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November 29, 2015 12:06 PM ET

Commercial Services and Supplies

Company Overview of RAG-Stiftung

Company Overview

RAG-Stiftung ensures that the RAG Corporation could discontinue subsidized coal mining in a socially acceptable manner by the end of 2018. The company would finance RAG’s perpetual mine management obligations related to coal mining from 2019. RAG-Stiftung was founded in 2007 and is based in Essen, Germany.

Rüttenscheider Straße 1-3

Essen,  45128


Founded in 2007


49 201 801 3320

Key Executives for RAG-Stiftung

Chief Executive Officer
Chief Financial Officer
Compensation as of Fiscal Year 2015.

RAG-Stiftung Key Developments

RAG Ready To Seek Buyer For Stake In Evonik

RAG-stiftung is ready to seek a buyer for 68% stake in Evonik Industries AG (DB:EVK), head Werner Mueller told. RAG is not in a hurry to sell and currently does not plan on selling Evonik shares.

RAG-Stiftung Planning Acquisitions Of SMEs

Evonik Industries AG’s (DB:EVK) owner, RAG-Stiftung is planning to make acquisitions. RAG-Stiftung said that is has established two investment vehicles to acquire stakes in small- and medium sized firms (SMEs) in order to diversify and reduce the risk of its portfolio. RAG said earlier in 2014 that it was too exposed to the chemicals sector. RAG’ Chief Financial Officer, Helmut Linssen said, “We will concentrate on SMEs in Germany, Austria and Switzerland that have sales of about €100 million/year and are positioned well on global markets.”

RAG Seeks Acquisitions

RAG-Stiftung is seeking acquisitions. RAG's future plans include investing in medium-sized German-based companies, which are not active in the chemical industry.

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