Austrian Stock Talk by Vienna Stock Exchange: compact information for investors and those interested in the stock market. Subscribe to our Youtube channel now!
CFO of Verbund AG Peter F. Kollmann talks about the company and presents facts and FY 2019 figures.
VERBUND is Austria’s leading electricity company and of the largest producers of hydropower electricity in Europe. Hydropower plays a major role in Austria's electricity supply. In Austria, nearly 65% of electricity generation is covered by hydropower, and more than half of this comes from VERBUND hydropower plants. Because close to 100% of their electricity generation comes from climate-friendly, renewable hydropower. VERBUND's Danube power plants alone can cover the electricity needs of nearly all private households in Austria. Verbund runs their hydropower plants efficiently and protects humans, nature and the climate.
