company_name = E.ON AG
company_type = Public (FWB|EOAN) | foundation = 2000
key_people = Wulf H. Bernotat (CEO and Chairman of the executive board), Ulrich Hartmann (Chairman of the
revenue = €68.73 billion (2007)cite web |url=http://www.eon.com/en/downloads/EON_Annual_Report_2007.pdf |title=Annual Report 2007 |accessdate=2008-08-28 |publisher=E.ON]
operating_income = profit €9.208 billion (2007) | net_income = profit €7.204 billion (2007)
num_employees = 87,800 (2007)
industry = Utilities, energy
Electricity generationand distribution, renewable energy, natural gasexploration, production, transportation and distribution
homepage = [http://www.eon.com/ www.eon.com]
intl = yes
E.ON AG (FWB|EOAN), an energy corporation based in
Düsseldorf, Germany, is the largest of the 30 members of the DAX stock indexof major German companies and a member of the "Global Titans 50" index. It came into existence through the 2000merger of VEBAand VIAG, its chief executive officer("Vorstandsvorsitzender") is Dr. Wulf H. Bernotat.
E.ON is one of the major
public utilitycompanies in Europeand the world’s largest investor-owned energy service provider. It has, for example, acquired Sydkraftin Sweden, OGK-4in Russia and Powergenin the United Kingdom. Sydkraft and Powergen have now been rebranded to E.ON Sverigeand E.ON UKrespectively. It attempted to acquire Endesa in 2006, however this acquisition was overtaken by a joint bid from Italian utility Enelin conjunction with Spanish company Acciona. E.ON did however acquire about €10 billion of assets that the enlarged Enel was required to divest under EU competition rulings.
In 2003 E.ON entered the gas market through the acquisition of
Ruhrgas(now E.ON Ruhrgas). E.ON Ruhrgas is represented in more than 20 countries in Europe.
As result of the merger E.ON inherited the subsidiaries of
VEBA, VIAGand Ruhrgasin Central and Eastern Europe. It is also present in Russia, where it has a stake in the natural gas company Gazprom(6,4%) and control of the generation company OGK-4. E.ON is present in most of Scandinavia.
In the United States, E.ON has renamed LG&E Energy to
E.ON US, and is headquartered in Louisville, Kentucky.
In Britain, E.ON will open a windfarm off the coast of Cornwall in 2008 and has, during Autumn and summer 2007 been running "Wind of Change" adverts on British TV networks; the main advert was filmed in the English seaside town of
Currently, E.ON is organized in five market units:
E.ON Energie AG, which supplies power in continental Europe
E.ON Sverige, which supplies power in Scandinavia
E.ON UK, which supplies power in the UK
E.ON US, which supplies power in the US
E.ON Ruhrgas, which supplies gas in Europe
:"Source: [http://www.opesc.org/fiche-societe/fiche-societe.php?entreprise=EON OpesC]
In February 2006 it was announced that E.ON UK would sponsor the FA Cup, the four year deal which included the Womens FA Cup and the FA Youth Cup is worth around £40 million. E.ON are also the official energy partner of The Football League and now also sponsor a collection of home programmes on Channel Five in the UK. E.ON have previously sponsored the ITV Weather, Ipswich Town football club and the Rugby Cup.
E.ON were the main kit sponsor of
Borussia Dortmundin the German Bundesliga.
E.ON Ruhrgas are the main sponsors of the IBU
biathlonWorld Cup and are the main sponsors of the Ski jumping World Cup.
E.ON Sverige sponsors the
E.ON Arena, the home arena of Swedish ice hockeyteam Timrå IK.
The NetherlandsE.ON is one of the main sponsors of the current Dutch EredivisieChampion: PSV Eindhoven.
Elbe Crossing 1
Elbe Crossing 2
Baltic-Cable( operated in cooperation with Baltic-Cable AB)
European Transmission System Operators
* [http://www.eon.com/ E.ON Global site] (in German and English)
* [http://www.eon-energie.com/ E.ON Energie (Market Unit Central Europe)] (in German and English)
* [http://www.indymedia.org.uk/en/2007/05/369652.html Anti-nuclear activists needle German power giant's annual general meeting]
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