Lausitzer Braunkohle AG

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Lausitzer Braunkohle AG
(LAUBAG)
legal form Corporation
founding 1990
resolution 2002
Reason for dissolution Merger to form Vattenfall Europe
(continued as Vattenfall Mining )
Seat Senftenberg
Branch Lignite - mining and recovery

The Lusatian lignite AG (short LAUBAG ) was a brown coal mining company based in Senftenberg in Brandenburg .

history

In 1990 Lausitzer Braunkohle AG was created through privatization from the VE lignite combine Senftenberg (BKK Senftenberg). In 1993, another Lusatian lignite mining company, Energiewerke Schwarze Pump Aktiengesellschaft (ESPAG), until 1990 VE Gaskombinat Schwarze Pump , was merged into LAUBAG.

In 1994 LAUBAG was sold to a consortium by the Treuhandanstalt for 2.1 billion DM. At this were the Rheinbraun AG with 39.5%, the Preussen Elektra AG with 30.0%, the Bayernwerk AG with 15% and RWE Energie AG with 5.5% and the Baden plant , the Berlin Municipal power stations AG (BEWAG) the energy supply Schwaben (EVS), the Hamburgische Electricitäts-Werke (HEW) and the United Elektrizitätswerke Westfalen (VEW) with 2% stake.

The Lausitzer Bergbau-Verwaltungsgesellschaft (LBV) was founded to deal with the contaminated sites of the BKK Senftenberg, which later became part of the Lausitzer und Mitteldeutsche Bergbau-Verwaltungsgesellschaft .

Due to the requirements of the European Competition Commission regarding the merger of VEBA (Preussen-Elektra) and VIAG (Bayernwerk) into E.ON and the Federal Cartel Office regarding the merger of RWE and VEW, the main shareholders had to part with LAUBAG. In 2001, HEW, a subsidiary of Vattenfall since 2000 , acquired the majority of shares in LAUBAG. EON and RWE achieved sales of 2.9 billion DM for their shares in LAUBAG and Vereinigte Energiewerke AG (VEAG). In September 2002 LAUBAG was merged with the companies HEW, VEAG and BEWAG in the new company Vattenfall Europe . Lausitzer Braunkohle AG will continue to operate as Vattenfall Europe Mining AG . In 2016 Vattenfall announced that it would sell its lignite division in Germany. In the course of the sale to EPH , Vattenfall Europe Mining AG was continued under the LEAG brand as Lausitz Energie Bergbau AG .

Data

In 1999 LAUBAG delivered 90% of its annual production of 47 million tons of lignite to VEAG for power generation. The turnover was 1.4 billion DM, around 6,000 miners were employed. In 1993 there were 11,000 buddies, before the turnaround 25,000.

The five open-cast mines Jänschwalde , Cottbus-Nord , Welzow-Süd , Nochten and Reichwalde as well as the briquette factory Schwarze Pump- Mitte belonged to LAUBAG .

Web links

Individual evidence

  1. André Bleicher: The institutionalization of an organizational field - the example of the electricity industry , p.220 (PDF; 2.6 MB)
  2. German Bundestag Printed Matter 13/1660 of 14 June 1995
  3. Bundeskartellamt, merger control proceedings, decision of May 10, 2001, page 3 (PDF; 83 kB)
  4. Chronology ( Memento of February 12, 2006 in the Internet Archive )
  5. Communication from EON December 13, 2000
  6. ^ Die Zeit, October 2, 2003