17 Facts About Verbund

Verbund covers around 40 percent of electricity demands in Austria and generates 90 percent thereof from hydro power.

Verbund AG is listed on the Vienna Stock Exchange and in the ATX, the key index of Austrian stock-listed companies.

In mid-1987, the second nationalization act was amended to the extent that Verbund could be partially privatized, as long as 51 percent remained in government hands.

Verbund itself participated in EVN in form of a joint venture discontinued this share package in 2003.

In mid-2005, Verbund established the business division of Sales and became active in Austria's end customer market selling electricity.

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In 2007, Verbund expanded its activities to include additional renewable energy sources and began to undertake large investments in especially wind power.

In mid-2009, Verbund acquired a power plant chain on the Bavarian river Inn from energy company E ON and, hence, advanced to fourth largest hydropower producer in Europe.

Verbund operates 20 storage power plants and 88 run-of-river plants in Austria; these plants are located in the alpine regions of Salzburg, Tyrol, Carinthia and Styria, as well as along all major rivers such as the Inn, Danube, Enns and Drau rivers.

Verbund's total installed capacity in hydropower plants is 6,600 megawatt; average annual generation is 24.

Verbund is one of the largest producers of electricity in the area of thermal power, as well as one of the largest district heating providers in Austria.

Since 2009, Verbund has been operating three wind farms in Austria, in Bruck an der Leitha, Hollern and Petronell-Carnuntum, with a total installed capacity of 49 MW.

In fiscal 2008, Verbund recorded the best result of its history so far: with around 2,500 employees, the company achieved a turnover of more than 3.

Verbund is active in more than 20 countries, the largest sales markets being Germany, France and Italy.

Effective July 2005, Verbund has been active in the area of direct power sales on the deregulated Austrian market.

Verbund is actively involved in the major electricity markets of Europe and Turkey, mainly in connection with local partners.

In Turkey, Verbund has had a 50 percent share in energy provider EnerjiSA since 2007, established in 1996 by Sabanci Holding, which holds the remaining 50 percent.

Since 2004, Verbund has had its own art collection, "Sammlung Verbund", consisting of contemporary international artworks from 1970 until today.