Vattenfall

Vattenfall AB
Company typeState-owned enterprise
IndustryEnergy production
Founded1909 as Kungliga Vattenfallsstyrelsen
HeadquartersSolna, Sweden
Key people
Mats Granryd [sv]   (Chairman of the Board) Anna_Borg_(företagsledare) [sv] (President and CEO)
ProductsElectricity generation, distribution and sales, district heating, renewable energy.
ServicesCharging solutions for electric vehicles, energy efficiency
RevenueIncrease 290.168 billion kr (2023)
Increase 16.991 billion kr (2023)
Increase 10.395 billion kr (2023)
Total assetsIncrease 588.591 billion kr (2023)
Total equityIncrease 139.429 billion kr (2023)
OwnerSwedish state – 100%[1]
Number of employees
20,000 FTE – December 2023
Websitegroup.vattenfall.com
Footnotes / references
Statistics from the 2023 financial statements[2]

Vattenfall is a Swedish multinational power company owned by the Swedish state.[3] Beyond Sweden, the company generates power in Denmark,[4] Finland,[5] Germany,[6] the Netherlands,[7] and the United Kingdom.[8]

The company's name is Swedish for "waterfall", and is an abbreviation of its original name, Royal Waterfall Board (Kungliga Vattenfallstyrelsen).

  1. ^ "The parent company of the Vattenfall Group, Vattenfall AB, is a non-listed company, 100 per cent owned by the Swedish state". 2023-12-31.
  2. ^ "Vattenfall Annual and Sustainability Report 2023". Retrieved 2023-12-31.
  3. ^ "Governance structure". Vattenfall. Retrieved 2019-11-21.
  4. ^ "Vattenfall Places First Turbine in New Wind Power Farm off Danish Coast". Renewable Energy World. 2018-07-24. Retrieved 2019-11-21.
  5. ^ "Vattenfall and Nivos Energia launch new partnership in Finland". Bioenergy International. 2019-10-09. Retrieved 2019-11-21.
  6. ^ "Germany says Vattenfall has no grounds to seek arbitration over nuclear phase-out". Reuters. 2018-05-08. Retrieved 2019-11-21.
  7. ^ "Vattenfall building $39m hybrid energy park in Netherlands". Power Engineering International. 2019-08-14. Retrieved 2019-11-21.
  8. ^ Vaughan, Adam (2017-05-01). "State-owned Swedish firm Vattenfall enters UK energy market". The Guardian. ISSN 0261-3077. Retrieved 2019-11-21.