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