Key Developments of Verbund AG (VER) Company

Verbund AG (Verbund) is an Austria-based company that conducts electricity generation, transmission, trading and distribution. The company produces electricity from thermal plants and renewable power plants such as hydropower plants and wind. The company sells electrical energy to power exchange users, traders, provincial energy companies, industrial enterprises, households and commercial customers. It operates the Austrian high-voltage grid. The company conducts its operations through its subsidiaries, VERBUND Hydro Power AG (AHP), VERBUND Thermal Power GmbH & Co KG, VERBUND Thermal Power GmbH, VERBUND Trading AG and VERBUND-Austrian Power Sales, among others.

Verbund AG Key Recent Developments

Mar 06, 2013: Verbund Reports Revenue Of €3.2 Billion In 2012
Mar 05, 2013: Verbund Names Peter Kollmann As CFO
Jan 17, 2013: Verbund Plans To Modernize Danube Hydroelectric Power Station In Austria
Dec 13, 2012: Verbund Refurbishes Styrian Hydropower Plants And Lowers Prices By 5%
Oct 24, 2012: Verbund Reports Revenue Of €731.3m In Q3 2012

To know more : Verbund AG (VER) - Financial and Strategic SWOT Analysis