Energy giant OMV with billions in profit: this makes shareholders happy, but also fuels the debate about redemptions…
Good times in bad times. OMV made a profit of 3.3 billion in the third quarter. More than threefold compared to 2021. In 2022 a profit before tax of 9.1 billion will be held. The shareholders are delighted, but not the many households who have to burn for it. This also warms the minds of politicians.
Vice Chancellor Werner Kogler (Greens) reiterated his demand: “Energy companies paying extremely high special dividends, while many worry about how to pay their bills – that’s just unfair.” It is therefore good that the EU agrees to a solidarity levy on arbitrary prices. There are guidelines that nation states must take into account. Kogler assumes that an agreement will be reached with the government partner before the end of this year.
Finance Minister Magnus Brunner (ÖVP) also emphasizes European regulations. How much will such a levy ultimately yield? “We can’t say that yet. For this, the regulation with all the details must be available. Brunner is thinking about tax benefits for ecological investments.
SPÖ demands: fully repay excess profit
It may take a while for that to take effect. But time is a lot of money these days. The SPÖ insists. Financial spokesman Jan Krainer: “Neither the companies, nor their managers or shareholders are entitled to the money.” It must be returned to the people in full. “Ideally, such gains do not come from price regulation.”
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
