Verbundnetz Gas AG - Company Profile
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Verbundnetz Gas AG (VNG), a subsidiary of EnBW Energie Baden-Wurttemberg AG, is an integrated energy company, which explores, stores, transports, and trades natural gas in Germany and other European countries. Strong market position, liquidity position and strong trading & sales division are its strengths, even as decrease in business performance could be a cause for concern. Nevertheless, strategic acquisitions, increasing refining capacity and increasing downstream investments could provide adequate growth opportunities to the company. However, rising labor costs in Germany, intense competition and stringent regulations could affect its operations.
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