50Hertz Transmission GmbH Revenue and Competitors
Estimated Revenue & Valuation
- 50Hertz Transmission GmbH's estimated annual revenue is currently $238.8M per year.
- 50Hertz Transmission GmbH's estimated revenue per employee is $314,600
- 50Hertz Transmission GmbH's total funding is $1.2B.
- 50Hertz Transmission GmbH has 759 Employees.
- 50Hertz Transmission GmbH grew their employee count by 17% last year.
50Hertz Transmission GmbH Competitors & Alternatives
|Competitor Name||Revenue||Number of Employees||Employee Growth||Total Funding||Valuation|
What Is 50Hertz Transmission GmbH?
50Hertz operates the transmission grid in northern and eastern Germany, which it expands as needed for the energy transition. Our extra high voltage grid has an electrical circuit length of about 10,200 kilometres, that is the distance between Berlin and Rio de Janeiro. The 50Hertz grid area covers the states of Brandenburg, Mecklenburg-Western Pomerania, Saxony, Saxony-Anhalt and Thuringia, as well as the city states of Berlin and Hamburg. Within these regions, 50Hertz ensures grid and system stability; about 1,100 employees ensure that about 18 million people are supplied with electricity around the clock. 50Hertz is a forerunner in the field of secure integration of renewable energy: in our grid area, more than half of the electricity consumed is already generated from renewable sources, and it is constantly growing. The shareholders of 50Hertz are the Belgian transmission system operator Elia (80%) and the Kreditanstalt für Wiederaufbau (20%). As a European transmission system operator, 50Hertz is part of the Elia Group and a member of the European association ENTSO-E.keywords:N/A
Number of Employees
Employee Growth %
|Company Name||Revenue||Number of Employees||Employee Growth||Total Funding|