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. The company 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*
$2.1B
Net Profit Margin (2022)
XYZ
420.3%
(2022 vs 2021)
* As of and is in US$
MVV Energie AG premium industry data and analytics
Products and Services
| Services |
|---|
| Electricity Supply |
| District Heating Supply |
| Natural Gas Supply |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Others | In December, the company filed a patent for a rail-less roof mounting system for attaching articles to a roof. |
| 2023 | Contracts/Agreements | In December, the company entered into a four-year power purchase contract with DB Energie for the supply of electricity with a total capacity of 36.5 MW. |
| 2023 | Plans/Strategy | In October, the company announced its plans to build four new and powerful wind turbines in Julich-Gusten in North Rhine-Westphalia. |
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 |
|---|---|---|---|---|
| Peter Kurz | Chairman | Executive Board | - | 61 |
| Georg Muller | Commercial Director; Chief Executive Officer | Senior Management | 2009 | 60 |
| Heike Kamradt | Deputy Chairman | Executive Board | 2017 | 54 |
| Hansjorg Roll | Head - Technology | Senior Management | 2015 | 58 |
| Ralf Klopfer | Director - Sales | Senior Management | 2013 | 57 |
| 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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