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Energy Source
The latest energy source industry and company news and analysis from FriedlNews
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Vorarlberg Invests Massively in Renewable Energy
The Austrian province aims for enlarging renewable energy production together with the South-German energy group EnBW. Investments total € 600m.
February 7, 2012
Too Little Competition for Energy and Pharmaceuticals
According to the Austrian institute of economic research (WIFO), electricity, energy and pharmaceuticals are too expensive.
January 2, 2012
EVN Raises Stake in Bulgarian Subsidiaries
The Austrian energy group acquired additional shares for € 45m in connection with the privatization process in Bulgaria.
December 21, 2011
Energie AG Achieves Strong Growth
The Upper Austrian energy provider recorded an increase in sales of 12.2% in the fiscal year 2010/11. EBIT was down by 2.6% to € 125.6m.
December 16, 2011
EVN Reports Decline in Profit
The Austrian energy group achieved net profit of € 189.7m in the 2010/11 financial year, a decline of 8.4% from the previous year.
December 15, 2011
Bulgaria Starts Sale of Share in EVN Bulgaria
The Bulgarian state withdraws from the Austrian energy company. 33% of the shares in EVN Bulgaria will be privatized.
December 13, 2011
Stable Electricity Consumption of Austrian Households
2003–2010: Overall electricity consumption of private households rose by 3%; highest consumption in one-person households and privately owned houses.
November 14, 2011
BDI: BioGas Operations Successfully Established on the Market
The Styrian company increased earnings to € 3.2m in the first nine months of 2011 in spite of a moderate decline in sales.
November 10, 2011
Capital Increase for Energie AG
The Upper-Austrian regional energy provider will raise its capital by € 200m.
November 5, 2011
Verbund’s Result Influenced by Impairment Tests
The Austrian electricity group presented an improved operating result for the first three quarters of the year despite weak water supply.
October 27, 2011
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