VEBA
For other uses, see VEBA (disambiguation).
Aktiengesellschaft | |
Industry | Energy, Mining, Telecommunication |
Fate | Amalgamation with VIAG |
Successor | E.ON |
Founded | 8 March 1929 |
Founder | State of Prussia |
Defunct | 27 September 2000 |
Headquarters | Düsseldorf, Germany |
Area served | Europe |
Key people | Ulrich Hartmann (CEO) |
Products | Power, coal |
Revenue | €42.48 billion |
Owner | over 600 000 |
Number of employees | 130 000 |
Divisions | PreussenElektra, VEBA Oel, Degussa Hüls, Stinnes AG, Vebacom, O.tel.o |
VEBA AG (originally from Vereinigte Elektrizitäts und Bergwerks Aktiengesellschaft or "United Electricity and Mining Corporation") was a German energy company. VEBA was founded in 1929 as a holding company owned by the state of Prussia, and was privatized in 1965. In December 1982, VEBA signed a cooperation agreement with the Petróleos de Venezuela (PDVSA) for the establishment of a Joint Venture Ruhr Oel GmbH. VEBA became a part of E.ON in 2000.
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