STEAG

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STEAG GmbH, a wholly owned subsidiary of RAG Group, is a German power company. The company operates eleven hard coal-fired power plants, of which eight are located in Germany, and one in Turkey, Colombia and Philippines. It operates also in the field of transport, processing and distribution of es hard coal, coke and byproducts from coal processing, as also in the field of gas supply, transport and trading.


[edit] Restructuring

As a result of Restructuring of RAG Group, in September 2007 STEAG became a part of Evonik Industries AG. This company now unites the chemicals, energy, and real estate business areas of RAG. It employs nearly 43,000 people and generates sales of 14.8 billion euro. It operates in growth markets in more than 100 countries with its corporate center located in Essen, Germany.

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