E.ON

History

E.ON was formed as a result of the merger between the VEBA and VIAG companies in June 2000. VEBA and VIAG were founded in the 1920s and they were two of Germany’s largest industrial groups. E.ON began a corporate integration process in 2003, which aimed at establishing an increasingly uniform company image. Today, E.ON has become an international name with a high level of brand recognition.

Mission

The mission of E.ON is to become the world's leading Electricity and Gas Company. Their strategy is to grow profitably and further improve their market positions.

Area of Operation

The businesses of E.ON are:

• Power
• Electricity
• Gas
• Services

Key Statistics

• E.ON holds assets of $152.92 billion.
• E.ON has made profits of $8.75 billion in 2006.
• E.ON operates in Europe-- Central Europe, the United Kingdom, Northern Europe and U.S. Midwest.
• E.ON has 79,947 employees.

Organization

E.ON is structured along market-oriented lines. The Group structure of E.ON is as follows:

• E.ON AG, the Group's Düsseldorf-based Corporate Center.
• E.ON's lead companies, responsible for integrated management of their market units.
• Business units, which manage their day-to-day business.

The Group’s value-oriented management approach aims to boost competitiveness and achieve profitable growth. The management and leadership structure consists of:

• Board of Management
• Supervisory Board

International Ranking

• E.ON ranks 33 in the world according to Forbes Magazine list.
• E.ON ranks 64 in Fortune Global 500 list.

Subsidiaries

The E.ON Group is comprised of numerous companies. Some of these companies are: E.ON Avacon, E.ON Mitte, E.ON edis, E.ON Vendita, E.ON Sverige, E.ON U.S., E.ON Ruhrgas, E.ON UK, E.ON Bayern, E.ON Westfalen Weser and E.ON Finland.

Headquarter Address

E.ON-Platz 1
40479 Düsseldorf
Germany
Phone: 49-211-4579-0