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OMV pivots to petrochems for 2030 net zero target

At a glance: natural gas pipeline transportation and storage in Austria

21st Austria weekly - Andritz, Frequentis, Agrana, Immofinanz, Zumtobel, Verbund (31/05/2021)

21st Austria weekly - Andritz Frequentis Agrana Immofinanz Zumtobel Verbund 31/05/2021 [pic1]Andritz: International technology Group Andritz has received an order from Nine Dragons Paper Industries to supply two complete OCC lines with a capacity of 2 000 bdmt/d each their mills in China. Start-up is scheduled for the second and fourth quarter 2022 respectively.Andritz: performance: -0.83% Frequentis: ATC Solutions business unit Harris

DGAP-Adhoc: VERBUND AG: Acquisition of 51% stake in Gas Connect Austria GmbH completed

Message : Required fields DGAP-Ad-hoc: VERBUND AG / Key word(s): Mergers & Acquisitions/Change in Forecast VERBUND AG: Acquisition of 51% stake in Gas Connect Austria GmbH completed 31-May-2021 / 15:31 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. = On 12 March 2020, VERBUND AG ( VERBUND ) issued inside information announcing that VERBUND was examining the financial and strategic aspects of a possible acquisition of OMV s 51% stake in Gas Connect Austria GmbH. On 15 June 2020, VERBUND issued inside information disclosing that, after examining the proposal, the Executive Board of VERBUND had

- OMV and VERBUND close purchase of 51%

- OMV and VERBUND close purchase of 51%
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