RWE AG (RWE) is an energy utility company. The company has presence across the energy value chain, from lignite production and electricity generation to energy trading and operation of distribution networks, and supply of electricity, gas, and energy solutions. It produces electricity using conventional, nuclear, and renewable sources. RWE trades electricity, oil, natural gas, biomass, coal, and CO2 certificates; retails electricity and gas; and sources fuel needed to produce electricity and heat, and markets the electricity generated by its plants. It also plans, builds, and operates renewable energy facilities; and manages electricity and gas distribution networks. The company serves residential, commercial, industrial, and corporate customers in European Union member countries, Benelux, Eastern Europe, and other countries in the continent. RWE is headquartered in Essen, Nordrhein-Westfalen, Germany.
Headquarters
Germany
Address
RWE Platz 1, Essen, Rheinland-Pfalz, 45141
Website
www.rwe.com
Telephone
49 201 51795009
No of Employees
19,275
Industry
Power
Ticker Symbol & Exchange
RWE (ETR)
Revenue (2022)
$40.3B
56.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
276.8%
(2022 vs 2021)
Market Cap*
$31.3B
Net Profit Margin (2022)
XYZ
141.6%
(2022 vs 2021)
* As of and is in US$
RWE AG premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Gas | Gas Storage |
| Electricity | Gas Transportation |
| Trading of Energy Products |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Others | In May, the company begun construction of battery storage facilities at its power plant locations in Neurath and Hamm. |
| 2023 | Acquisitions/Mergers/Takeovers | In May, the company acquired 49% interest in NSC from Northland for US$37.57 million. |
| 2023 | Contracts/Agreements | In May, the company along with NTE and Kontiki Winds entered into a partnership to participate in the Utsira Nord tender. |
Competitor Comparison
| Key Parameters | RWE AG | Electricite de France SA | EnBW Energie Baden-Wurttemberg AG | Vattenfall AB | Energeticky a Prumyslovy Holding AS |
|---|---|---|---|---|---|
| Headquarters | Germany | France | Germany | Sweden | Czech Republic |
| City | Essen | Paris | Karlsruhe | Solna | Prague |
| State/Province | Rheinland-Pfalz | Ile-de-France | Baden-Wurttemberg | Stockholm | North Bohemian |
| No. of Employees | 19,275 | 165,028 | 27,326 | 19,638 | 11,453 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Werner Brandt, Ph.D. | Chairman | Executive Board | 2013 | 69 |
| Markus Krebber, Ph.D. | Chief Executive Officer; Director | Executive Board | 2021 | 49 |
| Michael Muller, Ph.D. | Director; Chief Financial Officer | Executive Board | 2021 | 52 |
| Zvezdana Seeger | Director - Labour; Chief Human Resources Officer | Executive Board | 2020 | 59 |
| Ralf Sikorski | Deputy Chairman; Director | Executive Board | 2021 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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