E.ON

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E.ON AG

Type	Public ISIN: DE0007614406 NYSE: EON
Founded	2000
Headquarters	Düsseldorf, Germany
Key people	Wulf H. Bernotat, CEO
Industry	utility
Products	electricity, gas
Revenue	€56.4 billion (2005)
Employees	79,947 (2005)
Website	www.eon.com

E.ON AG (ISIN: DE0007614406, NYSE: EON, LSE: EON) , based in Düsseldorf, Germany, is an energy corporation, one of the 30 members of the DAX stock index of major German companies. It came into existence through the 2000 merger of VEBA and VIAG, its chief executive officer (Vorstandsvorsitzender) is Wulf H. Bernotat.

E.ON is one of the major public utility companies in Europe and the world’s largest investor-owned energy service provider. It has, for example, acquired Sydkraft in Sweden and Powergen in the United Kingdom. These have now been rebranded to E.ON Sverige and E.ON UK respectively. It is trying to acquire Endesa in Spain.

In 2003 E.ON entered to 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, VIAG and Ruhrgas in Central and Eastern Europe. It is also present in Russia, where it has a stake in the natural gas company Gazprom. E.ON most of Scandinavia.

In the United States, E.ON has renamed LG&E Energy to E.ON U.S., and is headquartered in Louisville, Kentucky.

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

[edit] Sponsorship

On February 3, 2006 it was announced that E.ON had signed a 4 year deal to sponsor the Football Association Cup (FA Cup), along with the FA Women's Cup and FA Youth Cup, starting from the 2006/2007 season[1]. They are also the current sponsors of English Championship side Ipswich Town.

E.ON Ruhrgas are the main sponsors of the IBU biathlon World Cup. E.ON Ruhrgas are the main sponsors of the Ski jumping World Cup.

E.ON Sverige sponsors the E.ON Arena, the home arena of Swedish ice hockey team Timrå IK.

[edit] See also

European Transmission System Operators

[edit] External links

E.ON Global site (in German and English)
E.ON Energie (Market Unit Central Europe) (in German and English)
E.ON Sverige
E.ON UK
E.ON Benelux
E.ON Česká republika
E.ON Polska
E.ON Italia
E.ON Hungaria
E.ON Bulgaria
E.ON Gaz Romania
E.ON Moldova (electricity provider for Romania's Moldavia region)
E.ON Italia
E.ON U.S.
E.ON IS (The leading Full IT Service Provider for the German energy industry)

v • d • e

DAX Companies of Germany

Adidas • Allianz • Altana • BASF • Bayer • BMW • Commerzbank • Continental • DaimlerChrysler • Deutsche Bank • Deutsche Börse
Deutsche Post • Deutsche Postbank • Deutsche Telekom • E.ON • Fresenius Medical Care • Henkel • Hypo Real Estate • Infineon Technologies
Linde (The Linde Group) • Lufthansa • MAN • METRO • Munich Re • RWE • SAP • Siemens • ThyssenKrupp • TUI • Volkswagen

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