RWE AG (until 1990: Rheinisch-Westfälisches Elektrizitätswerk AG) is a German electric power and natural gas public utility company based in Essen. Through its various subsidiaries, the energy company contributes electricity and gas to more than 20 million electricity customers and 10 million gas customers, principally in Europe. RWE is the second largest electricity producer in Germany. RWE has announced its intention to divest of American Water, the United States' largest investor-owned water utility.
In 2003 Harry Roels succeeded Dr Dietmar Kuhnt as CEO of the company, since October 2007 Dr. Juergen Grossmann is the new CEO.
RWE subsidiaries include:
|Sales||46 633||43 875||42 137||41 189||44 256|
|EBITDA||7 241||8 476||8 400||8 324||7 861|
|Net Results||1 050||953||2 137||2 231||3 847|
|Net Debt||15 494||17 838||12 385||11 438||6 864|
|Staff||131 765||127 028||97 777||85 928||68 534|
RWE-DEA looks to new horizons in the U.S.: German group seeks growth from Vista. (Vista Chemical) (Company Profile) (Cover Story)
Jul 29, 1992; German group seeks growth from Vista rwe-DEA (Hamburg), which last June paid $590 million to acquire Vista Chemical...