Leipzig utility and transport company
| LVV Leipziger Versorgungs- and Verkehrsgesellschaft mbH
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| legal form | GmbH |
| founding | November 13, 1997 |
| Seat | Leipzig , Saxony |
| management | Michael M. Theis (speaker), Ulf, Middelberg, Volkmar Müller, Karsten Rogall |
| Branch | Services of general interest |
| Website | www.l.de |
The LVV Leipziger utilities and transport mbH (LVV) was founded 1997th It acts as a management holding company and performs management and control functions for the Leipzig Group. The city of Leipzig is its sole shareholder . The business activities of their companies include the sectors energy ( Stadtwerke Leipzig ), mobility ( Leipziger Verkehrsbetriebe ) and drinking water / wastewater ( Wasserwerke Leipzig ). The companies operate independently on the market in their respective areas of responsibility.
task
LVV was founded as a management holding and performs the management and control function of the Leipzig Group in the interests of the City of Leipzig. The operational core business and the company's own responsibility are not restricted. With the coordination and bundling of service functions that are not part of the operational core business, profitability is to be increased and synergy effects achieved. The cross-company activities thus support the portfolio companies in their economic management. On the basis of a guideline agreed with the Gesellschaft Stadt Leipzig, the conceptual work is carried out with those responsible in the companies.
history
In June 1997 the city council decided to transfer the municipal shares in the transport companies to the LVV and to sell the municipal shares in the municipal utilities and the waterworks to the LVV. The LVV was entered in the commercial register on November 13, 1997 . In 1999, the financing of the transport companies was reorganized with the conclusion of the transport service financing agreement. The profits from municipal utilities and waterworks made it possible to subsidize local public transport (ÖPNV).
The Stadtwerke entered electricity trading . The Leipzig Power Exchange merged with the Frankfurt Power Exchange to form European Energy AG (EEX), based in Leipzig. The Leipzig group also took on tasks in urban development: development and supply of new commercial and residential building sites. Modern substations were built.
From mid-2006 there were plans to sell 49.9 percent of the Stadtwerke shares in order to relieve the city's budget. There was a referendum in which 87 percent were in favor of retaining municipal stakes in Leipzig's most important municipal companies. According to the Saxon municipal code, the result is binding for the administration for a period of three years. Even before it expired, the administration clearly acknowledged that it would continue to regard the result as binding for companies in the core of the group.
The city council decided to develop the LVV into a management holding company and to use its steering function in the interest of further successful urban development. In 2008 the realignment of LVV began as a management holding. The LVV was commissioned by the council to continue to repay its shareholder loan.
At the beginning of 2016, the group of companies controlled by LVV redesigned its brand identity. Since then it has appeared as the “Leipziger” brand family. The subsidiaries were brought together under a uniform logo with the unifying lettering "Leipziger" and a common website. The aim was to unite the subsidiaries in a publicly effective manner.
Web links
Individual evidence
- ↑ Imprint. In: www.l.de. LVV Leipziger Versorgungs- und Verkehrsgesellschaft mbH, accessed on June 19, 2016 .
- ^ LVV group with a new brand: "Leipziger". In: www.l.de. LVV Leipziger Versorgungs- und Verkehrsgesellschaft mbH, January 12, 2016, accessed on June 19, 2016 .