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21.04.2019

OMV: On April 18, 2019, OMV, the international integrated oil and gas company based in Vienna, published its 14th Sustainability Report. The OMV Sustainability Report provides a detailed overview of the company's sustainability performance, along with its activities, achievements and challenges. In November 2018, OMV launched its Sustainability Strategy 2025 with 15 measurable targets in five focus areas of sustainability. Acknowledging the goals set forth by the Paris Climate Change Agreements, OMV included targets directed on reducing the carbon intensity of its operations and product portfolio. The Sustainability Report provides an overview of OMV's plans to reaching these sustainability targets.  Rainer Seele, OMV Chairman of the Executive Board and CEO: “The global energy landscape is shaped by growing energy demands. As a socially responsible company, we must strike the right balance between affordable energy, security of supply, and climate protection." To find this right balance in conducting business responsibly and transitioning towards a lower-carbon future, OMV is working on increasing the supply of natural gas to its customers. Natural gas already accounts for 57% of the OMV upstream portfolio. OMV will also increase the use of crude oil as a feedstock for petrochemicals. OMV will invest up to EUR 500 mn by 2025 in innovative energy solutions for a lower-carbon future. These include the ReOil innovation project targeted at integrating the circular economy into the oil value chain, and Co-Processing technology directed at reducing greenhouse gas emissions. With its business and community development activities, OMV already helps to make life better for people in 23 countries.
OMV: weekly performance: 3.30%

Strabag: Züblin International Qatar L.L.C., a member of construction group Strabag, has signed a contract for the design and construction of an infrastructure project in Doha, Qatar, worth Euro 113 mn. The company will build a wastewater pumping station by July 2021. “Our geographic focus is on Europe. But we also work on large infrastructure projects internationally when our technological expertise is needed,” says Strabag CEO Thomas Birtel.
Strabag: weekly performance: 6.04%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (19/04/2019)


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1. Börsianer Messe: OMV-CEO Rainer Seele



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