Austria Wirtschaftsservice GmbH

Austriaaws.at

Austria Wirtschaftsservice GmbH (aws) is Austria’s federal promotional bank, owned by the Republic of Austria and headquartered in Vienna. It finances and supports companies—especially startups and small and medium-sized enterprises—through grants, low-interest loans, guarantees, and equity investments. Its mandate is to strengthen Austria’s innovation capacity and competitiveness by improving access to capital and advisory services across all stages of growth.

aws administers national and EU‑cofinanced programs for research, technology and innovation, digitalization, and sustainability, and operates instruments such as the aws Gründerfonds and technology transfer initiatives. For the chemical and process industries, aws funding can support R&D, pilot and scale‑up facilities, industrial modernization, and decarbonization projects, including energy‑efficiency and circular‑economy measures. Established in 2002 through the merger of several predecessor institutions, aws operates under the supervision of Austria’s federal ministries responsible for economic affairs and finance.

Projects aws is involved in

chemXplore tracks 1 project involving aws, of which one is active.

aws's role on them: Investor / Financier.

1 Under Construction

1 new construction.

Expected to start operating
2026
none
2027
1 project
2028
none
2029
none
2030
none
2031
none

Contractors and licensors are recorded on this project For subscribers

Targeting: Hydrogen (1)

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Latest news on aws

13 July 2026
EIB lends €450m to OMV for Bruck green hydrogen plant

140 MW electrolyser at Bruck will produce 23,000 t/yr renewable hydrogen, feed Schwechat refinery via 22 km pipeline, cutting direct CO₂ by up to 150,000 t/yr; operations due end‑2027.

13 July 2026
OMV secures €450m EIB loan for 140 MW green hydrogen plant

Plant in Lower Austria will produce up to 23,000 t/yr of green hydrogen, start by end‑2027, supply Schwechat refinery and cut about 150,000 t CO2 annually.

5 January 2026
OMV Secures EUR 123 Million for Austria's Largest Green Hydrogen Project

Austria backs a 140 MW green hydrogen plant, operational by 2027, to cut 150,000 tons of carbon emissions annually, aiding the Schwechat refinery's decarbonization.

6 November 2025
OMV and Masdar to Develop 140 MW Green Hydrogen Plant in Austria

The joint venture will build and operate a major green hydrogen plant in Austria, aiming to decarbonize OMV's refinery and explore future collaborations in synthetic fuels and chemicals.

29 September 2025
OMV Develops Major Green Hydrogen Electrolysis Plant in Europe

The 140 MW plant will produce 23,000 tons of green hydrogen annually, cutting 150,000 tons of carbon emissions at the Schwechat refinery by 10%. Completion is set for 2027.

28 May 2025
OMV Unveils New Technologies and Invests in 140 MW Green Hydrogen Plant

The Schwechat refinery now hosts a ReOil plant and Austria's largest electrolyzer. A new 140 MW green hydrogen plant is planned, aiming to cut CO₂ emissions by 150,000 tons annually.

Where its projects are

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