RWE Aktiengesellschaft · Essen Germany ·(Pink Sheets: RWEOY)(German: RWE)

RWE doesn't stand for Runs With Electricity, but it could. Through its subsidiaries, the energy conglomerate provides electricity and gas to residential and business customers, primarily in Central and Western Europe. RWE is one of Germany's top two electricity suppliers (along with E.ON); it also owns major UK-based utilities, and German-based electricity and gas supplier RWE npower. RWE owns oil and gas exploration and production unit RWE-DEA; other businesses include companies engaged in gas transportation and storage, power generation (including wind), energy trading, information technology, and coal mining. In 2008 RWE served 14 million electricity customers, and 6 million gas customers. To read the full description, subscribe now.