VERBUND is Austria’s leading utility and one of the largest producers of hydroelectricity in Europe. The Group generates more than four fifths of its electricity from hydropower, supplemented with thermal and wind power. Including its equity interests, VERBUND serves over four million consumers and trades electricity in 19 countries. In 2011, annual revenue totalled €3.9 billion with around 3,000 employees. With its subsidiaries and partners, VERBUND is involved in generating, transmitting and supplying electricity, international trading and distribution. Since 1988, VERBUND has been quoted on the Vienna stock exchange, with 51% of the share capital being held by the Republic of Austria.