Vienna, 24. April 2016
OMV appoints Hilmar Kroat-Reder
to the EconGas Executive Board
Hilmar Kroat-Reder was appointed as a managing director of EconGas GmbH on 28 December 2012. The internationally experienced energy expert is now running the company in tandem with Jesco von Kistowski.
After studying law from 1996–2002, Kroat-Reder worked as an associate and junior partner at a law firm. His career with OMV began in 2002 when he became Head of M&A Legal. From 2007 onwards he held a series of senior positions in the OMV Group. After serving as a vice president and adviser to the CEO he went on to head the Corporate Affairs & Sustainability Department as a senior vice president, before joining the Executive Board of OMV Petrom S.A., a listed Romanian company, as the member in charge of the Gas, Power and Chemicals business units. Appointments to the boards of listed Turkish company OMV Petrol Ofisi and Turkish OMV Gas & Power in February 2012 added to his international experience. In his new role he will also act as a managing director of wholly-owned EconGas subsidiaries EconGas Italia S.r.l. and EconGas Hungária Kft.
Five Austrian gas companies – OMV Gas & Power, EVN, Wien Energie, EGBV and Energie Burgenland – combined their sales and trading activities for more than ten years in EconGas, a company which can today boast a strong competitive position in Austria and internationally. EconGas’ core business is direct sales of natural gas to large customers with an annual consumption of over 500,000 cubic metres in Austria and abroad. Trading on international gas markets for portfolio-optimisation is another important area of EconGas’ business. EconGas GmbH has subsidiaries in Germany, Hungary and Italy.
Further information: www.econgas.com