OMV announces new investments

June 1, 2025 |

In Austria, OMV officially inaugurated its flagship ReOil and electrolyzer facilities at the Schwechat refinery near Vienna. 

The new 10 MW electrolyzer facility has a production capacity of up to 1,500 tons of green hydrogen annually and is the biggest of its kind in Austria, said OMV.

Alfred Stern, Chairman of the Executive Board and CEO of OMV, said: “This inauguration marks a decisive step in our Strategy 2030. It is driven by one clear ambition: to become an integrated sustainable chemicals, fuels, and energy company, while remaining steadfast in our commitment to achieving net-zero emissions by 2050. Such systemic change requires collaboration across the entire value chain, which is why I am delighted to commemorate this milestone with all those who contribute and share our vision to shaping a more sustainable future.”

Furthermore, OMV has made the final decision to invest a mid-three-digit million-euro sum in a new flagship green hydrogen plant in Bruck an der Leitha, Lower Austria. There, OMV plans to build a 140 MW electrolysis facility, subject to and under the assumption of a positive outcome of the European and Austrian Hydrogen Bank auction.

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Category: Fuels

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