MVV Energie AG (MVV1.DE) XETRA

30.40

+0.1(+0.33%)

Updated at September 29 05:36PM

Currency In EUR

MVV Energie AG

Address

Luisenring 49

Mannheim, 68159

Germany

Phone

49 621 290 0

Sector

Utilities

Industry

Diversified Utilities

Employees

6672

First IPO Date

February 14, 2000

Key Executives

NameTitlePayYear Born
Dr. Gabriël ClemensChief Executive Officer, Commercial Director & Chairman of the Executive Board01971
Dr. Christoph MeierChief Executive Officer of Energieversorgung Offenbach0N/A
Ms. Verena AmannPersonnel & Labour Director and Member of Executive Board976,0001981
Mr. Ralf KlöpferSales Director & Member of Executive Board1.05M1966
Dr. Hansjörg RollChief Technology Officer & Member of Executive Board1.19M1965
Dr. Simon KalvodaHead of Facility Management & Employee Representative Member of Supervisory Board01969
Dr. Martin AuerHead of Corporate Legal, Compliance and Materials Management0N/A

Description

MVV Energie AG, together with its subsidiaries, provides electricity, heating energy, gas, water, and other products primarily in Germany. The company operates through five segments: Customer Solutions, New Energies, Supply Reliability, Strategic Investments, and Other Activities. The Customer Solutions segment engages in the energy and water retail and wholesale, direct marketing of renewable energy, commodities, and service and trading businesses. This segment also offers services to third-party customers. The New Energies segment operates waste, biomass power, biomethane, and biogas plants; and photovoltaics systems and wind turbines. This segment also engages in the national and international project development, and operation and management of windfarms and solar parks. The Supply Reliability segment engages in the conventional combined heat and power generation activities; and operates electricity, district heating, gas, and water grid facilities with a total length of approximately 19,300 kilometers. The Strategic Investments segment engages in operation of energy generation plants and grid facilities. The Other Activities segment provides metering, billing, and information technology services. It serves industrial, retail, private households, real estate, commercial, and business customers. The company was founded in 1974 and is based in Mannheim, Germany. MVV Energie AG operates as a subsidiary of MVV Verkehr AG.