winners and Losers (2012-01-03)

Daily News-Flash from Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers

January 3, 2012

Troubles at State Holding ÖIAG

The dividend policy at Telekom Austria is criticized fiercely. Moreover, the new core shareholders at Telekom and OMV cause fears of takeovers.

December 10, 2011

IPIC to Take Over OMV?

This week, IPIC announced to raise its stake in OMV. At the moment, the Arab investment fund holds 24.9% of OMV´s share capital.

December 9, 2011

IPIC to Acquire Blocking Minority Threshold

The core shareholder of the Austrian oil and gas company, the Abu Dhabi state fund IPIC, already owns a 24.9% stake. An increase beyond 25% has been announced.

December 6, 2011

OMV: No Sale of Stake in Borealis

The Austrian energy group OMV holds 36% of Borealis. IPIC, itself involved in OMV appears to be interested in the OMV share.

April 15, 2011

OMV: Republic of Austria Will Hold On to Its Stake

An informal consultation is said to have been held between the governing parties to keep the government stake in OMV, should there be a capital increase.

October 27, 2010
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