The business model of Energie AG Oberösterreich

Energie AG is headquartered in Linz, Upper Austria. Energie AG’s market area includes Austria, the Czech Republic, and Northern Italy. The electricity and gas-related sales activities in Germany will be discontinued at the end of calendar year 2021.

As a provider of electricity, gas, heating, water, waste management, information and communication technology services, the Company works to deliver the highest levels of quality and reliability in its products, processes and services.

As a competent, responsible and competitive Group, Energie AG aspires to offer its customers products and services that generate additional value, represent fair value and are regionally available. This helps to ensure a general spirit of partnership when interacting with customers, employees, suppliers and the general public.

As the Company’s core business area, the Energy Segment spans electricity generation, electricity procurement, electricity and gas sales, heat supply in Austria and telecommunications sales services. The range of services also encompasses energy efficiency services, such as energy audits for large organisations, energy certificates and building modernisation plans, special energy contracting models and system optimisation strategies.

The Grid Segment comprises the construction and operation of the electricity and gas grid as the backbone of Upper Austria's supply with electricity and gas by Netz Oberösterreich GmbH (Netz OÖ GmbH), a fully owned subsidiary of Energie AG.

The Waste Management Segment offers integrated waste management and custom-designed waste management solutions in Austria and Northern Italy. This includes the collection, acceptance, storage, sorting, management and incineration (including slag processing) of domestic and commercial waste, as well as recovery and reuse of recycling materials in this area.

The Czech Republic Segment offers comprehensive drinking water supply and waste water management services in the Czech Republic. The business models include concession, operator and service contracts; specialised water, waste water and heating services; and construction and installations. Cities, local authorities, associations, industrial enterprises, housing companies and housing cooperatives are the contractual partners who form the Czech Republic Segment’s client base.

In addition to the management and control functions of the holding company, the Holding & Services Segment comprises the Telecommunications and Metering Services business area, commercial and technical services and some subsidiaries consolidated at equity that are not assigned to other segments. The commercial and technical service companies provide services for the entire Group. Starting with fiscal year 2021/2022, the area of Metering Services will be integrated into Netz OÖ GmbH.

Disclosures about changes under corporate law during the 2020/2021 fiscal year are provided in the Group Management Report, Changes under corporate law. The overview of financial key figures Energie AG Oberösterreich at a glance is part of the Group Annual Report.

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