Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: OMV


Related Topics

In the News (Tue 29 Dec 09)

  
  OMV reports 3Q profit drops 5 pct. - Boston.com
Austrian oil and gas company OMV reported a 5 percent drop in third-quarter net profit Wednesday, due in part to falling refining margins.
In a statement, OMV also said it expects 2006 results to be similar to those in 2005 -- a slight lowering of its previous forecast, when it said annual results would be above those of last year.
Refining margins are likely to stay at the third-quarter level for the rest of the year, thus overall significantly weaker than the strong levels of 2005, OMV said.
www.boston.com /business/articles/2006/11/15/omv_reports_3q_profit_drops_5_pct   (274 words)

  
  OMV - Wikipedia, the free encyclopedia
OMV is Austria's largest oil-producing, refining and gas station operating company.
OMV owns a 45% stake in Bayernoil-Raffinerieverbund and a 51% stake in Romania's Petrom SA.
Furthermore OMV holds 10% of Hungary's MOL and 35% of Borealis.
en.wikipedia.org /wiki/OMV   (93 words)

  
 OMV   (Site not responding. Last check: 2007-11-02)
Russian gas exports in Europe are carried by OMV pipelines.
Davies, who was lured from Morgan Crucible by OMV in April 2002, is playing an important role...
Furthermore OMV holds 10% of Hungary's MOL and 25% of Borealis.
hallencyclopedia.com /OMV   (364 words)

  
 Presseportal: OMV Aktiengesellschaft - euro adhoc: OMV Aktiengesellschaft / Mergers - Acquisitions - Takeovers / ...
OMV believes that this efficiency, together with optimisations both at corporate level and in the upstream, gas and petrochemical divisions, will help the combined group to deliver total pre-tax synergies of approximately EUR 400 mn per annum identified to date by OMV.
In particular, OMV proposes to retain and build on the leading position that MOL has in Hungary and has indicated to the Hungarian Government that it is willing to discuss a number of measures that reflect the importance of Hungary to the combined group.
The Board of OMV believes that the combination is in the interests of all stakeholders in MOL and OMV, and will therefore be actively seeking to engage in discussions with key stakeholders with a view to achieving the removal of the technical impediments.
www.presseportal.de /pm/25311/1054532/omv_aktiengesellschaft/rss   (1616 words)

  
 OMV to buy Verbund for about $16.5 billion - Boston.com
The combined company, to be known as OMV Verbund, will have a market capitalization of around 29 billion euros ($36.8 billion), combining the assets of OMV, already the region's largest oil and gas concern, with Verbund to serve an estimated 100 million customers.
OMV said it expected the deal to result in revenue and cost benefits of at least 100 million euros ($100 million) a year, and called the move "a win-win situation for both partners."
OMV and Verbund said they expected the deal to be completed by the end of the year, subject to approval by the Austrian parliament and European Union regulatory authorities.
www.boston.com /business/articles/2006/05/10/omv_to_buy_electric_company_verbund   (553 words)

  
 OMV - Move & More.
OMV is not liable for incorrect or incomplete information stated on the OMV website, therefore all decisions made and based on information provided on the OMV website are solely the user’s responsibility.
OMV is not liable for immediate, concrete damages or consequential damages or other damages of any kind, arising for any reason whatsoever in connection with the direct or indirect use of the information provided by the OMV website, including (hyper-) links.
OMV issues no warranty or guarantee for the fact that the OMV website or its content is available at all or available without interruptions, is free of errors or that errors are resolved.
www.omv.at /portal/01/at/cxml/04_Sj9SPykssy0xPLMnMz0vM0Y_Qj4o3i_c1sPRw8ww1CnU0MTLwNvWON_Nw1w9KzdMvyHZUBAAyiHkx   (1233 words)

  
 OMV Newsletter - 1999 Fall/Winter Edition   (Site not responding. Last check: 2007-11-02)
Accidents are reported to OMV on the SR-10 personal accident report form which is supposed to be completely filled out and turned in to this office by all owner/drivers involved in an accident with vehicle damage of $500 or more or any accident in which there was any physical injury sustained by anyone involved.
By state law, it is the responsibility of the vehicle owner to file the SR-10 with OMV and the owner must complete and sign the document before filing it with this office along with proof that the vehicle was insured at the time of the accident.
Many people believe that OMV reports to their insurance company that they were at fault in an accident when, in truth, an official driving record only shows that you were involved in the accident as the owner, driver, or both.
www.dps.state.la.us /omv/4q1999p2.html   (1006 words)

  
 OMV Makes $20 Bln Hostile Move on MOL on BNET
OMV said it was ready to offer 32,000 forint for each MOL share, or 3.5 trillion forint ($20 billion) in total, if MOL removed a 10 percent voting right cap and if the 40 percent stake in MOL its board and friendly institutions control was cancelled or neutralized.
OMV shares dropped as much as 7 percent on the news, and were down 5.4 percent at 48.80 euros by 1025 GMT, the biggest decliner in the DJ European Oil and Gas index.
OMV said it had given preliminary notice to the European Commission that it was seeking to take over MOL.
www.bnet.com /2407-13071_23-166567.html   (696 words)

  
 News: Emerson helps OMV map technology future for Schwechat refinery
OMV Aktiengesellschaft, with Group sales of €7.64 billion and 6,137 employees in 2003, and a current market capitalization of €4.2 billion, is Austria's largest listed industrial company.
OMV has set a goal of doubling its 2001 market position from 9% in 2001 to 20% by 2008.
The OMV Group also operates integrated chemical and petrochemical plants and holds a 25% stake in Borealis A/S, one of the world's leading polyolefins producers.
www.emersonprocess.com /home/news/pr/407_omv.html   (723 words)

  
 Alexander's Gas & Oil Connections - OMV sells stake in Pohokura gas field to Todd Petroleum   (Site not responding. Last check: 2007-11-02)
It ideally complements OMV's 10 % stake in the New Zealand's Maui gas field, which was acquired last year.
In developing the field, OMV will benefit from the expertise of its consortium partners Shell and Todd, the latter being the largest private energy company in New Zealand.
OMV is currently producing about 15,000 bpd in Australia and New Zealand.
www.gasandoil.com /goc/company/cns34246.htm   (370 words)

  
 Comparitive Business Analysis -- OMV Aktiengesellschaft   (Site not responding. Last check: 2007-11-02)
OMV Aktiengesellschaft operates in the Petroleum refining sector.
Although OMV Aktiengesellschaft is headquartered in Austria, it derives most of its sales outside of its home market: sales in Austria were 3.80 billion Euro which was only 38.5% of 2004's sales.
OMV Aktiengesellschaft also experienced significant increases in sales in Germany (up 62.1% to 3.01 billion Euro) and Rest of Europe (up 49.7% to 133.64 million Euro).
www.corporateinformation.com /corpinfo2.asp?cusip=C04091660&curconv=040   (1513 words)

  
 ArabianBusiness.com - Middle East business, financial and industry news - Industry Press Releases - OMV announces ...
OMV is the operator of a joint venture with the partners Eni AEP Limited (Eni), Pakistan Petroleum Ltd (PPL) and Government Holdings (Private) Ltd (GHPL).
The activities of OMV are currently concentrated in the central Indus Region, where OMV has established itself in a strong position as an operator, but is also expanding in other areas of the country.
OMV's first success was the discovery of the Miano gas field in 1993 with Miano 1, which opened a new play type of stratigraphic trapping.
www.arabianbusiness.com /index.php?option=com_pressreleases&view=detail&pr_id=5814&Itemid=77   (1043 words)

  
 --- OMV ---
OMV plans to continue its growth strategy, thereby maintaining its leadership in Central Europe and at the same time improving profitability.
OMV will outline the framework for a sustainable, ecological business model and act to put it into practice, thereby safeguarding profitability and continued existence of the Group far into the future.
OMV is set to meet the challenges of a growing gas market in Central and Eastern Europe along with promoting the production of lower carbon fuels.
webapps.omv.com /hse/hse_bericht_2006_en/html/challenge_growth.html   (909 words)

  
 ArcNews Fall 2004 Issue -- OMV Group
OMV was founded in 1956 and is central and eastern Europe's leading oil and gas company.
OMV E&P is currently moving its spatial data into the Public Petroleum Data Model (PPDM) and plans to develop scripts to automatically extract concession maps, seismic coordinates, well data, and production charts from the database.
OMV is using ArcSDE software to manage a geodatabase that integrates spatial data from various systems and distributes that information throughout the organization.
www.esri.com /news/arcnews/fall04articles/omv-group.html   (666 words)

  
 Alexander's Gas & Oil Connections - OMV and partners sign agreement for Yemen block   (Site not responding. Last check: 2007-11-02)
Significantly, OMV strengthened its position in Pakistan with the signing, last month, of a heads of agreement with the government, said Hussain.
OMV (Pakistan) expects to award the engineering, procurement, construction contract for the 170 mm cfpd gas processing facilities for phase 1 by autumn this year.
The contract in Yemen is the second important agreement in the Middle East within a few months for OMV after the signing of the Mehr Exploration contract in Iran.
www.gasandoil.com /goc/company/cnm13942.htm   (384 words)

  
 --- OMV ---
The OMV HSE report is complementary to the Annual Report and to the Performance Report.
Joint ventures where influence is exerted and in which OMV acts as an operator (operatorship), including minority shareholdings such as in Pakistan (OMV is the operator and owner of 19.7% and 16.68%, respectively).
The purpose of seeking external assurance is to support OMV in building trust among stakeholders and demonstrate transparency on OMV commitments, practices, and performance in significant HSE issues.
webapps.omv.com /hse/hse_bericht_2006_en/html/about.html   (837 words)

  
 OMV and Aspen Technology Sign 5-Year Alliance Agreement
OMV and AspenTech (formerly through the Setpoint group) have had a business relationship for the past 15 years primarily in the technological areas of classical advanced process control and information systems.
OMV was pushing the envelope of automation in both technology and people skills at that time, and now, with the combination of a new generation of integrated technology and the experience, knowledge, and infrastructure of OMV's staff, we look forward to helping OMV become one of the most competitive refiners in Europe."
OMV AG operates two refineries, one in Schwechat near Vienna (Austria) and one in Burghausen in Bavaria (Germany).
www.aspentech.com /publication_files/ir2past990225page.htm   (927 words)

  
 OMV downgraded to "hold" | newratings.com   (Site not responding. Last check: 2007-11-02)
OMV reported impressive 4Q03 results, with healthy profits from the E&P and R&M segments, the analysts mention.
The analysts believe that OMV has the potential to substantially increase its free cash flows during the current year.
The analysts expect OMV to make acquisitions in the forthcoming years in order to retain its current growth rate.
www.newratings.com /analyst_news/article_396886.html   (401 words)

  
 Introduction
The OMV is there not only to help people with disabilities to lead as normal a life as possible, but also to try and educate the attitudes of young people at a crucial moment in their development.
The Order of Malta Volunteers (OMV) is a group of young people who volunteer to dedicate some of their time to the care of the sick, handicapped or terminally ill people.
Our Lady's Shrine in Walsingham is visited by the OMV five weekends a year, staying in the hospital and a cottage donated to the OMV by Arthur Bond in 1980.
www.omv.org.uk /introduction.htm   (527 words)

  
 OMV 25TH
The music was provided by the OMV choir under Graham Denny, who performed to their usual high standard, accompanied by Alastair Tighe on the organ.
It showed the OMV at its very best and summed up what is at the heart of our objective “Strength to lift up the part of the burden of our suffering fellow-man and a true realisation of the privilege that is ours”.
It was after the dinner that the main part of the evening apropos the lighter side of the OMV, began.
www.omv.org.uk /omv_25th.htm   (508 words)

  
 SGS-OMV Cooperation   (Site not responding. Last check: 2007-11-02)
Klaus-Jürgen Schneider, OMV’s Senior Vice President Retail said “Thanks to the know-how of the industry leader SGS it will be possible to tailor the test bed facility’s services still more closely to the automotive industry’s requirements.
As the leading oil and gas group in Central Europe, OMV is active in Refining and Marketing (RandM) in 13 countries and has set the goal of doubling its 2001 market share to 20% by 2008.
OMV owns integrated chemical and petrochemical plants, and has a 25% stake in Borealis A/S, one of the world’s leading producers of polyolefin.
www.sgs.com /sgs-omv_cooperation?viewId=641   (646 words)

  
 Hungary's MOL rejects latest overture by Austria's OMV - Summary : Finance General
OMV on Tuesday morning declared its wish for "long-term cooperation" with MOL, saying that it was in a position to offer 32,000 Hungarian forints (179.8 dollars) for every MOL share.
However, OMV bemoaned the fact that MOL has been buying back its own shares and also that the Hungarian company's articles of association limit the voting influence any one party can have in the company to 10 per cent.
OMV, however, said that it wished to reassure the Hungarian government that any potential merger or cooperation would be in MOL's best interests.
www.earthtimes.org /articles/show/113484.html   (614 words)

  
 OMV sets preliminary $15.7 billion bid for Hungary's Mol - MarketWatch
OMV said it expects annual savings of 400 million euros ($563 million) a year after the transaction.
OMV shares fell 5.5% in morning trading in Vienna, while Mol shares were suspended earlier.
Citigroup was similarly cautious on OMV's ability to complete a deal, saying the probability it would proceed was "low" because of the Hungarian government's determination to protect what it views as a strategic asset.
www.marketwatch.com /news/story/omv-sets-preliminary-157-billion/story.aspx?guid={1BF03BD0-E61D-4D55-B8C6-209023329F3F}   (792 words)

  
 SAS | Customer Success: OMV
OMV is the leading oil and gas group in central and eastern Europe, with 2002 annual sales exceeding €7 billion (US$8.7 billion), and 6,200 employees worldwide.
OMV archives these reports over time, organized in time-period hierarchies so that the most recent reports are most rapidly accessible.
For example, search-string analysis is enabling OMV to find out what sort of information the different categories of internal and external visitors are looking for, while clickstream analysis reveals how quickly and easily they can find it.
www.sas.com /success/omv.html   (1284 words)

  
 Gazprom
Furthermore, OMV holds a 35 percent stake in Borealis A/S, the world’s number five polyolefin manufacturer, a 10 percent stake in Hungarian oil company MOL and a 45 percent share in BAYERNOIL Raffineriegesellschaft mbH.
OMV Gas GmbH disposes of a domestic natural gas pipeline network with an overall length of approximately 2,000km.
To compensate the fluctuations in demand – consumption in winter is up to seven times higher than during the summer – OMV stores approximately one third of Austria’s annual natural gas consumption in subterranean storage facilities, usually previously exploited and exhausted gas fields, at a depth of 500 to 1,500m.
www.gazprom.ru /eng/articles/article8923.shtml   (1167 words)

  
 Gulfnews: OMV sweetens hostile bid for MOL
OMV said it was ready to offer 32,000 forint for each MOL share, or 3.5 trillion forint ($20 billion) in total, if MOL removed a 10 per cent voting right cap.
OMV shares dropped as much as seven per cent on the news, and were down 5.4 per cent at 48.80 euros yesterday morning, the biggest decliner in the DJ European Oil and Gas index.
OMV said it was prepared to offer up to 25 per cent of the price in OMV shares.
www.gulfnews.com /Business/General/10156082.html   (658 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.