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EVN Group

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EVN AG
Company typeAktiengesellschaft
WBAGEVN
IndustryUtilities
Founded1922
HeadquartersMaria Enzersdorf, Austria
Key people
Peter Layr (CEO), Burkhard Hofer (Chairman of the supervisory board)
ProductsElectricity generation and distribution, electricity and gas trading and wholesale, water treatment, waste management, renewable energy
Revenue€2.752 billion (2009/10)[1]
€187.3 million (2009/10)[1]
€207.0 million (2009/10)[1]
Total assets€6.731 billion (September 2010)[1]
Total equity€3.025 billion (September 2010)[1]
Number of employees
8,540 (September 2010)[1]
Websitewww.evn.at

EVN Group is an Austrian-based producer and transporter of electricity, 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

  1. ^ a b c d e f "Annual Report 2009/2010" (PDF). EVN. Retrieved 3 May 2011.
  2. ^ EVN Annual Report
  3. ^ Brandt, Nadja (4 March 2009). "Adecco, Adidas, BMW, Bouygues, Vinci: European Equity Preview". Bloomberg. Retrieved 2009-10-06.
  4. ^ Moody's Report on EVN
  5. ^ "Shareholder structure". EVN Group. Retrieved 2009-10-06.
  6. ^ "EVN seeks new co-op in Austria's electricity sector, criticizes Verbund". AFX News. Forbes. 1 June 2007. Retrieved 2009-10-06.
  7. ^ Fernwärme-Transportleitung Von Dürnrohr nach St. Pölten; retrieved 11.1.11
  8. ^ Naturwärme... retrieved 21 January 2011