Germany · Delayed Price · Currency is EUR VERBUND AG Company Description
VERBUND AG, together with its subsidiaries, generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.
It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company generates hydro, wind, and thermal power, as well as engages in the trading and sales activities.
It also offers battery storage, photovoltaic, and flexible storage systems. In addition, the company trades in and sells gas to participants in energy exchange markets, traders, and household customers; provides energy-related services; and operates electricity transmission network, as well as operates gas transmission pipeline and distribution network.
As of December 31, 2024, it operated hydropower plants with a capacity of 8,468 megawatts (MW); wind farms with a capacity of 874 MW; solar power with a capacity of 308 MW; and two thermal power plants.
The company was founded in 1947 and is headquartered in Vienna, Austria.
| 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 |