Lower Austrian energy sector giant EVN AG has suffered a slight decline in turnover despite selling more electricity and gas to customers in the past winter. The firm announced today (Thurs) its turnover slid by 0.9 per cent to 2.16 billion Euros from the first three quarters of the 2009/2010 business year to the next […]
Tag: EVN
EVN turnover slides
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The turnover of electricity and gas provider EVN AG has dropped slightly, new figures show.The Lower Austrian company said today (Thurs) it achieved a turnover of 1.63 billion Euros in the first half of the 2010/2011 business year, 0.3 per cent less than in the same period of the previous business year.EVN added that its […]
EVN debts decreasing
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EVN AG, one of Austrias main energy providers, has announced it has managed to reduce its debts.EVN said today (Thurs) that it had debts of 1.37 billion Euros in the first quarter of the 2010/2011 business year, 6.9 per cent less than in the same period of the previous business year. EVN added its investments […]
Miners trapped as EVN cuts off energy
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Dozens of Bulgarian miners were trapped below ground after an Austrian energy provider turned of the mines electricity supply over unpaid bills, it has emerged.Bulgarian newspapers revealed yesterday (Weds) 80 workers were caught in shafts in the Balkan 2000 mine near the town Tvardiza for more than four hours on 28 December after Maria Enzersdorf-based […]
EVN boss quits
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One of Austrias leading energy providers is to get a new chairman as Burkhard Hofer announced he has decided to step down as head of EVNs executive board.The Lower Austrian company announced today (Weds) that the 66-year-old asked the supervisory board to release him from his position next month. EVN explained that its supervisory panel […]
EVN completes capital increase
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Energy producer EVN AG has finalised its capital increase.The Lower Austrian company, which is listed on the Vienna Stock Exchange (WBAG), said today (Mon) it expected proceeds from the move to be around 180 million Euros.The Lower Austrian government is the main stakeholder in the Maria Enzersdorf-based firm with a 51 per cent interest.German energy […]
EVN fined over dominance in Bulgaria
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Bulgarian legal chiefs have confirmed an anti-monopoly bodys decision to fine Austrian firm EVN.Local media report today (Weds) that the federal Supreme Administrative Court has ruled that the Competition Protection Commission acted “correctly and lawfully” in handing the energy provider a 77,000-Euro fine over its dominant market position.Meanwhile, the construction of a hydro power plant […]