#OMV today reported significant progress on its Strategy 2030 to become an integrated sustainable energy, fuels and chemicals company. The company announced updated financial and strategic targets, reflecting the influence of economic and geopolitical volatility on OMV’s businesses. To further strengthen financial resilience, OMV adjusts cumulative organic CAPEX by a total of EUR 5 billion between 2026 and 2030, enhances efficiency, and de-risks its transformation by strategically adjusting the pace of its sustainable investments. OMV CEO Alfred Stern: "Our updated targets and strategic initiatives reinforce OMV’s long-term resilience and prepare us for a successful future amid a challenging environment. We are dedicated to responsible growth and value creation for our stakeholders. With strong progress on the Neptun Deep project and the expansion of our diversified gas portfolio, we are ideally positioned to secure energy supply in Europe and strengthen our market position. The creation of Borouge Group International marks a significant milestone in our Chemicals’ strategy, providing access to attractive growth regions and advanced technology. Our shareholding in Borouge Group International, the renewable fuels projects and our portfolio of gas projects are key strategic growth drivers for the future.” #ForwardforGood Discover more here: https://lnkd.in/daXrrabZ
Amazing 😍
Lassen Sie uns weiterhin unser unendliches Leben aus der Genialität der Elemente der Natur gestalten.
Senior Expert Biofuels Technologies
1wCongratulations OMV!