VERBUND AG (FRA:OEWA)
Germany flag Germany · Delayed Price · Currency is EUR
64.05
-0.50 (-0.77%)
At close: Aug 12, 2025, 10:00 PM CET

VERBUND AG Company Description

VERBUND AG, together with its subsidiaries, generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

It operates through Hydro, New Renewables, Sales, Grid, and All Other segments. The company generates hydro, wind, and thermal power, as well as engages in the trading and sales activities.

It also offers battery storage, photovoltaic, and flexible storage systems. In addition, the company trades in and sells gas to participants in energy exchange markets, traders, and household customers; provides energy-related services; and operates electricity transmission network, as well as operates gas transmission pipeline and distribution network.

As of December 31, 2024, it operated hydropower plants with a capacity of 8,468 megawatts (MW); wind farms with a capacity of 874 MW; solar power with a capacity of 308 MW; and two thermal power plants.

The company was founded in 1947 and is headquartered in Vienna, Austria.

VERBUND AG
Country Austria
Founded 1947
Industry Electric Services
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 OEWA
Exchange Frankfurt Stock Exchange
Fiscal Year January - December
Reporting Currency EUR
SIC Code 4911

Key Executives

Name Position
Michael Strugl Chief Executive Officer
Peter Kollmann Chief Financial Officer
Achim Kaspar Chief Operating Officer
Andreas Wollein Head of Investor Relations