E.ON Hanse AG · Quickborn Germany
Company Description
Phone: +49-4106-6-29-0
Fax: +49-4106-6-29-3940
View E.ON Hanse AG Locations On A US Map
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This link will open in a new window Between Denmark and Poland stands E.ON Hanse. Part of the E.ON family of companies, E.ON Hanse is a regional energy supplier, with more than 1.2 million customers in five states in the northeastern region of Germany. The company supplies natural gas, electricity, water, and waste management services. It also offers energy supply plans and offers real estate development services to local governments. E.ON Hanse was created by the merger of Schleswag (Rendsburg), Hein Gas (Hamburg), and Hanse Gas (Schwerin). E.ON Energie, a subsidiary of energy giant E.ON, owns about three-quarters of E.ON Hanse. To read the full description, subscribe now.
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Key E.ON Hanse AG Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $2,941.0 |
| Employees | 2,700 |
E.ON Hanse AG Executives
3 executives listed for E.ON Hanse AG's Quickborn, location.
| Title | Name & Bio | Contact |
| Managing Individual Clients | Roman Kaak | Network |
| Spokesperson | Iris Franco Fratini | Network |
| Managing Residential and Commercial Customers | Matthias Wendel | Network |
Competition
Competitive Landscape for E.ON Hanse AG
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top E.ON Hanse AG Competitors
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