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OMV Aims To Increase Competitiveness With Efficiency Measures Including A Group-Wide Cost Target Of EUR 400 Mn By End Of 2027

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OMV

OMV AG OMV:

  • AIMING TO INCREASE COMPETITIVENESS WITH EFFICIENCY MEASURES INCLUDING A GROUP-WIDE COST TARGET OF EUR 400 MN BY END OF 2027

  • ONGOING NEGOTIATION WITH EMPLOYEE REPRESENTATIVES ON CURRENTLY ESTIMATED POTENTIAL MID-THREE DIGITS LABOR IMPACT IN AUSTRIA

  • CONDUCTS GROUP-WIDE REVIEW TO STREAMLINE OPERATIONS AND PORTFOLIO, INCREASE FLEXIBILITY AND ENHANCE LONG-TERM RESILIENCE AMID VOLATILE MARKET ENVIRONMENT

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