EVN Group
 | |
| Company type | Public (WBAG: EVN) |
|---|---|
| Industry | Utilities |
| Founded | 1922 |
| Headquarters | Maria Enzersdorf, Austria |
Key people | Burkhard Hofer (CEO), Rudolf Gruber (Chairman of the supervisory board) |
| Products | Electricity generation and distribution, electricity and gas trading and wholesale, water treatment, waste management, renewable energy |
| Revenue | €2.379 billion (2007/2008)[1] |
 €166.6 million (2007/08)[1] | |
| €186.9 million (2007/08)[1] | |
Number of employees | 9,340 (2008)[1] |
| Website | www.evn.at |
EVN Group is an Austrian-based producer and transporter of electricity in, one of the largest in Europe having over three million customers in 14 countries[2]. The company also operates in water treatment, natural gas supply and waste management business areas. It is the second-largest utility in Austria.[3]
The company produced in 2006 around 3.45 billion kWh mainly from thermal power plants (68%) and renewable energy (hydro and wind) power plants (32%). EVN Group also distributed 19.2 billion kWh of electricity in Austria (37.9%), Bulgaria (37.95%) and Macedonia (24.15%).
The company also has power generation capacities of 1,450 MW, a transmission network of 1,370 km and a distribution network of 45,000 km. EVN Group is also involved in the natural gas sector having a total network length of 10,100 km[4].
Less than 14% of EVN Group shares are free float, with the state of Lower Austria holding 51% and German utility EnBW owning over 35% of the firm.[5] EVN itself owns 12.5% of Austrian peer Verbund.[6]
References
- ^ a b c d "Annual Report 2008" (PDF). EVN. Retrieved 2009-10-03.
- ^ EVN Annual Report
- ^ Brandt, Nadja (4 March 2009). "Adecco, Adidas, BMW, Bouygues, Vinci: European Equity Preview". Bloomberg. Retrieved 2009-10-06.
- ^ Moody's Report on EVN
- ^ "Shareholder structure". EVN Group. Retrieved 2009-10-06.
- ^ "EVN seeks new co-op in Austria's electricity sector, criticizes Verbund". AFX News. Forbes. 1 June 2007. Retrieved 2009-10-06.
