This is a first in the German energy sector. E.ON Energy Trading, a subsidiary of the German energy giant E.ON, is the first German company to turn into a European Company (SE). After signing, on April 16, 2009, an agreement on the involvement of workers in the new SE, E.ON Energy Trading SE registered on the trade registered on may 29, 2009. Unlike other German businesses which made that choice, the "conversion" into a SE led to improved workers' representation rights. (Ref. 090596)
Turning into a SE for the image. Located in Düsseldorf like the parent company, E.ON Energy Trading is one of the largest subsidiaries of the E.ON group, called market units. Since January 2008, the company has been responsible for selling and buying electricity, gas, coal, oil and CO2 certificates for E.ON on different European stock exchanges. Georg Opperman, Director of External Communication, says E.ON Energy Trading decided to become a European Company to point to the European character of
…You are reading this article thanks to your subscription to Mind Retail.
Explore new horizons by checking out our other verticals:
Do you have information to share with us?