degewo netzWerk GmbH

degewo netzWerk GmbH, based in Berlin, constructs and operates technical infrastructure, notably energy generation facilities, energy networks and communication networks, and rents and leases land and buildings. In fiscal year 2024 the company reported revenue of EUR 36,414,163.62, including revenues from energy supply contracts (TEUR 22,725), metering technology contracts (TEUR 8,109) and broadband and fiber-optic cable contracts (TEUR 6,826). The company is a subsidiary of degewo AG, is included in the consolidated financial statements and is subject to a profit transfer agreement, so the profit of TEUR 5,920 for 2024 was transferred to the shareholder and the reported net income is EUR 0.00. In the 2024 reporting year the company had an average workforce of 53 employees and made significant investments in technical assets, notably refurbishment/renewal of heating systems and expansion of fiber-optic cable networks (additions TEUR 4,840).