1956 Founding of the OMV joint stock company
1960 Start-up of the Schwechat refinery
1985 Start of international EP-business (Libya)
1990 Inauguration of the first OMV filling station
1991 Commencement of international filling station business (Hungary)
1995 Alteration of name from ÖMV to OMV
2003 Important acquisitions: International portfolio of Preussag Energie and 45% of Bayernoil-Raffinerieverbund
2004 Greatest acquisition in the company's history: 51% of the Romanian oil and gas group Petrom SA
2005 Sale of the stake in the Rompetrol Group; OMV and IPIC acquire 100% of Borealis; OMV sells 50% AMI stake to IPIC
2006 In June 2006 the OMV Future Energy Fund was established, aiming to identify projects in the field of renewable energy within the OMV Group, provide assistance with their implementation and financially support them with funds of more the EUR 100 mn. With this fund, OMV intends to commence its transition from a pure oil and gas group into an energy group whose portfolio includes renewable energies. Funding for the first six projects in the areas of renewable energy and the reduction of greenhouse gases was granted in December 2006.
2007 In Libya, OMV made two oil discoveries in the exploration block NC200 in the Southern Sahara Desert. In Pakistan, the Group further strengthened its position.