EVN AG
Company typeAktiengesellschaft
WBAG: EVN
IndustryUtilities
Founded1922
HeadquartersMaria Enzersdorf, Lower Austria, Austria
Key people
Stefan Syszkowitz (CEO), Bettina Glatz-Kremsner(Chair 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]
SubsidiariesEVN Macedonia
EVN Bulgaria [bg]
Websitewww.evn.at
Wikimedia Commons has media related to Energieversorgung Niederösterreich.

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]

Activities

In 2006, EVN Group produced 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%, through subsidiary EVN Bulgaria [bg]) and North Macedonia (24.15%, through EVN Macedonia).

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] EVN itself owns 12.5% of Austrian peer Verbund.[5]

Ownership

Less than 14% of EVN Group shares are free float on the Vienna Stock Exchange, with the state of Lower Austria holding 51 percent.

From 2002 until 2020, German utility EnBW owned around 35 percent of EVN Group.[6] From 2015 on, EnBW reduced its share.[7] In 2020, Wiener Stadtwerke became EVN’s second-largest shareholder after it bought EnBW’s remaining 28.35% stake, worth around 800 million euros ($894 million).[8][9]

References

  1. ^ a b c d e f "Annual Report 2009/2010" (PDF). EVN. Retrieved 3 May 2011.[permanent dead link]
  2. ^ "EVN Annual Report". Archived from the original on 2007-08-10. Retrieved 2008-10-30.
  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. ^ "EVN seeks new co-op in Austria's electricity sector, criticizes Verbund". Forbes. AFX News. 1 June 2007. Retrieved 2009-10-06.[dead link]
  6. ^ "Shareholder structure". EVN Group. Archived from the original on 2010-12-25. Retrieved 2009-10-06.
  7. ^ Christoph Steitz and Ilona Wissenbach (March 17, 2015), Germany's EnBW to slash more costs; sees risk to energy supply security Reuters.
  8. ^ Kirsti Knolle and Christoph Steitz (March 5, 2020), Wiener Stadtwerke buys EnBW's stake in Austrian utility Reuters.
  9. ^ Michael Shields (August 5, 2020), Wiener Stadtwerke wraps up purchase of EnBW's stake in EVN Reuters.
  10. ^ Fernwärme-Transportleitung Von Dürnrohr nach St. Pölten Archived 2011-07-27 at the Wayback Machine; retrieved 11.1.11
  11. ^ Naturwärme... retrieved 21 January 2011

External links

Wikimedia Commons has media related to Energieversorgung Niederösterreich.
ATX companies of Austria
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