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Company nameRWE AG
Company typeAktiengesellschaft (FWB - RWE)
IndustryUtilities, energy
HeadquartersEssen, Germany
Key peopleJürgen Großmann (President and CEO), Manfred Schneider (Chairman of the supervisory board)
ProductsElectricity generation and distribution, renewable energy, natural gas exploration, production, transportation and distribution
Revenue-50.72 billion (2010)
Operating income-7.681 billion (2010)
Net income-3.308 billion (2010)
Total assets-93.08 billion (end 2010)
Total equity-17.42 billion (end 2010)
Employees70,860 (FTE, end 2010)

     Home | Company | RWE

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 previously owned American Water, the United States' largest investor-owned water utility, but this was divested in 2008. Subsidiary RWE Dea produces some of the oil and gas its parent sells (annual production is around 2 million m3 of crude oil (about 365,000 boe) and 3 billion m3 of natural gas (about 18 million boe, 49,300 boe a day). It's the largest German investor in Egypt (RWE Dea and RWE Power do business in Egypt). Also RWE has begun building more wind farms, a renewable energy business that has helped to reduce energy prices in Europe.

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