EVN Group

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Not to be confused with Vietnam Electricity.
EVN AG
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 AD Skopje (North Macedonia)
 [bg]
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]

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  [bg]) and North Macedonia (24.15%, through EVN AD Skopje).

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]

  • District heating plant Mödling erected 1960, gasfired

  • Biomass power and district heating plant Mödling, erected 2006

  • Europes biggest District Heating Accumulator with 50.000 cubic meter

  • View from the biomasse heating plant Maria Gugging

  • District heating transportation pipeline with a length of 31 km from Dürnrohr Power Station to Sankt Pölten[10]

  • Biomass heating plant Modul for a village, from EVN Wärme,[11] in the winter.

  • Biomass heating plant. The total heat power is about 1000 kW, in the summer.

References[]

  1. ^ a b c d e f "Annual Report 2009/2010" (PDF). EVN. Retrieved 3 May 2011.
  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.
  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[]

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