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.

The company operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company provides generation from hydropower; generation from wind power, photovoltaic systems and flexible storage; and trading and sales activities related to battery storage systems.

The company also operates hydropower plants with a capacity of 8,468megawatts (MW); wind farms with a capacity of 874 MW; solar power with a capacity of 308 MW; and two thermal power plants.

In addition, the company owns and operates an electricity transmission network, and a 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	OEWA
Exchange	Frankfurt Stock Exchange
Fiscal Year	January - December
Reporting Currency	EUR
SIC Code	4911

Key Executives

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