December 14, 2017 4:50 PM ET

Oil, Gas and Consumable Fuels

Company Overview of VNG - Verbundnetz Gas Aktiengesellschaft

Company Overview

VNG – Verbundnetz Gas Aktiengesellschaft, together with its subsidiaries, engages in the exploration, production, trading, service, transport, and storage of natural gas in Germany and internationally. The company holds shares in 35 licenses in Norway; and 2 licenses in Denmark, as well as participates in producing fields in Draugen, Njord, Hyme, Brage, and Ivar Aasen. It also transports gas through approximately 7,000 kilometers of a pipeline network and 450 network interconnection points; and builds and operates underground storage facilities with a working gas volume of 2.5 billion cubic meters in central and northern Germany. In addition, the company is involved in whole sale of natural ...

Braunstrasse 7

Leipzig,  04347

Germany

Founded in 1958

1,289 Employees

Phone:

49 341 443 0

Fax:

49 341 443 1500

Key Executives for VNG - Verbundnetz Gas Aktiengesellschaft

Board Member of Finance & Human Resources and Member of the Executive Board
Age: 49
Head of Gas Sales International
Head of Market Management
Head of Affiliates Management
Age: 54
Head of Gas Purchase for Eastern Europe & Germany
Compensation as of Fiscal Year 2017.

VNG - Verbundnetz Gas Aktiengesellschaft Key Developments

VNG - Verbundnetz Gas AG Appoints Ulf Heitmuller as New Chairman of the Executive Board

VNG - Verbundnetz Gas AG, or VNG has appointed Ulf Heitmuller as the new chairman of the executive board. He was previously responsible for the gas business of EnBW as Executive Director Trading & Supply. Ulf Heitmuller succeeds Dr. Karsten Heuchert (62), who left VNG on September 30, 2016. Heuchert had held this position since 2010.

Verbundnetz Gas AG Announces Ulf Heitmüller as new Chairman of the Executive Board

Ulf Heitmüller became the new Chairman of the Executive Board of VNG – Verbundnetz Gas AG on October 1, 2016. He was previously responsible for the gas business of EnBW as Executive Director Trading & Supply. Ulf Heitmüller succeeds Dr. Karsten Heuchert, who left VNG on September 30, 2016.

VNG - Verbundnetz Gas AG Announces Board Changes

VNG - Verbundnetz Gas AG at its EGM held on September 7, 2016, elected Thomas Kusterer as new Chairman of the Supervisory Board of the company. Kusterer succeeds Ulf Heitmuller, Executive Director Trading & Supply of EnBW, who had been the Chairman since November last year. Heitmuller was appointed Member of the Executive Board and new Chairman of the Executive Board of VNG with effect from October 1, 2016. He is to succeed Dr. Karsten Heuchert, who is stepping down from the VNG Executive Board for personal reasons by mutual agreement with effect from September 30, 2016.

Similar Private Companies By Industry

Company Name Region
AC Biogasanlagen Elf Management GmbH & Co. KG Europe
Adolf ROTH GmbH & Co. KG Europe
ARG mbH & Co. KG Europe
AVISTA OIL AG Europe
BAYERNOIL Raffineriegesellschaft mbH Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 27, 2016
Heizkraftwerk Halle-Trotha Gmbh
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact VNG - Verbundnetz Gas Aktiengesellschaft, please visit www.vng.de. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.