Sunday, June 12, 2011

VERBUND - Austria

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Verbund AG, formerly known as Verbundgesellschaft or Österreichische Elektrizitätswirtschafts-AG, is Austria's largest electricity provider. Verbund covers around 40 percent of electricity demands in Austria and generates 90 percent thereof fromHydro power. In addition, Verbund operates the supraregional power grid through its subsidiary APG. Verbund AG is listed both on the Vienna Stock Exchange and in the ATX, the key index of Austrian stock-listed companies. The largest shareholder, at 51%, is the Republic of Austria
Type Aktiengesellschaft
Traded as
WBAG: VER
Industry               Utilities
Founded              1947
Headquarters    Vienna, Austria
Key people         Wolfgang Anzengruber (CEO), Gilbert Frizberg (Chairman of thesupervisory board)
Products              Electricity generation,distribution, trading andwholesale, renewable energy
Revenue              €3.308 billion (2010)
Operating income
€828.5 million (2010)
Profit
€400.8 million (2010)
Total assets
€11.29 billion (end 2010)
Total equity
€4.372 billion (end 2010)
Employees          3,015 (average, 2010)

Tirol
Vienna
Vienna
Carinthia
Vienna
Carinthia
Vienna
Vienna
Vienna
Vienna
Vienna
Vienna
Vienna
Salzburg
Vienna
Salzburg
Styria
Salzburg
Vienna
Carinthia
Vienna
Salzburg
Vienna
Vienna
Vienna
Vienna
Vienna
Vienna / Freudenau
Vienna
Carinthia
Upper Austria