Verbund AG
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About Verbund AG
Verbund AG is an electric utility company in whom the Republic of Austria holds a controlling interest. Verbund generates, transports, sells, and trades electricity and other energies throughout Europe. The company does this through its portfolio of hydroelectric, wind, solar, and thermal power plants. Hydroelectric energy accounts for most of Verbund’s total production. The company generates the vast majority of its revenue from the sale of electricity, while the operation of electric grids also represents a significant revenue stream. Verbund’s primary markets are Germany and Austria, where it operates the national electricity transmission grid. The company’s customers mainly include energy traders and resellers. Verbund is one of the largest hydroelectric energy producers in Europe.
Frequently asked questions
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The ticker symbol for Verbund AG is VERB:xwbo. You can use this code to quickly find the stock in Saxo’s platforms and track its price and performance.
Verbund AG has its primary listing on Wiener Börse/Vienna Stock Exchange. You can trade Verbund AG with a Saxo account, alongside thousands of other stocks worldwide.
Yes, Verbund AG is available to trade on SaxoInvestor and SaxoTraderGO. You can buy shares directly and include Verbund AG as part of a broader investment portfolio. Explore our SaxoInvestor platform.
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