Verbund Reviews

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Approve of CEO
Verbund Chairman Managing Board Wolfgang Anzengruber
Wolfgang Anzengruber
1 Rating
  • I had a good experience at Verbund, but it was a different style versus an American company.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Natural Gas Trader in Vienna (Austria)
    Former Employee - Senior Natural Gas Trader in Vienna (Austria)
    Doesn't Recommend
    Negative Outlook

    I worked at Verbund full-time (More than 5 years)


    Verbund provides a great work life balance.


    There is a lot of bureaucracy and it was very difficult and slow to get decisions made on all aspects of business within the company. The decision makers on the holding board took way too long to make decisions.

    Advice to Management

    Please learn to make decisions at a faster pace and allocate more funds to the trading group..

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Additional Info

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Headquarters WIEN, Austria
Size 1001 to 5000 Employees
Founded 1947
Type Company - Public (VER)
Industry Oil, Gas, Energy & Utilities
Revenue $2 to $5 billion (USD) per year

Verbund sells electricity to households and small and large companies in Austria and to large customers eslewhere in other Europe (Germany, France and other countries),Verbund Group generates its power from about 90 hydropower plants it owns, as well as another 20 for which it has procurement rights, and nine thermal power plants. The generating assets produce about 28,300 gigwatt hours of energy per year. Verbund wholesales electricity to European traders and resellers. The Republic of Austria owns 51% of Verbund.

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