Verbund AG is Austria's leading electricity company and one of the largest producers of hydroelectric power in Europe. Founded in 1947 and headquartered in Vienna, the company plays a pivotal role in the generation, transmission, and trading of electricity, with a strong focus on renewable energy sources. Approximately 95% of its electricity generation comes from hydropower, underlining its commitment to sustainability and environmental stewardship. Verbund operates an extensive network of hydropower plants, complemented by wind and solar projects, and is a key player in advancing the European energy transition.
Employing over 3,000 people, Verbund is recognized for its innovation in energy storage, grid modernization, and cross-border electricity trading. The company is listed on the Vienna Stock Exchange and maintains a strong reputation for financial stability and environmental responsibility. In recent years, Verbund has expanded its renewable portfolio, invested in green hydrogen initiatives, and engaged in strategic partnerships to accelerate decarbonization efforts across industries. Its leadership in clean energy positions it as a benchmark for sustainable utility operations in Europe.
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