Download PDF - Verbund
Download PDF - Verbund
Download PDF - Verbund
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GROUP STRUCTURE<br />
VERBUND Österreichische Elektrizitätswirtschafts-Aktiengesellschaft (from May 2010: VERBUND AG)<br />
GENERATION<br />
TRADING/<br />
DISTRIBUTION<br />
TRANSMISSION<br />
PARTICIPATING<br />
INTERESTS<br />
VERBUND-AUSTRIAN<br />
HYDRO POWER AG<br />
VERBUND-AUSTRIAN<br />
THERMAL POWER GMBH & CO KG<br />
VERBUND-AUSTRIAN<br />
RENEWABLE POWER GMBH<br />
VERBUND-AUSTRIAN<br />
POWER SALES GMBH<br />
VERBUND-AUSTRIAN<br />
POWER TRADING AG<br />
VERBUND-AUSTRIAN POWER GRID<br />
AG<br />
VERBUND-INTERNATIONAL GMBH<br />
VERBUND IN BRIEF | SUSTAINABILITY REPORT 2009 | 7<br />
Environmentally friendly and cost-effective<br />
generation form the basis of the success of<br />
<strong>Verbund</strong> across Europe. Around 90 % of<br />
<strong>Verbund</strong>’s electricity in Austria comes from<br />
hydropower. Furthermore, <strong>Verbund</strong> is<br />
increasingly turning to electricity generated<br />
from wind power. The thermal power<br />
subsidiary supplies key supplementary<br />
energy.<br />
<strong>Verbund</strong> is one of the most expansive<br />
and successful electricity traders in Europe<br />
and operates in most EU member states.<br />
Since July 2005, <strong>Verbund</strong> has also been<br />
highly active in direct sales to Austrian<br />
end customers. To date, approximately<br />
225,000 customers have been acquired in<br />
this segment.<br />
<strong>Verbund</strong> operates the national high-voltage<br />
grid in Austria, which is used to transport<br />
around 50 % of the total electricity consumed<br />
in Austria. With its connections to the<br />
international grid, <strong>Verbund</strong> is also a key<br />
connection point in European electricity<br />
transport.<br />
<strong>Verbund</strong> holds numerous participating<br />
interests in Austria and abroad, predominantly<br />
in its core business of energy. These<br />
successful companies are making increasing<br />
contributions to the <strong>Verbund</strong> result.<br />
VERBUND-International GmbH controls<br />
all of the Group’s foreign interests. Domestic<br />
interests have been allocated to other<br />
head companies.