GVG Glasfaser GmbH plans, finances, constructs and operates fiber-optic networks (FTTH) and supplies services such as telephony, internet and TV as well as related activities. The company operates under the brands nordischnet® and teranet® and, according to the report, was active in over 260 municipalities and collected more than 120,000 customer orders. GVG is the parent of 2 locate GmbH and 2provide GmbH and has founded twelve network companies (each GmbH & Co. KG) and maintains locations in Kiel, Bad Nauheim and Saarbrücken. For private and business customers it offers bandwidths up to 1 GBit/s; 2provide GmbH acts as the ISP platform and supplies IPTV as a finished product.
Beratung von Breitbandinitiatoren, die Planung, Finanzierung, Errichtung und der Betrieb von Glasfasernetzen, das Liefern von Diensten, wie zum Beispiel Telefonie, Internet oder TV, sowie alle damit im Zusammenhang stehenden Tätigkeiten
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Kiel Local Court, HRB 12827 (as of 22 October 2026)
| Name | Type | City |
|---|---|---|
| Thorsten Fellmann | Geschäftsführer(in) | Tespe |
| Michael Hegemann | Geschäftsführer(in) | Darmstadt |
| Susanne Küppers | Geschäftsführer(in) | Pötenitz |
Source: German Commercial Register (Handelsregister) Kiel Local Court, HRB 12827 (as of 22 October 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2024 | Rohergebnis€12.6M2 | -€25,018,590 | €322,281,748 | 154 |
| 2023 | Rohergebnis€8.7M2 | -€47,923,382 | €279,265,179 | 281 |
| 2022 | Rohergebnis€6.2M2 | -€28,030,782 | €180,358,550 | 238 |
| 2021 | Rohergebnis€5M2 | €0 | €103,376,493 | 145 |
| 2020 | Rohergebnis€3.3M2 | -€8,232,608 | €63,412,186 | 81 |
| 2019 | Rohergebnis€4.3M2 | -€3,002,298 | €26,734,277 | 65 |
| 2018 | Rohergebnis€2M2 | -€1,867,437 | €26,044,856 | 81 |
| 2017 | ≤ €12M1 | -€1,746,480 | €25,504,064 | 40 |
| 2016 | ≤ €12M1 | -€789,840 | €11,905,307 | 26 |
| 2015 | ≤ €12M1 | -€1,408,161 | €6,723,427 | — |
1 Small companies are not required to publish a profit-and-loss statement (§ 326 (1) HGB). The figure shown is the statutory ceiling under § 267 HGB where the balance-sheet total makes it binding — a company may exceed at most one of the three size criteria.
2 Rohergebnis nach § 276 HGB: Umsatzerlöse abzüglich Materialaufwand bzw. Herstellungskosten. Kleine und mittelgroße Kapitalgesellschaften dürfen diese Posten zusammenfassen; die Umsatzerlöse selbst sind dann nicht veröffentlicht und liegen über dem Rohergebnis.
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Source: German Commercial Register (Handelsregister) Kiel Local Court, HRB 12827 (as of 22 October 2026)
| Cost type | Amount | Share |
|---|---|---|
| Personnel Costs | €11,972,138 | 38.0% |
| Interest & Similar | €19,502,615 | 62.0% |
