illwerke vkw

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illwerke vkw AG
legal form Corporation
founding 1901 (VKW)
1924 (Illwerke)
2019 (merger)
Seat Bregenz , Austria
management
  • Christof Germann
  • Helmut Mennel
Number of employees 1206 (2018)
sales EUR 599 million (2018)
Branch power supply
Website www.illwerkevkw.at
Status: 2018

The illwerke vkw AG is the largest energy supply and -Dienstleistungsunternehmen in the Austrian state of Vorarlberg , headquartered in Bregenz . The company was created in 2019 from the merger of the two companies Vorarlberger Kraftwerke and Vorarlberger Illwerke , both of which were majority owned by the state of Vorarlberg. The state of Vorarlberg has a direct 95.5% interest in the newly created joint stock company of the two largest energy suppliers in Vorarlberg and an indirect interest of 4.5%. The company operates large hydropower plants throughout Vorarlberg, with the pumped storage power plants in the Silvretta region in particular being among the company's most powerful power plants.

history

The Vorarlberg Illwerke AG stood until November 1995 with a joint majority ownership of the Republic of Austria (70.1618%) and the State of Vorarlberg (25.3382%) before the country the federal government bought from its shares and thus become the sole major shareholder of the company was. On November 8, 2000, the latter in turn acquired the state of Vorarlberg's stake in Vorarlberger Kraftwerke AG and thus became the new main shareholder of VKW. Since 2001, the two stock corporations have been under joint personnel and organizational management, although they have remained legally independent companies.

In 2013, VKW AG subsequently withdrew from the stock exchange. In 2017, however, there were still more than 160,000 VKW shares (1.8% of the total) in free float held by private individuals and municipalities. VKW AG offered these small shareholders the opportunity to buy back their shares at a price of EUR 96.60 per share. After the remaining VKW small shareholders had finally been forcibly paid out in accordance with § 192 AktG, around 40 of them complained to the financial market supervisory authority about what they considered to be too low a settlement amount . Legal proceedings to clarify the amount of the appropriate severance payment are pending at the Feldkirch Regional Court .

The formerly independent energy supply and Generators Vorarlberg power plants and Vorarlberg Illwerke were eventually by orders of their respective shareholder meetings on June 13, 2019. New illwerke vkw AG merged . This merger became legally binding with the entry in the commercial register on July 2, 2019.

Business areas

Illwerke vkw AG operates in the fields of “hydropower”, “supply and services”, “energy networks” and “tourism”.

Hydropower

Power plants

Latschau reservoir
KW Rodund I + II at Vandans
The Kopssee

Due to the topographical conditions, the hydropower plants operated by illwerke vkw are mainly located in the Montafon and the Bregenzerwald . The following is listed chronologically in the order in which they were put into operation:

Small hydropower plants

  • Nüziders
  • Schoppernau
  • Walkerbach / Lech
  • Au
  • Rankweil
  • Fountain field
  • Bolgenach
  • Tschambreu
  • Stubenbach
  • Alvierbach
  • Dabaladabach

The small hydropower plants in Ebensand , Nüziders , Au , Schoppernau and Walkerbach / Lech produce outputs between 45 and 630 kW. These automatically operating run-of-river power plants are looked after by the larger power plants in the vicinity.

Energy trading

Illwerke vkw trades electricity in the market areas of Austria, Germany and Switzerland as well as natural gas in the Austrian market areas of Vorarlberg / Tyrol and in the German market area of NetConnect Germany . Energy trading is carried out on the EPEX SPOT and Energy Exchange Austria power exchanges as well as on the PEGAS gas exchange and on the most important European broker trading platforms .

Supply and service

Under the product name “vkw”, illwerke vkw offers various electricity, green electricity, natural gas and biogas products for household, business and large customers and promotes photovoltaics , heat pumps and electric mobility . Test drives with e-cars and e-bikes are offered in the “vkw vlotte” mobility center at the headquarters in Bregenz.

Energy networks

vorarlberg network

High-voltage switchgear from vorarlberg netz in the Werben substation in Dornbirn

Vorarlberger Energienetze GmbH (short: vorarlberg netz) with headquarters in Bregenz is responsible for the operation, maintenance and expansion of the Vorarlberg electricity and natural gas network. The company is 93.93% owned by illwerke vkw AG.

e-networks allgäu

Elektrizitätsnetze Allgäu GmbH (e-netze allgäu for short), based in Lindenberg im Allgäu, is responsible for the operation, maintenance and expansion of the electricity network in part of the West Allgäu region . The supply area includes the city of Lindenberg and 12 other communities. The company is 50% owned by illwerke vkw AG.

tourism

Golmerbahn, Matschwitz middle station (around 1960)

Golm Silvretta Lünersee Tourismus GmbH is a wholly owned subsidiary of illwerke vkw AG. The company operates the Silvretta High Alpine Road , the Golm winter sports and hiking area , the Vermuntbahn , the Lünerseebahn and several dining options.

Golm Silvretta Lünersee Tourismus was the first climate-neutral tourism destination in Austria in 2018. The aim is to keep your own CO 2 footprint as small as possible.

Apprenticeship training

Around 100 apprentices are employed at the headquarters in Bregenz and at the Vandans location (as of 2019) who are trained in the following professions:

  • Office clerk
  • E-commerce businessman / woman
  • Electrical engineer
  • Information technologist - systems engineer
  • application developer
  • Mechatronics engineer
  • Metal technician
  • Cable car technician
  • Surveying technician
  • Geographic information technician

management

  • illwerke vkw AG: Christof Germann and Helmut Mennel (board members)
  • Vorarlberger Energiesetze GmbH: Johannes Türtscher (Managing Director)
  • Elektrizitätsnetze Allgäu GmbH: Horst Klehenz (Managing Director)
  • Golm Silvretta Lünersee Tourismus GmbH: Judith Grass and Markus Burtscher (managing directors)

Web links

Commons : Illwerke vkw AG  - Collection of images, videos and audio files

Individual evidence

  1. ↑ a b Successful year for illwerke vkw. In: press release from illwerke vkw AG. illwerke vkw AG, June 13, 2019, accessed on June 4, 2020 .
  2. ↑ a b Vorarlberger Illwerke and VKW take millions into their hands for fusion. In: DiePresse.com . May 18, 2017, accessed July 3, 2020 .
  3. ↑ VKW small shareholders continue to demand more money. In: vorarlberg.ORF.at . October 16, 2019, accessed July 3, 2020 .
  4. ^ Dispute between the energy company and ex-shareholders. In: vorarlberg.ORF.at . March 7, 2020, accessed July 3, 2020 .
  5. ↑ Vorarlberger Illwerke and VKW want to merge in 2019. In: derStandard.at . May 18, 2017, accessed June 4, 2020 .
  6. ↑ Significantly less profit for Illwerke / VKW. In: vorarlberg.ORF.at . June 13, 2019, accessed June 4, 2020 .
  7. ↑ Andreas Scalet: Now everything is one. In: Vorarlberger Nachrichten (VN.at). June 13, 2019, accessed July 3, 2020 .
  8. ↑ Energy trading - illwerkevkw.at , accessed on June 9, 2020
  9. ↑ vkw products , accessed on June 10, 2020
  10. ↑ mobility center of vkw vlotte , accessed on June 10, 2020
  11. ↑ a b Imprint Vorarlberger Energienetze GmbH , accessed on June 6, 2020
  12. ↑ a b Imprint Elektrizitätsnetze Allgäu GmbH , accessed on June 6, 2020
  13. ↑ a b Imprint - Golm Silvretta Lünersee Tourismus GmbH , accessed on June 6, 2020
  14. ↑ First climate-neutral tourism destination . ORF.at. December 17, 2018. Retrieved July 12, 2019.
  15. ↑ The website of the apprentices at illwerke vkw , accessed on June 6, 2020
  16. ↑ Imprint illwerke vkw AG , accessed on June 14, 2020

Coordinates: 47 ° 29 ′ 16.8 ″  N , 9 ° 44 ′ 10.4 ″  E