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With roughly EUR76 billion in sales and over 200,000 employees, E.ON is Germany's third-largest industrial group. Formed by the VEBA-VIAG merger, E.ON is a company with a clear focus and premier positions in its core energy and specialty chemicals businesses.
E.ON Energie: the new energy company.
E.ON's energy companies?E.ON Energie AG and VEBA Oel?supply Germany and Europe with electricity, heating, water, petroleum, and natural gas.
Munich-based E.ON Energie AG was formed on July 13, 2000, by the tie-up of PreussenElektra and Bayernwerk. It is Europe's largest private power company. The company will oversee the Group's electricity, gas and water activities. The erngy group's subsidiaries are responsible for managing day-to-day business.
Along with its Aral subsidiary (www.aral.de), VEBA Oel is Germany's leading petroleum group. Beginning in August 2000, VEBA Oel will be aligned in three strong and independent business units: Marketing, Refining & Petrochemicals, and Exploration & Production.
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