VERBUND AG Company Description

VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers.

It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company operates hydropower plants with a capacity of 8,417 megawatts (MW); wind farms with a capacity of 798 MW; solar power with a capacity of 253 MW; and two thermal power plants.

It also owns and operates electricity transmission network, and gas transmission pipeline and distribution network in Austria, as well as trades and sells gas.

VERBUND AG was founded in 1947 and is headquartered in Vienna, Austria.

VERBUND AG

Country	Austria
Founded	1947
Industry	Electric Services
Employees	4,424
CEO	Michael Strugl

Contact Details

Address: Am Hof 6a Vienna, Vienna 1010 Austria
Phone	43 50 313 0
Website	verbund.com

Stock Details

Ticker Symbol	1VER
Exchange	Borsa Italiana
Fiscal Year	January - December
Reporting Currency	EUR
SIC Code	4911

Key Executives

Name	Position
Michael Strugl	Chief Executive Officer
Peter Kollmann	Chief Financial Officer
Andreas Wollein	Head of Investor Relations