VERBUND AG Company Description
VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity in Austria, Germany, France, Romania, Spain, and Luxembourg.
It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company engages in the generation of hydropower, wind power, photovoltaic systems, and flexible storage systems; trading and sale activities, and business activities related to battery storage systems; electricity and thermal generation; and holds equity interests.
It also offers electricity, gas, e-mobility, and large-scale photovoltaic systems. The company serves participants in energy exchange markets, traders, electric utilities, industrial companies, and household and commercial customers.
VERBUND AG was founded in 1947 and is headquartered in Vienna, Austria.
| Country | Austria |
| Founded | 1947 |
| Industry | Utilities - Renewable |
| Sector | Utilities |
| Employees | 4,516 |
| 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 | VER |
| Exchange | Prague Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | EUR |
| SIC Code | 4911 |
Key Executives
| Name | Position |
|---|---|
| Dr. Michael Strugl M.B.A. | Chief Executive Officer and Chairman of Executive Board |
| Dr. Peter F. Kollmann | Chief Financial Officer and Vice Chairman of the Executive Board |
| Dr. Achim Kaspar | Chief Operating Officer and Member of Executive Board |
| Dr. Susanna Zapreva-Hennerbichler | Chief Renewables Officer and Member of Executive Board |
| Andreas Wollein | Head of Group Finance and Investor Relations |