VERBUND AG (VIE:VER)
Austria flag Austria · Delayed Price · Currency is EUR
65.00
-0.15 (-0.23%)
Jul 1, 2025, 5:35 PM CET

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
VERBUND AG logo
Country Austria
Founded 1947
Industry Utilities - Renewable
Sector Utilities
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 VER
Exchange Vienna Stock Exchange
Fiscal Year January - December
Reporting Currency EUR
ISIN Number AT0000746409
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