* For banks, enterprise value is substituted with market cap. Source: Bloomberg Finance L.P.
RWE appears in the following brand league tables:
Rank 262 in the
Global 500 2013.
Rank 19 in the Germany 50 2013.
Rank 236 in the Global 500 2012.
Rank 18 in the Germany 30 2012.
Rank 196 in the Global 500 2011.
Rank 15 in the Germany 30 2011.
Rank 136 in the Global 500 2010.
Rank 159 in the Global 500 2009.
Rank 120 in the Global 500 2008.
Rank 184 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.
The “Rheinisch-Westfälische Elektrizitätswerk AG” (RWE) was founded on April 25 in 1898 in order to initially provide the city Essen with electricity. The first power station was built in Segeroth, a suburb of Essen. In 1902, August Thyssen and Hugo Stinnes acquired the majority of RWE with the aid of their consortium including Deutsche Bank, Dresdner Bank and Disconto-Gesellschaft. Especially an aggressive acquisition policy and numerous foundations of electric power stations and public utilities under the leadership of Alfred Thiel (managing board 1902–1930) and Bernhard Goldenberg (managing board 1904–1917) quickly paved RWE’s way as one of the biggest energy companies in Germany. Between 1936 and 1966, the affiliated company “Rheinisch-Westfälische Straßen- und Kleinbahnen GmbH” was actively dealing with the energy supply for road- and train operations. In 1962, RWE already employed 15,000 employees and generated a yearly turnover of 2.1 billion Deutsche Mark (DM). One decade later, in 1972, RWE counted 56,600 employees and generated a yearly turnover of 6.8 billion DM.
In 2000, RWE merged with its competitor “Vereinigte Elektrizitätswerke Westfalen” (VEW). In 2005, RWE sold its water supply companies Thames Water in Great Britain and American Water in North America. During the last years, RWE developed from a worldwide operating energy- and water supply company to a rather energy supplying company, particularly focusing on the European market.