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Home > Company Index > Conglomerates > Conglomerates > RAG Aktiengesellschaft

RAG Aktiengesellschaft
 PROFILE
Though Germany's coal production is declining, it's no ragtag operation for RAG. Formerly Ruhrkohle AG, RAG is Germany's largest coal producer, as well as an international energy and technology conglomerate with some 460 companies. RAG's operations include domestic coal and coke mining (Deutsche Steinkohle), and international mining (RAG Coal International). Other subsidiaries include STEAG (power station management and process technology); Saarberg (environmental services and power generation); RÜTGERS (chemicals, plastics, and construction); and RAG Immobilien (real estate and construction). German energy firms E.ON and RWE own 37% and 30% of RAG, respectively.

 COMPETITION
BHP Billiton (BHP)
CONSOL Energy Inc. (CNX)
Peabody Energy Corporation (BTU)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 13,935.70
1-Yr. Sales Growth: 1.2%
Employees: 92,770
Revenue per employee: $150,217.74

 KEY PEOPLE
• Karl Starzacher
    CEO
• Klaus Rudiger Trützschler
    CFO

 CONTACT INFO
Rellinghauser Strasse 1-11
45128 Essen, Germany
Phone: 49-201-177-1
Fax: 49-201-177-3475
Online: Web Site

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