MVV Energie AG - Company Profile
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MVV Energie AG (MVV) is an energy utility company that provides electricity, district heating, gas, and other related services. The company operates through trading and portfolio management, generation and infrastructure, sales and services, strategic investments, and others. MVV is involved in energy trading, energy procurement and portfolio management services, among others. It generates electricity using biomass and biogas plants; biogenic share of waste/RDF; wind power; hydroelectricity; and photovoltaics sources. It serves retail customers, commercial enterprises, the housing industry and agriculture, redistributors, commercial enterprises and industrial customers, local authorities, municipal utilities, and public entities in Germany. The company has operations in Germany, the UK and the Czech Republic. MVV is headquartered in Mannheim, Germany.
Headquarters
Germany
Address
Luisenring 49, Mannheim, Baden-Wurttemberg, 68159
Website
www.mvv.de
Telephone
49 621 2900
No of Employees
6,419
Industry
Alternative Energy
Ticker Symbol & Exchange
MVV1 (ETR)
Revenue (2022)
$7.0B
11.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
457.8%
(2022 vs 2021)
Market Cap*
$2.2B
Net Profit Margin (2022)
XYZ
420.3%
(2022 vs 2021)
* As of and is in US$
MVV Energie AG premium industry data and analytics
Products and Services
| Services |
|---|
| Electricity Supply |
| District Heating Supply |
| Water Supply |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Divestiture | In March, the company’s wholly owned subsidiary sold the shares it holds in Juwi Shizen Energy Inc. and Juwi Shizen Energy Operation Inc. |
| 2024 | Others | In February, the company announced the completion of solar farm for Deriva and the commencement of operations and maintenance service. |
| 2024 | Regulatory Approval | In February, the company received regulatory approval for constructing and operating an energy-from-waste combined Heat and Power Facility on the industrial estate at Algores Way. |
Competitor Comparison
| Key Parameters | MVV Energie AG | EnBW Energie Baden-Wurttemberg AG | RWE AG | EWE AG | Mainova AG |
|---|---|---|---|---|---|
| Headquarters | Germany | Germany | Germany | Germany | Germany |
| City | Mannheim | Karlsruhe | Essen | Oldenburg | Frankfurt Am Main |
| State/Province | Baden-Wurttemberg | Baden-Wurttemberg | Rheinland-Pfalz | Niedersachsen | Baden-Wurttemberg |
| No. of Employees | 6,419 | 28,630 | 20,135 | 10,185 | 3,103 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Christian Specht | Chairman | Executive Board | 2023 | 58 |
| Georg Muller | Chief Executive Officer; Commercial Director | Senior Management | 2009 | 61 |
| Heike Kamradt-Weidner | Deputy Chairman | Executive Board | 2017 | 55 |
| Ralf Klopfer | Director - Sales | Senior Management | 2013 | 58 |
| Hansjorg Roll | Head - Technology | Senior Management | 2015 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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