* For banks, enterprise value is substituted with market cap. Source: Bloomberg Finance L.P.
E.ON appears in the following brand league tables:
Rank 114 in the
Global 500 2013.
Rank 12 in the Germany 50 2013.
Rank 88 in the Global 500 2012.
Rank 8 in the Germany 30 2012.
Rank 8 in the Germany 30 2011.
Rank 84 in the Global 500 2011.
Rank 104 in the Global 500 2010.
Rank 95 in the Global 500 2009.
Rank 124 in the Global 500 2008.
Rank 179 in the Global 250 2007.
2013 brand performance*
* Figures taken on 31st December 2012.
2012 brand performance*
* Figures taken on 31st December 2011.
2011 brand performance*
* Figures taken on 31st December 2010.
2010 brand performance*
* Figures taken on 31st December 2009.
E.ON was formed in June 2000 after the merger of VEBA and VIAG which have both been found in the 1920s. Back then, also chemicals, telecommunication, real estate and other activities belonged to the activities of the two former companies, including well-known brands such as Klöckner & Co, Degussa, E-Plus, or Viag Intercom. After VEBA’s and VIAG’s IPO in 1965, both company’s underwent a strict cost management procedure and had to face an intensive reorganisation within the electricity, chemicals, distribution/logistics, and real estate management division. As a result, the focus was narrowed down to energy and telecommunications on the one side, while focussing on innovative industries in the area of aluminium, chemicals and packaging on the other side. After deciding to merge VEBA and VIAG into E.ON, it was agreed to solely focus on energy in the future. With this merger, E.ON Ag became the owner of Ruhrgas AG, representing Germany’s largest gas provider with a current market share of around 60%.