Group-wide strategic and organisational project

A group-wide strategic and organisational project named “LOOP” was initiated back in March 2023. This project triggered active shaping of the energy transition towards a sustainable energy future. During the reporting period, the project entered its second phase, which focused on deriving and implementing specific measures.

One significant milestone was the investment in the Slovenian project company AAE Gamit, which will develop wind power and PV projects in Slovenia. Another key element in shaping the transition to sustainable energy was the start of construction of the Ebensee pumped-storage power plant in October 2023. With its flexibility and storage capacities, this project makes a decisive contribution to improving security of supply.

The creation of the new “Group Innovation” holding unit on 1 October 2023 saw the implementation of a further measure from the “LOOP” strategy project, establishing the basis for the on-going development of Group-wide innovation management to boost Energie AG’s innovative drive. The organisational merger of Telekom GmbH, Business Services GmbH and Customer Services GmbH paved the way for the implementation of another important measure to make even better use of strengths and synergies at the customer interface in the future, particularly in the field of telecommunications and IT. The newly formed entity, Services und Digital Solutions GmbH, focuses on optimising customer processes by improving service quality and reducing waiting times through fully digitalised solutions with a high degree of automation. Beyond this, Group-wide digitalisation is being driven forward by bundling IT processes.