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Serving 3m people in Germany with heat and electricity, it is Germany's third-largest energy company. Vattenfall says it owns "more than 90% of the shares".
The result of a 2002/2003 merger between VEAG, HEW and BEWAG, at its creation Vattenfall Europe had 20000 employees, but planned to lose 3000 jobs by 2005.
Subsidiaries
Company name |
Percentage | Operates in |
|---|---|---|
| Energieversorgung Sachsen-Ost AG (ESAG) | 29.10 | Germany |
| Laubag | 100.00 | Germany |
| Städtische Werke AG Kassel | 24.90 | Germany |
Parent companies
|
Company name |
Percentage | Operates in |
|---|---|---|
| Vattenfall | 94.00 |