please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . february 2014 learn how and when to remove this template message e.on se e.on headquarters in essen type societas europaea traded as fwb eoan otcqx eongy industry electric utility predecessor veba viag preussenelektra e.on ag founded 2000 ; 16 years ago 2000 headquarters essen germany area served europe united states key people johannes teyssen ceo and chairman of the executive board werner wenning chairman of the supervisory board products electrical power natural gas services electricity generation and distribution natural gas exploration production transportation and distribution revenue 116.56 billion 2015 1 profit 6.377 billion 2015 total assets 113.369 billion 2015 number of employees 56 490 end 2015 subsidiaries e.on ruhrgas e.on uk e.on sverige e.on russia preussenelektra uniper website www.eon.com e.on se 2 marketed with an interpunct as e on is a european holding company based in essen north rhine westphalia germany . it runs one of the world s largest investor owned electric utility service providers . the name comes from the greek word aeon which means an age . 3 the company is a component of the euro stoxx 50 stock market index . 4 it operates in over 30 countries and serves over 33 million customers . 5 it is one of the 30 members of the dax stock index of major german companies and a member of the global titans 50 index . its chief executive officer vorstandsvorsitzender is dr. johannes teyssen . 6 e.on separated its conventional power generation and energy trading operations into a new company uniper on 1 january 2016 . e.on retained its retail and distribution business and will restructure its nuclear operations under a new fully owned business named preussenelektra . uniper is due to be fully divested from e.on in mid 2016 . 7 8 contents 1 history 2 operations 2.1 nuclear energy 2.2 windfarm projects 2.2.1 carbon intensity 2.3 business services 3 financial data 4 sponsorship 4.1 sports 4.2 arts 5 facilities 6 see also 7 references 8 external links history edit e.on came into existence in 2000 through the merger of energy companies veba and viag vereinigte industrieunternehmungen ag ; united industrial enterprises corporation . in the united kingdom powergen was acquired by e.on in january 2002 . 9 in 2003 e.on entered the gas market through the acquisition of ruhrgas now e.on ruhrgas . e.on ruhrgas is represented in more than 20 countries in europe . e.on also acquired sydkraft in sweden and ogk 4 in russia . sydkraft and powergen were rebranded to e.on sverige and e.on uk respectively . in the united states e.on inherited louisville kentucky based lg & e energy via the acquisition of powergen and operated it as e.on us until 2010 when e.on us was sold to pennsylvania based ppl for 7.625 billion . the sale was closed on 1 november 2010 with e on us becoming lg & e and ku energy . 10 e.on attempted to acquire endesa in 2006 however this acquisition was overtaken by a joint bid from italian utility enel in conjunction with spanish company acciona . e.on acquired about 10 billion of assets that the enlarged enel was required to divest under eu competition rulings . 11 in july 2009 the european commission fined gdf suez and e.on 553 million each over arrangements on the megal pipeline . 12 13 it was the second biggest fines imposed by the european commission and first one on the energy sector . 12 14 in 1975 ruhrgas and gaz de france concluded a deal according to which they agreed not to sell gas in each other s home market . the deal was abandoned in 2005 . 12 in 2009 e.on and rwe established an equally owned joint venture horizon nuclear power to develop around 6 000 mwe of new nuclear capacity in the united kingdom by 2025 at the wylfa and oldbury sites . however in march 2012 e.on and rwe announced they were pulling out of the project due to difficult financial conditions . 15 in august 2011 the company announced a possible loss of 10 000 of its 85 600 employees due to the german decision to close all the country s nuclear power stations by 2022 instead of by 2036 as the bundestag had decided on 28 october 2010 . 16 17 as a result e.on developed an enhancement program to reorganize the company . the company made progress in implementing its strategy and will increase its activities in growth markets outside europe . the next step is to enter the brazilian market . 18 in may 2014 the uk energy sector regular ofgem ordered the company to pay 330 000 of its customers a total sum of 12 million due to poor sales practices the company engaged in between june 2010 and december 2013 . at the time it was the largest penalty levied against a uk energy supplier . 19 operations edit e.on is one of the major public utility companies in europe and the world s largest investor owned energy service provider . as result of mergers e.on inherited the subsidiaries of veba viag and ruhrgas in central and eastern europe . it is also present in russia where it controls the generation company ogk 4 . e.on is present in most of scandinavia . e.on is organized into the following business areas customer solutions energy networks renewables nuclear energy edit brunsb ttel nuclear power plant e.on operates six nuclear power plants in germany through its subsidiary e.on kernkraft gmbh employing about 2600 workers . 20 it owns the following nuclear power plants brokdorf nuclear power plant vattenfall europe nuclear energy gmbh owns 20 % and e.on 80 % . emsland nuclear power plant kr mmel nuclear power plant brunsb ttel nuclear power plant stade nuclear power plant unterweser nuclear power plant grohnde nuclear power plant it also owns one third of the brunsb ttel nuclear power plant which was shut down in 2007 because of a long history of malfunctions and as part of a nuclear power phase out the plant has since not been used . 21 on september 10 2015 e.on announced that the nuclear power division would not be spun off as part of the future uniper due to political pressure from the german government . 22 instead it will be retained by e.on and operated under a separate division known as preussenelektra . windfarm projects edit eon is a major wind energy player across multiple countries . it has assets in the uk sweden germany poland and the usa . 23 notably e.on uk owns 30 % of the london array project which is a very large wind generation scheme in the thames estuary . another notable wind farm is roscoe which was the largest windfarm in the world at the time of completion and for a number of years afterwards . carbon intensity edit year production twh emission gt co2 kg co2 mwh 2002 216 91.78 425 2003 186 93.83 504 2004 245 101 .39 413 2005 229 101 .17 442 2006 221 100 .8 456 2007 247 106 .04 429 2008 239 100 .07 418 2009 216 84.7 393 see also list of european power companies by carbon intensity business services edit e.on business services previously e.on it until 30 september 2013 and is energy is the it service provider of the energy company e.on . it bundles business services for finance and hr as well as it under a single roof and employs around 3 800 people . these are located at four legal entities in germany ebs gmbh ebs berlin gmbh ebs hanover gmbh and ebs regensburg gmbh ; plus legal entities in eight further countries benelux czech republic hungary italy romania slovakia sweden and united kingdom . 24 before the veba and viag merged to become e.on these companies were provided with it services by synergis gmbh and gedos mbh . after the merger in 2001 these two companies became is energy . the new company was a partnership of e.on energie ag 74.78 % and cap gemini ernst & young ag 25.22 % . in 2005 cap gemini ernst & young relinquished its minority stake to e.on s regional suppliers . this created is energy which as a result of the change of partners became e.on is a direct subsidiary of e.on . in 2006 e.on is extended its product range to include telecommunications services . at the same time the company s international expansion continued . citation needed financial data edit profit of e.on se 2010 2014 25 financial data in millions of euro years 2002 2003 2004 2005 2006 sales 37 059 46 363 49 103 56 399 67 759 ebitda 7 680 9 458 10 520 10 272 11 353 net results 2 777 4 647 4 339 7 407 5 057 net debt 13 979 7 855 5 483 3 863 268 staff 107 856 66 549 69 710 79 947 80 612 source opesc sponsorship edit sports edit e.on uk sponsored the fa cup for four years from 2006 to the end of the 2009 10 football season . 26 the four year deal which included the fa women s cup and the fa youth cup was worth around 40 million . e.on is the official energy partner of the football league and sponsors a collection of home programmes on channel five in the uk . e.on has previously sponsored itv weather the ipswich town football club and the rugby cup . between 2000 and 2006 e.on was the main kit sponsor of german bundesliga club borussia dortmund . e.on ruhrgas is the main sponsor of the ibu biathlon when world cup and is the main sponsor of the ski jumping world cup when . e.on sverige has sponsored the home arena of swedish ice hockey team timr ik since 2003 . e.on was one of the main sponsors of 2007 2008 dutch eredivisie champions psv eindhoven . arts edit between 1998 and 2014 e.on spent more than 30 million euros 41 million supporting the museum kunstpalast located next to the corporate headquarters in d sseldorf . 27 in 2014 e.on decided to sell jackson pollock s number 5 elegant lady 1951 a painting the company has owned since 1980 at christie s auction to keep funding the museum kunstpalast . 28 pollock had swapped it in 1954 with new york gallery owner martha jackson for the convertible in which he had a fatal accident two years later . in 1980 ulrich hartmann head of veba s corporate board office pushed for the purchase from art dealer alfred schmela . the acquisition was considered the foundation for e.on s art collection of more than 1 800 works . 27 facilities edit elbe crossing 1 elbe crossing 2 gkk etzenricht baltic cable operated in cooperation with baltic cable ab see also edit companies portal european transmission system operators gesellschaft f r nuklear service power to gas scroby sands wind farm references edit annual report e.on se . eon.com . structure . retrieved 20 november 2012 . questions and answers about e.on group what does e.on mean . retrieved 22 december 2011 . name liste name werte boerse frankfurt.de . boerse frankfurt.de . retrieved 2016 02 03 . who we are . an overview . retrieved 18 january 2011 . energieversorger erneuerbare energien strom gas e.on se . eon.com . retrieved 2016 02 03 . nicola stefan . eon split to fortify german clean energy transformation . bloomberg . retrieved 2 september 2015 . eon kraftwerksgesch ft wird uniper hei en . handelsblatt . reuters . 2015 04 27 . retrieved 4 september 2015 . world business briefing europe e.on to buy powergen nytimes.com . query.nytimes.com . 10 april 2001 . retrieved 2016 02 03 . ppl completes acquisition of two kentucky utility companies . pplweb.mediaroom.com . retrieved