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Last €24.30 EUR
Change Today -0.51 / -2.06%
Volume 5.5M
RWE On Other Exchanges
As of 3:45 PM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

rwe ag (RWE) Snapshot

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Day High
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52 Week High
07/3/14 - €32.98
52 Week Low
01/15/15 - €21.66
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Current Stock Chart for RWE AG (RWE)

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rwe ag (RWE) Details

RWE Aktiengesellschaft, an electricity and gas company, generates, distributes, and sells electricity, as well as produces, distributes, and sells gas. It operates power stations based on lignite, coal, gas, nuclear power, renewable energies and waste and oil; and pumped-storage and run-of-river power plants, as well as generates heat. The company is also involved in the supply and trade of electricity, gas, coal, oil, CO2 certificates, and biomass-based renewables in physical and derivative forms; and provision of consultancy services. RWE Aktiengesellschaft offers its products and services to residential and commercial customers, industrial and corporate customers, and distributors in Germany, the Netherlands, Belgium, the United Kingdom, and Central Eastern and South Eastern Europe. It serves approximately 16.4 million electricity customers and approximately 7.8 million gas customers; and operates and maintains a 2,460 kilometers (km) gas transmission grid, as well as a 342,000 km electricity grid, 38,000 km gas grid, and 9,100 km of water supply grid. The company was founded in 1898 and is headquartered in Essen, Germany.

60,439 Employees
Last Reported Date: 11/13/14
Founded in 1898

rwe ag (RWE) Top Compensated Officers

Chairman of Executive Board, Chief Executive ...
Total Annual Compensation: €2.8M
Chief Financial Officer and Member of Executi...
Total Annual Compensation: €1.5M
Deputy Chairman of the Executive Board and Ch...
Total Annual Compensation: €1.9M
Chief Human Resource Officer and Member of Ex...
Total Annual Compensation: €1.1M
Compensation as of Fiscal Year 2013.

rwe ag (RWE) Key Developments

Germany Reportedly Adds Conditions For Urenco Stake Sale

Germany seeks to take part in the decision-making process and even to fire executives at Urenco Limited after a possible sale of its stake in thecompany, daily Sueddeutsche Zeitung reported. The new owners of the should allow Germany to make strategic and financial requirements, the report stated citing a letter by Economy Minister Sigmar Gabriel to German Green Party atomic expert Sylvia Kotting-Uhl in the Bundestag. The letter also detailed conditions that could be attached to a possible sale of the stake. The report stated that the German government should be able to intervene if it sees a risk to nuclear non-proliferation, the control of sensitive technology or the energy supply. Germany holds about 33% stake in Urenco through RWE AG (DB:RWE) and E.ON SE (DB:EOAN). The British and Dutch governments hold the rest of the stake. RWE and E.on seek to sell their stake, which is difficult because of the complicated ownership structure of Urenco and would require the approval by Britain and the Netherlands. Britain is also preparing a sale of its stake, a spokesman for the British Treasury Department has said earlier. The government is in discussions with owners of Urenco over the available options. The Dutch government does not plan a stake sale. Urenco is valued about €10 billion.

Leonid Lebedev Files Complaint Against RWE

Leonid Lebedev has filed a complaint against RWE and its former CEO Juergen Grossmann with the district court of Essen, seeking damages in the three-digit million euro range. The damage claims amount to EUR 875 million (USD 999 million), including accrued interest. The complaint is connected to the joint purchase into the Russian electricity supplier TGK-2 on which the two companies agreed on. Under the agreement, Lebedev's company Sintez was to bid for a majority stake in the utility and then transfer a large share to RWE. The Russian company acquired the stake in March 2008, but RWE cancelled the deal in September, sending shares in Sintez plunging. The lawsuit is scheduled to start on February 12, 2015.

RWE AG Presents at 10th SRI Conference, Feb-04-2015

RWE AG Presents at 10th SRI Conference, Feb-04-2015 . Venue: Hilton, Hochstrabe 4, 60313 Frankfurt/Main, Germany.


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