June 18, 2013 11:36 PM ET

Multi-Utilities

Company Overview of Energie AG Oberoesterreich

Company Overview

Energie AG Oberösterreich engages in the provision of services in the areas of energy, water, and waste management. The company’s Energy segment is involved in the production and distribution of electrical energy, gas, and district heating. It generates and procures 3,137 GWh of thermal and hydraulic power; and procures 11,478 GWh of power from third parties. This segment also transports natural gas through its pipeline network of 5,200 kilometers. Its Water segment engages in the supply of drinking water, as well as in the disposal of waste water. The company’s Waste Management segment accepts, sorts, burns, and dumps household and industrial waste materials. In addition, Energie AG Oberöst...

Detailed Description

Boehmerwaldstrasse 3

Linz,  4021

Austria

Founded in 1918

7,588 Employees

Phone:

43 732 593 0

www.energieag.at

Key Executives for Energie AG Oberoesterreich

Chairman of Management Board and Chief Executive Officer
Chief Financial Officer
Chief Operating Officer and Member of Management Board
Member of Board of Management Board
Compensation as of Fiscal Year 2012.

Energie AG Oberoesterreich Key Developments

Energie AG Reportedly In Talks To Sell AVE Czech Republic; Energeticky a Prumyslovy Confirms Interest

Energie AG Oberoesterreich is in talks with Penta Holding Limited, PPF A.S. and Energeticky a Prumyslovy Holding a.s. on the potential sale of AVE Czech Republic, the Czech news agency CTK reported citing the magazine Euro report based on sources and the firms' representatives. Energeticky a Prumyslovy Holding a.s. confirmed that it has expressed interest in acquiring AVE Czech Republic, Daniel Castvaj, marketing and communication Director of Energeticky told CIA.

Energie AG Oberoesterreich Reports Consolidated Earnings Results for Fiscal 2011

Energie AG Oberoesterreich reported consolidated earnings results for fiscal 2011. For the year, the company reported revenue of EUR 2.2 billion, which was up 12.2% year on year. The operating profit was dropped by 2.6% year on year to EUR 125.6 million. The company's profit shrank by 2.2% year on year to EUR 63.2 million. All three division of the company had seen an increase of the revenue. The operating profit had been affected by one-off items and weather-related issues. Investments declined by 5.5% to EUR 169.1 million.

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