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ÖMV
OMV (formerly abbreviation for Österreichische Mineralölverwaltung Aktiengesellschaft () is an integrated company with three robust pillars: Chemicals, Fuels & Feedstock, and Energy. It supports the transition to a lower-carbon economy and has the ambition to become a net zero emissions business by 2050 for Scope 1, 2, and 3 emissions. The majority of its nearly 24,000 employees work at its integrated European sites. In 2024, the company is listed on the Wiener Börse, Vienna Stock Exchange. In the 2021 Forbes Global 2000, ''Forbes'' Global 2000, OMV Group was ranked as the 413th largest public company in the world. History The history of OMV began on 3 July 1956, when the company then known as "Österreichische Mineralölverwaltungs Aktiengesellschaft" was officially entered into the commercial register. Consequently, the Soviet Mineral Oil Administration (''Sowjetische Mineralölverwaltung'', SMV), a Administration for Soviet Property in Austria, corporation formed during th ...
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Aktiengesellschaft
(; abbreviated AG ) is a German language, German word for a corporation limited by Share (finance), share ownership (i.e., one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni'') and South Tyrol for companies incorporated there. In the United Kingdom, the equivalent term is public limited company, and in the United States, while the terms "Incorporation (business), incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company". Meaning of the word The German word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an acting part or shares, share, and ''Gesellschaft'', meaning company or society. English translations include ''share company'', or ''company limited by shares'', or joint-stock company. In German, ...
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USSR
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ...
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Statoil
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. the company has 21,126 employees. The current company was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro. As of 2017, the Government of Norway is the largest shareholder with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy. The company is headquartered and led from Stavanger, while most of their international operations are currently led from Fornebu, outside Oslo. The name ''Equinor'' was adopted in 2018 and is formed by combining ''equi'', the root for words such ...
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Dogan Holding
Dogan may refer to: * Dogan, English and Irish surname * Dogan, a type of building that occurs frequently in Stephen King's fantasy series The Dark Tower. * Doğan Doğan is both a masculine Turkish given name and a Turkish surname meaning ''Falcon''. Notable people with the name include: Given name * Doğan Abukay, Turkish experimental physicist and academic * Doğan Akhanlı (1957–2021) Turkish-German wri ..., Turkish surname and masculine first name * Dogan, ethnic slur * Dogan people, an African tribe living near Timbuktu * Dogan (deity), a deity See also * Dōgen Zenji (道元禅師), a 13th-century Japanese Buddhist priest {{disambig, geo ...
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Petrol Ofisi
Petrol Ofisi A.Ş. is a fuel products distribution and lubricants company in Turkey. It is owned by the Dutch Vitol Group. Vitol completed its acquisition of Petrol Ofisi from OMV AG in June 2017. Petrol Ofisi had 1,900 fuel stations in 2022 in Turkey. History It was established on February 18, 1941, as a state-owned company to import, stock, refine and distribute petroleum products. It became a joint stock company in 1983. On July 24, 2000, the company was privatized, and initially 51% of the shares were purchased by Doğan Holding. On March 13, 2006, the Austrian petroleum company OMV bought 34% of the stake for US$1.054 billion. After this stock exchange, the share of Doğan Group decreased from 86.7% to 52.7%. On October 22, 2010 OMV announced that it will buy 54.17% shares from the Doğan Holding for the sum of EUR 1 Billion, setting its total stake in the company to 95.75%. The transaction remained subject to approval by relevant authorities until December 22, 2010, whe ...
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Petrom
OMV Petrom S.A. is a Romanian integrated oil company, controlled by Austria's OMV. It is one of the largest corporations in Romania and the largest oil and gas producer in Southeast Europe. Since 2004 it is a subsidiary of OMV. With 2022 revenue of EUR 12.5 billion, as of 2023, OMV Petrom is the largest company in Romania. History In late 2004, Petrom was privatized by the Romanian state and sold to Austrian oil company OMV, which acquired of the previous SNP Petrom SA. , it was the largest privatization deal in Romania's history. Until 2005, Petrom owned six offshore drilling platforms, of which five, GSP Atlas, GSP Jupiter, GSP Orizont, GSP Prometeu and GSP Saturn were sold to Grup Servicii Petroliere for US$100 million. In January 2006, Petrom purchased OMV's operations in Romania, Bulgaria and Serbia and Montenegro. As a result of the transaction, the gas station networks of OMV were transferred to Petrom, but continued to operate under the OMV brand. From 1 J ...
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Eastern Europe
Eastern Europe is a subregion of the Europe, European continent. As a largely ambiguous term, it has a wide range of geopolitical, geographical, ethnic, cultural and socio-economic connotations. Its eastern boundary is marked by the Ural Mountains, and its western boundary is defined in various ways. Narrow definitions, in which Central Europe, Central and Southeast Europe are counted as separate regions, include Belarus, Russia and Ukraine. In contrast, broader definitions include Moldova and Romania, but also some or all of the Balkans, the Baltic states, the Caucasus, and the Visegrád Group, Visegrád group. The region represents a significant part of Culture of Europe, European culture; the main socio-cultural characteristics of Eastern Europe have historically largely been defined by the traditions of the Slavs, as well as by the influence of Eastern Christianity as it developed through the Byzantine Empire, Eastern Roman Empire and the Ottoman Empire. Another definition was ...
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Central Europe
Central Europe is a geographical region of Europe between Eastern Europe, Eastern, Southern Europe, Southern, Western Europe, Western and Northern Europe, Northern Europe. Central Europe is known for its cultural diversity; however, countries in this region also share some historical and cultural similarities. The region is variously defined, but it’s minimum definition could be considered of consisting of Austria, Bosnia and Herzegovina, Croatia, the Czech Republic, eastern France, Germany, Liechtenstein, Luxembourg, Poland, Slovakia, Slovenia and Switzerland. But also the Baltic States, the Alsace in north-east France, and South Tyrol, northern Belluno , and Friuli-Venezia Giulia in north-east Italy are culturally usually considered to be part of Central Europe. From the early 16th century until the early 18th century, parts of Croatia and Hungary were ruled by the Ottoman Empire. During the 17th century, the empire also occupied southern parts of present-day Slovakia. During ...
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MOL Group
MOL Plc. (), also known as MOL Group, is a Hungarian Multinational corporation, multinational petroleum, oil and natural gas, gas company headquartered in Budapest, Hungary. Members of MOL Group include among others the Croatian and Slovak formerly state-owned oil and gas companies, INA d.d., INA and Slovnaft. MOL is Hungary's most profitable enterprise, with net profits of $770 million in 2019. The company is also the third most valuable company in Central and Eastern Europe and placed 402 on the Fortune Global 500 list of the world's largest companies in 2013. As of October 2021, the largest shareholder is the Mol New Europe Foundation with 10.49% ahead of Maecenas Universitatis Corvini Foundation and Mathias Corvinus Collegium Foundation, both with 10%, OmanOil Budapest with 7.14% and OTP and ING Bank with 4.9% and 4.48% respectively. Nearly 45% of shares are Public float, free floated. MOL is active in Hydrocarbon exploration, exploration and Extraction of petroleum, product ...
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Umlaut (diacritic)
Umlaut () is a name for the Two dots (diacritic), two dots diacritical mark () as used to indicate in writing (as part of the letters , , and ) the result of the historical sound shift due to which former back vowels are now pronounced as front vowels (for example , , and as , , and ). (The term Germanic umlaut is also used for the underlying historical sound shift process.) In its contemporary printed form, the mark consists of two dots placed over the letter to represent the changed vowel sound. (In some Romance and other languages, the diaeresis (diacritic), diaeresis diacritic has the same appearance but a different function.) German origin and current usage (literally "changed sound") is the German name of the sound shift phenomenon also known as ''i-mutation''. In German, this term is also used for the corresponding letters ä, ö, and ü (and the diphthong äu) and the sounds that these letters represent. In German, the combination of a letter with the diacritical ...
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