VERBUND
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ShareCopied to clipboardVERBUND is a company. It is a public company in Vienna, Austria. It was founded in 1947 and its current CEO is Michael Strugl. It is part of the Utilities sector, specifically in the Independent Power and Renewable Electricity Producers industry.
Key facts
- city: Vienna
- country: Austria
- employees: 4,115 people
- revenues: 7.1B $
- company type: public
- sector: Utilities
- industry: Independent Power and Renewable Electricity Producers
- foundation year: 1947
- CEO: Michael Strugl
- ESG score: Try Pro to see estimate
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VERBUND is one of the companies in Austria, companies in Independent Power and Renewable Electricity Producers, companies in Utilities, companies in Vienna and 3,456,808 companies in our database.
Talking Points
- VERBUND – Austria's leading electricity company
- Renewable energy: VERBUND is Austria’s leading energy company and one of Europe’s largest generators of electricity from hydropower.
- Mit unserer Kraft in eine grüne Zukunft. | VERBUND is Austria's leading utility and one of the largest producers of hydroelectricity in Europe. We generate appx. 95 % of our electricity from renewable energy, primarily from hydropower. VERBUND trades electricity in 12 countries and generated € 2.8 bn in annual revenue in 2018 with approximately 2700 ...
- VERBUND AG, together with its subsidiaries, generates, trades, and sells electricity to energy exchanges, traders, electric utilities and industrial companies, and households and commercial customers in Austria and internationally. It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. As of December 31, 2021, the company operated hydropower plants with a capacity of 8,307 megawatts (MW); wind farms with a capacity of 418 MW; solar farms with a capacity of 3 MW; and thermal power plants with an electrical capacity of 1,013 MW. It also operates electricity transmission network in Austria, as well as long-distance gas pipeline and gas distribution network; trades and sells gas; and provides energy-related services. The company was formerly known as Österreichische Elektrizitätswirtschafts- Aktiengesellschaft and changed its name to VERBUND AG in 2010. VERBUND AG was founded in 1947 and is headquartered in Vienna, Austria.