Vattenfall AB · Stockholm Sweden
Company Description
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Europe's all abuzz, thanks in part to Vattenfall, which supplies and distributes electricity to 4.7 million retail customers in Denmark, Finland, Germany, the Netherlands, Norway, Poland, Sweden, the UK. The Nordic region's largest utility group has more than 32,000 MW of generating capacity in the region from interests in nuclear, hydroelectric, and fossil-fueled power plants; it also markets wholesale energy and operates district heating facilities. State-owned Vattenfall is focusing on its northern European operations. That year it acquired Belgium-based Nuon (renamed Business Gtoup Benelux) in a $10.9 billion deal, boosting its position as a major European energy group. To read the full description, subscribe now.
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Key Vattenfall AB Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $164,549.0 |
| Employees | 1,000 |
Vattenfall AB Executives
29 executives listed for Vattenfall AB's Stockholm, location.
| Title | Name & Bio | Contact |
| Chairman | Lars Westerberg | Network |
| President and CEO | Lars Josefsson | Network |
| First SEVP and CFO | Dag Andresen | Network |
Competition
Competitive Landscape for Vattenfall AB
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Vattenfall AB Competitors
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