Verbundnetz Gas AG - Company Profile
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Verbundnetz Gas AG (VNG), a subsidiary of EnBW Energie Baden-Wurttemberg AG, is a company engaged in the import and trading of gas, offering a variety of products and services. The company's major services include gas trading, transport, storage, biogas production, and digital infrastructure. VNG serves municipal utilities, industrial companies, and residential customers, providing solutions across the energy sector. The company operates through a network of subsidiaries and joint ventures, facilitating distribution and service delivery. The company has presence in Germany, Poland, the Czech Republic, Austria, and Italy, targeting European markets. VNG is headquartered in Leipzig, Sachsen, Germany.
Headquarters
Germany
Address
Braunstrasse 7, Leipzig, Sachsen, 04347
Website
www.vng.de
Telephone
49 341 4430
No of Employees
1,939
Industry
Energy and Utilities
Revenue (2024)
$17.4B
Verbundnetz Gas AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Gas Storage |
| Gas Transport | |
| Trade Fair and Exhibition Systems | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In October, the company's subsidiary BALANCE Erneuerbare Energien GmbH announced the acquisition of a biogas portfolio from Deutsche Bioenergie Verbinder GmbH, which will increase its capacity by approximately 23%, raising total output from about 199 MW to around 245 MW. |
| 2025 | Contracts/Agreements | In April, the company entered into an agreement to sell a 49% stake in BALANCE Erneuerbare Energien GmbH to CVC DIF. |
| 2023 | Asset Purchase | In March, the company’s subsidiary Erneuerbare Energien GmbH acquired its 40th biogas facility. |
Competitor Comparison
| Key Parameters | Verbundnetz Gas AG | EconGas GmbH | Essent NV | EWE Wasser GmbH | GASAG Berliner Gaswerke AG |
|---|---|---|---|---|---|
| Headquarters | Germany | Austria | Netherlands | Germany | Germany |
| City | Leipzig | Vienna | s-Hertogenbosch | Oldenburg | Berlin |
| State/Province | Sachsen | Wien | Noord-Brabant | - | Berlin |
| No. of Employees | 1,939 | - | - | - | - |
| Entity Type | Private | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ulf Heitmuller | Chief Executive Officer | Senior Management | 2016 | 60 |
| Hans-Joachim Polk | Head - Infrastructure and Technical Affairs | Senior Management | 2013 | 59 |
| Bodo Rodestock | Head - Finance, Human Resources and IT | Senior Management | 2020 | 57 |
| Dirk Gusewell | Chairman | Non Executive Board | - | - |
| Bernd-Michael Zinow | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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