Verbund

Verbund, which was founded in 1947, is the largest producer and carrier of electricity in Austria, moreover the fourth largest producer of hydropower and one of the most profitable energy companies in Europe. On the Austrian market, Verbund is active in the fields of production, transmission, trade, and distribution. In Austria, electricity consumption amounts to approximately kWh 70,000 million of electricity, roughly 40 percent of which are provided by power plants of the Verbund group. Besides its domestic market of Austria, Verbund focuses on the German market as well as on existing shares in France, Italy, and Turkey. In total, Verbund is active in production and trade in more than 20 countries. The strategic vision calls for becoming the third largest hydropower group in Europe.

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