Founded only recently in 2000, E.ON SE is a European holding company headquartered in Dusseldorf, North-Rhine Westphalia, Germany.
Image: company website
The company derives its name from a Greek word meaning “an age”, namely aeon. Primarily listed on the Frankfurt Stock Exchange as EOAN and having secondary listing on the OTC markets group as EONGY, the company also forms a Euro Stoxx 50 stock market index component.
It also features as a member of the DAX Stock index comprising major European companies and is also a proud member of the Global Titans 50 index. The areas of operation span over 30 countries delivering power services to more than 33 million customers.
The current CEO and chairman of the executive board is Johannes Teyssen. At the start of this year i.e. January 1, 2016, the company shifted its traditional power generation and other operations lik energy trading into a new company by the name of Uniper with E.ON retaining the business of retail and distribution of power. Another new company was subsequently formed to take care of its nuclear operations business named PreussenElektra. The company operates through mainly its subsidiaries a few of which are E.ON UK, E.ON Russia etc.
Through means of its operations the company provides for the daily bread and butter of more than 56490 employees.