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EVN

Fischer: Room for Further Trade with Albania

Austrian President Heinz Fischer was paying a visit to Western Balkan States.

May 22, 2014

CEZ Bulgaria in “Full Compliance with the Law”

CEZ, along with other foreign utilities in Bulgaria, does not regard itself being obliged to pay a certain amount to state-controlled utility NEK.

May 9, 2014

Gazprom May Face Proceedings by Austrian OMV

OMV considers arbitral proceedings against Russian Gazprom in case no joint solution will be found.

October 9, 2013

EVN Records Lower Net Profits

Business development Q. 1–3 2012/13

August 29, 2013

Electricy Thieves Caused Losses for EVN in Bulgaria.

Austrian energy provider EVN lost € 800,000 because of electricity thieves.

August 27, 2013

EVN: Transfer of Shares

EVN carries out and terminates release of own shares to employees.

August 8, 2013

EVN Forced to Lower Electriciy Prices in Bulgaria

Austrian energy provider EVN is ordered by the regulator to drop electricity prices.

July 30, 2013

Austria: EVN Hits Brakes with Expansion of Solar Energy

The fast expansion of solar electricity in the province of Lower Austria is straining the power supply system. EVN is therefore limiting the power supply for some projects. Plant operators are infuriated.

July 11, 2013

EVN Arbitration Proceedings Against Bulgaria to Start

EVN AG commences investment treaty arbitration against the Republic of Bulgaria.

June 21, 2013

Lopatka: "EU Enlargement is a Driver for Reforms and Rule Of Law"

State Secretary Lopatka on DARUM EUROPA information tour.

June 18, 2013

EVN to Release Shares To Employees

EVN plans to release own shares to employees.

June 14, 2013

Changes at EVN: Reduction of the Board

The Supervisory Board of EVN AG has decided in its meeting on June 12th, not to fill the vacant position due to the retirement of the Member of the Board Herbert Pöttschacher.

June 13, 2013

Austria: EVN Results Expected to Be Below Estimates

EVN specifies expected consolidated Group net profit as of 09/30/2013

May 2, 2013

EU Ready to Adopt Measures Over CEZ in Bulgaria

Van Rompuy promised to take actions during his visit in Prague.

April 29, 2013

EU Examines Bulgarian Electricy Market

On request of the Bulgarian Government, an expert group will examine the prices for electricity after the protests. Another issue is the independence of the energy regulator.

April 12, 2013

Law Files Against Bulgaria from EVN and CEZ.

Power Suppliers EVN, CEZ and Energo Pro have to face high losses. CEZ announced to file a law against Bulgaria as well.

April 3, 2013

EVN to Get Support by State Secretary

State Secretary Lopatka intervened in EVN’s dispute with Bulgarian government. He urges Bulgaria to ensure protection of investments.

March 29, 2013

EVN to Start Arbitration Procedure

Today, Austrian power supply company EVN informed the state of Bulgaria about opening arbitration proceedings.

March 19, 2013

Austria: EVN To Sell Devoll Hydropower To Statkraft A. S.

Agreement regarding the sale of EVN AG's stake in Devoll Hydropower ShA, a project entity for the construction of a hydro power plant in Albania, to Statkraft A.S.

March 14, 2013

Bulgaria: EVN Under Surveillance

While the Austrian power supplier EVN is currently kept under surveillance of the Bulgarian judiciary and government, protests by the citizens all over the country continue.

March 11, 2013

Bulgaria: Electricity Rate to be Reduced by 7 %

Experts still fear that the reduction in electricity prices will not help stopping protests.

March 6, 2013

EVN Suffers from Business in Bulgaria

In the first quarter of its business year 2012/13, the Austrian energy group recorded a decrease in net income. Outlook 2012/13: results from operating activities and Group net profit are expected to be below the prior-year level

February 28, 2013

CEZ: Czech Republic Calls Brussels for Help

After the Czech energy group CEZ has lost its license in Bulgaria, the Czech government wants Brussels to put pressure on Sofia.

February 25, 2013

Bulgaria Cuts Energy Prices

After heavy citizens´ protests, the Bulgarian government has lowered the energy prices by 8%. Moreover, the Czech energy group CEZ loses its license.

February 19, 2013

Protests in Bulgaria Threaten to Escalate

Despite the resignation of Minister of Finance Simeon Djankov, the protests go on and may turn into riots. The opposition wants to hold new elections.

February 19, 2013

Austria: Regional Energy Providers Invest Massively in Renewable Energy

In 2013, the regional energy supplier Energie AG wants to invest € 180m. The Vienna-listed EVN group intends to increase its renewable energy portfolio by € 800m until 2020.

January 16, 2013

EVN to Enlarge Renewable Energy Production and Expand into Russia

The Vienna-listed energy producer wants to change its energy production portfolio. The hydro power, wind power and solar power production will be enlarged.

December 17, 2012

EVN Posts Mixed Results

The Austrian energy company records an increase in revenues. EBIT fell by 7.0%, net profits grow slightly. Outlook 2012/13: Group net profit is expected to be on the prior-year level.

December 13, 2012

EVN´s Subsidiaries to Delist

EVN: Delisting of EVN's two Bulgarian subsidiaries from the Bulgarian Stock Exchange.

September 24, 2012

EVN and Verbund Open the Ashta Hydropower Plant in Albania

The project company “Energji Ashta“ and its owners EVN and Verbund are opening the first section of the Ashta hydropower plant (Ashta I) on the Drin River in Northern Albania.

September 18, 2012

Bulgarian President Wants to Attract Austrian Investors

On the occasion with a meeting between the Bulgarian President Rosen Plevneliev, the Austrian President Heinz Fischer and Lower Austria´s governor Erwin Pröll, Plevneliev underlined the importance of Austrian investors for Bulgaria.

September 17, 2012

Germany to Depend on Austria´s Electricity “for the next 50 years“

After Germany´s nuclear exit, the German energy production faces new challenges, Michael Fuchs at the biggest German power grid operator Tennet thinks that Austria and Germany have a symbiotic relationship.

September 8, 2012

EVN Posts Solid Results

Outlook 2011/12: Group net profit is expected to be at the same level of the previous year. Refinancing syndicated revolving credit facility of € 500.0m.

August 30, 2012

Verbund and EVN Develop Hydro Power Projects in Albania

The Austrian energy companies are interested in developping hydro power projects in the Western Balkan country. The investment volume reaches € 80m.

June 6, 2012

EVN Takes up € 500m Loan

The Austrian energy company secured fefinancing of ist existing syndicated revolving credit facility.

June 4, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-31)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Analyses and Comments.

May 31, 2012 · Updated: May 31, 2012; 18:02

Stable Results at EVN

The Austrian energy supplier reports stable revenues and earnings in the first quarter of 2012. Net income soared by 13.6%.

May 31, 2012

EVN Expands into Serbia

EVN subsidiary WTE Wassertechnik GmbH wins the contract for construction of a drinking water treatment plant in Zrenjanin, Serbia.

April 19, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-11)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

April 11, 2012

EVN Raises Investments in Croatia

The Austrian energy company expects the beginning of a market consolidation in Croatia. Investments are rising.

March 21, 2012

EVN to Delist Bulgaria Units

Austria's EVN AG plans to delist its two units in Bulgaria just two months after the trade with their shares started on the local stock exchange.

March 7, 2012

Higher Profits and Revenues at EVN

The Austrian energy provider recorded a slight increase in profits (+1.8%) and revenues (+3.4%). EVN expects stable results in 2012.

February 28, 2012

EVN: Rise in Sales, Decline in Profits Expected

The Austrian energy company will publish its results for the first quarter on February 28. Earnings should rise, profits should fall, RCB estimates.

February 24, 2012

Decrease in Austrian Oil and Natural Gas Production

In 2011, production of oil was down by 4.7% to 919,437 tonnes. Natural gas production fell by 6.6%.

February 14, 2012

Massive Increase in Energy Consumption

Austrian power plants are running at full speed. Energy supply was up by 14% last week.

February 11, 2012

Gazprom to Double Natural Gas Reserves in Europe

The Russian natural gas supplier Gazprom intends to improve supply security in Europe. Gas reserves in Austria should be extended too.

February 10, 2012

Burgenland Holding Improves Results

The subsidiary of the Austrian energy supplier EVN is still in the red.

February 9, 2012

EVN Acquires Wind Park

The Austrian energy supplier expands its green power portfolio.

January 27, 2012

Germany Calls for Austrian Electricity

In order to guarantee stability of the German power grid, Austria has to export more electricity to Germany.

January 5, 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
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