VERBUND AG (VIE:VER)
Austria flag Austria · Delayed Price · Currency is EUR
66.65
+0.95 (1.45%)
Jul 31, 2025, 10:44 AM 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
CountryAustria
Founded1947
IndustryUtilities - Renewable
SectorUtilities
Employees4,424
CEOMichael Strugl

Contact Details

Address:
Am Hof 6a
Vienna, Vienna 1010
Austria
Phone43 50 313 0
Websiteverbund.com

Stock Details

Ticker SymbolVER
ExchangeVienna Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencyEUR
ISIN NumberAT0000746409
SIC Code4911

Key Executives

NamePosition
Dr. Michael Strugl M.B.A.Chief Executive Officer and Chairman of Executive Board
Dr. Peter F. KollmannChief Financial Officer and Vice Chairman of the Executive Board
Dr. Achim KasparChief Operating Officer and Member of Executive Board
Dr. Susanna Zapreva-HennerbichlerChief Renewables Officer and Member of Executive Board
Andreas WolleinHead of Group Finance and Investor Relations