.jpg)
Since its founding in 1976, ELG has contributed to the secure energy supply of Austria. Its tasks, structures, and services have been continuously developed ever since.
1976
Founding of ELG
ELG was founded in July 1976. It took over storage obligations from importers who were unable to fulfill their requirements themselves, for example, because they did not have their own tank farms.
1977 – 1979
Construction of the Lannach tank farm
The Lannach tank farm was built and commissioned.
1998
New business model
The ELG introduced a new business model for importers with their own mandatory emergency reserves. As a result, the volume of transferred storage obligations increased significantly.
2003
Founding of Erdöl-Tanklagerbetrieb GmbH
Erdöl-Tanklagerbetrieb GmbH was founded as a subsidiary and took over the Avanti International tank farm.
2004
Leading role in stockpiling
The ELG took over the majority of Austrian storage obligations and became the leader in mandatory emergency stockpiling.
2005 – 2008
Infrastructure expansion
Erdöl-Tanklagerbetrieb GmbH acquired two additional tank farms in Vienna.
2011
Expansion of the ELG Group
The ELG established the subsidiaries ELG Asset GmbH and ELG Beteiligung GmbH. Subsequently, the BP tank farm in Linz was acquired, and a joint venture (TLM Tanklager Management GmbH) was founded for its operational management.
2012
Central Stockholding Agency
With the 2012 Petroleum Stockpiling Act, the ELG became Austria's "Central Stockholding Agency."
2022
Energy management measures
Five ordinances issued due to the war in Ukraine and a mechanical incident at the Schwechat refinery.
2026
Energy management measures
Due to the war in Iran, ELG was instructed to offer up to 325,000 tons of crude oil to OMV Downstream GmbH within a period of six months.
Shareholders
ELG is organized as a private-law company. Its shareholders are four companies active in the Austrian mineral oil market.
Supervisory Board
The Supervisory Board supports and monitors the management of ELG. In addition to representatives of the shareholders, it includes a representative from the relevant federal ministry, a representative from the professional association for energy trading, and members delegated by the works council.
Chair:
Andreas Schwingshackl
Chairman
Senior Vice President, OMV Downstream GmbH
Daniel Babic
Deputy Chairman
Business Development & Origination Senior Manager, bp Europa SE
Additional members:
Sabine Hauser
Managing Director and Corporate Counsel, Shell Austria GmbH
Andreas Schuster, MBA
Head of Supply, Logistics and Wholesale, Enilive Austria GmbH
Doris Neumann-Edlinger
Representative of the Federal Ministry for Economic Affairs, Energy and Tourism
Dr. Bernd Zierhut
Representative of the Association of Energy Traders
Delegated by the Works Council:
Thomas Dorner
Bernhard Kainz
Management
The management board is responsible for the strategic and operational direction of the ELG Group.
DI Michael Niklas
Managing Director, CEO
Send email
Mag. Thomas Gaal
Managing Director, CFO
Send emailELG Group
ELG has established subsidiaries to expand cooperation with companies in the mineral oil market and to share existing resources. The companies operate independently within the framework of ELG's unified guidelines.
Erdöl-Tanklagerbetrieb GmbH
Vienna
100% shareholding
100% shareholding
Erdöl-Tanklagerbetrieb GmbH owns and operates its own tank farm infrastructure. In addition, Erdöl-Tanklagerbetrieb GmbH offers professional operational management for tank farms. The focus of Erdöl-Tanklagerbetrieb GmbH is on the safe, efficient, and economical operation of its facilities.
ELG Asset GmbH
Lannach
100% shareholding
100% shareholding
ELG Asset GmbH (ELAG) acquires and leases assets, particularly tank farm infrastructure. These are made available to other companies for long-term use and are managed accordingly. The focus of ELG Asset GmbH is on sustainable utilization, value preservation, and the generation of predictable returns.
ELG Beteiligung GmbH
Lannach
100% shareholding
100% shareholding
The purpose of ELG Beteiligung GmbH is the acquisition, holding, and management of investments in other companies, particularly in joint venture companies for the shared use of tank farms.
ELG Beteiligung GmbH
Lannach
100% shareholding
100% shareholding
The purpose of ELG Beteiligung GmbH is the acquisition, holding, and management of investments in other companies, particularly in joint venture companies for the shared use of tank farms.
TLM Tanklager Management GmbH
Linz
51% shareholding via ELBG
51% shareholding via ELBG
TLM Tanklager Management GmbH manages assets, particularly tank farm infrastructure, within the framework of joint ventures. It stores PNR stocks for joint venture partners and handles throughput at the tank farms. The focus of TLM Tanklager Management GmbH is on the safe, efficient, and reliable storage and provision of stocks and throughput services.
ELG Group
ELG has established subsidiaries to expand cooperation with companies in the mineral oil market and to jointly utilize existing resources. The companies operate independently within the framework of ELG's uniform guidelines.
Erdöl-Tanklagerbetrieb GmbH
Vienna
100% shareholding
100% shareholding
Erdöl-Tanklagerbetrieb GmbH owns and operates its own tank farm infrastructure. In addition, Erdöl-Tanklagerbetrieb GmbH offers professional operational management for tank farms. The focus of Erdöl-Tanklagerbetrieb GmbH is on the safe, efficient, and economical operation of its facilities.
ELG Asset GmbH
Lannach
100% interest
100% interest
ELG Asset GmbH (ELAG) acquires and leases assets, particularly tank farm infrastructure. These are made available to other companies for long-term use and are managed accordingly. The focus of ELG Asset GmbH is on sustainable utilization, value preservation, and the generation of predictable returns.
ELG Beteiligung GmbH
Lannach
100% interest
100% interest
The purpose of ELG Beteiligung GmbH is the acquisition, holding, and management of investments in other companies, particularly in joint venture companies for the shared use of tank farms.
TLM Tanklager Management GmbH
Linz
51% interest held via ELBG
51% interest held via ELBG
TLM Tanklager Management GmbH manages assets, particularly tank farm infrastructure, within the framework of joint ventures. It stores PNR stocks for joint venture partners and handles throughput at the tank farms. The focus of TLM Tanklager Management GmbH is on the safe, efficient, and reliable storage and provision of stocks and throughput services.
Investor relations
Here we provide information on economic development, capital market issues, and ratings. The figures have been determined in accordance with International Financial Reporting Standards (IFRS).
Business Information
Figures in EUR million
2024
2025
Revenue
72.1
72.4
Annual net profit
18.0
17.0
Fixed assets
357.2
358.2
Product inventories
1,314.5
1,291.5
Other assets
95.1
112.6
Assets
1,766.8
1,762.4
Equity
460.7
478.1
Loans
1,026.5
997.3
Other liabilities
279.6
287.0
Liabilities
1,766.8
1,762.4
Equity ratio
26.1%
27.1%
Rating: S&P AA+ / Outlook stable.
Capital market issues
Volume
Coupon
Maturity
ISIN
456.1 million euros
BOND
2.75%
2028
XS0905658349
75.0 million euros
IHS
0.834%
2029
AT0000A26Z69
82.0 million euros
IHS
1.281%
2036
AT0000A1NX59
40.0 million euros
IHS
1.824%
2038
AT0000A23SW3
100.0 million euros
IHS
1.20%
2043
AT0000A2GUE3
Debt structure as of 12/31/2025
Request information and
reports
Do you need further documentation on the ELG Group? Select the documents you require and send your request using the form below.
