Thüga
| Thüga Aktiengesellschaft
|
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|---|---|
 |
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| legal form | Corporation |
| founding | 1867 |
| Seat | Munich , Germany |
| management | Michael Riechel ( Chairman of the Board of Management ) Wolfgang Kalsbach ( Chairman of the Supervisory Board ) |
| Number of employees | 19,316 (Thüga Group, December 31, 2017) |
| sales | 20.0 billion euros (Thüga Group, 2017) |
| Branch | Energy industry |
The Thüga Aktiengesellschaft in 1867 in Gotha as Thuringian Gas Company ( Thü ringer Ga founded s AG) and is today with around 100 municipal utilities the largest network of municipal energy and water service providers in Germany. As a rule, cities and municipalities hold the majority of these companies, which are owned by Thüga AG through Thüga Holding . 240 employees work at Thüga Aktiengesellschaft, compared to 19,316 employees in the Thüga Group (as of December 31, 2017).
The companies bundled in the Thüga Group generated sales of EUR 20.0 billion in 2017. Around 1.9 million customers were supplied with gas and around 4.0 million with electricity.
history
Foundation and early years
Thüga goes back to the Thuringian Gas Company (ThGG) founded by Theodor Weigel in Gotha ( Thuringia ) in 1867 . First, the company acquired two gas works near Leipzig and began supplying gas to the up-and-coming Saxon city in the course of industrialization . The company's headquarters were soon relocated to Leipzig, from where the further expansion of the gas supply in Saxony was carried out.
Around 1900 Thüga was one of the largest gas suppliers in what was then the German Empire, with a focus on Saxony and Thuringia. In 1913, with the start of supply activities in the Bavarian region, the foundation stone for nationwide expansion was laid. From the 1920s, Thüga expanded its activities to Baden-Württemberg. In the Harz and Lower Saxony, new focuses emerged with plants in Bad Harzburg (later Goslar), Osterode, Kassel and Sarstedt. A few years later, the ThGG acquired the majority in the Aktiengesellschaft für Licht- und Kraftversorgung (LUK), Munich, as well as shares in the Rheinische Wasserwerk Gesellschaft . In 1930, Preussische Elektrizitäts AG and Elektra AG, Dresden (from 1918: Aktiengesellschaft Sächsische Werke , ASW), acquired equal shares in the majority of ThGG.
In the years 1930 to 1939, the energy industry activities expanded from the Rhine to East Prussia and from the North Sea to beyond the southern national borders. In 1948 the entire assets of the ThGG outside the newly emerging Federal Republic were expropriated. Cologne became the new company headquarters. In the period that followed, the heavily damaged gas infrastructure was quickly rebuilt. Bavaria, where Thüga participated in numerous regional energy suppliers and municipal utilities, was now a focus. In 1972, Thüga took over a minority stake in a larger German public utility, the Freiburger Energie- und Wasserversorgungs-AG (today badenova ), and since the 1970s further share purchases have followed this pattern. In 1979 the company merged with its subsidiary LUK, relocated its headquarters to Munich and from then on operated under the name Thüringer Gas Aktiengesellschaft (Thüga).
In the mid-1980s, the group consisted of 27 holdings in regional suppliers, and its own gas business increasingly faded into the background. In 1986 the company name was also officially renamed to the already common abbreviation Thüga AG , which should also illustrate the departure from the former core business of gas. Between 1991 and 1996, Thüga invested around DM 1.1 billion in formerly state-owned East German energy providers, primarily in the former home region of Saxony, Saxony-Anhalt and Thuringia. In 1998, Thüga acquired additional shares in Mainova Aktiengesellschaft , which had emerged from the merger of the utility companies of Stadtwerke Frankfurt am Main GmbH and Maingas AG, Frankfurt, and thus held a 24.0 percent stake. A broad acquisition of municipal utilities in Rhineland-Palatinate began.
In 2000, large and small municipal utilities throughout Germany, especially in Rhineland-Palatinate, Hesse, Baden-Württemberg and Lower Saxony, joined the Thüga Group. At the same time, various forms of cooperation such as mergers and mergers developed in the Thüga Group.
Reorganization under the E.ON umbrella
2001 saw due to antitrust requirements in connection with the merger VEBA / VIAG and RWE / VEW to the real division of rhenag AG (old), Cologne. Thüga held the majority of the votes in the newly founded Thüga Beteiligungen Aktiengesellschaft (ThüBet). ThüBet was assigned 18 holdings of the former rhenag in Hesse, Rhineland-Palatinate and Saxony. CONTIGAS outsourced essential parts of the business operations to Thüga and became a partner in Thüga. The Thüga Group thus represented the nationwide largest network of local and regional energy providers in which municipal partners hold a majority. After initially being held as a holding by E.ON AG, Thüga AG has belonged to E.ON Ruhrgas , a sub-division of the E.ON Group, since December 2004 through the wholly-owned E.ON subsidiary E.ON Ruhrgas Thüga Holding GmbH .
Purchase by Integra / Kom9
On December 1, 2009, the acquisition of the shares previously held by E.ON in Thüga by municipal companies organized in the consortia Integra and Kom9 GmbH & Co. KG was completed. The Integra consorts enercity (today enercity Aktiengesellschaft), Mainova Aktiengesellschaft (Frankfurt), and N-ERGIE Aktiengesellschaft (Nuremberg) each hold 20.53 percent of the Thüga shares, the Kom9 municipal utility group 38.41 percent of Thüga Holding GmbH & Co . KGaA. This holds 81.10 percent in Thüga Aktiengesellschaft and a further 18.90 percent through the wholly-owned subsidiary CONTIGAS Deutsche Energie-Aktiengesellschaft. The Kom9 is a consortium of 54 (as at 1st January 2014) municipal utility companies in Germany.
The Thüga holdings in GASAG , HEAG Südhessische Energie , Stadtwerke Duisburg and Stadtwerke Karlsruhe were transferred to E.ON Ruhrgas in accordance with the purchase agreement .
Further development
Effective January 1, 2009, Thüga transferred ownership of its gas and electricity supply networks to Thüga Energienetze GmbH and bundled the sales activities in Thüga Energie GmbH . With economic effect from January 1, 2010, Thüga acquired a 25.1 percent stake in the Schwerin-based regional supplier WEMAG AG . Thüga acquired 24.9 percent in Städtische Werke Aktiengesellschaft, Kassel , and 20.0 percent in Stadtwerke Energie Jena-Pößneck GmbH . In 2011, Thüga acquired 20.0 percent of Stadtwerke Freudenstadt GmbH & Co. KG.
In December 2012, Thüga acquired an indirect stake in Koblenzer Elektrizitätswerk und Verkehrs-AG through its 57.5% stake in EKO2 GmbH . In Thuringia, Thüga increased its commitment in 2013 and took over 15.2 percent of the shares in TEAG Thüringer Energie AG . After the merger of Energieversorgung Mittelrhein GmbH with Koblenzer Elektrizitätswerk und Verkehrs-AG, Thüga has an indirect interest of 39.97 percent in today's Energieversorgung Mittelrhein AG through EKO2 GmbH . The 10.0 percent stake in Frankengas GmbH held by Thüga was sold to N-ERGIE Aktiengesellschaft in 2014 .
At the beginning of 2016, Thüga took a 49.9 percent stake in a start-up company for the first time, namely eness GmbH. The object of the company is the sale of solar systems with storage through municipal utilities to end customers. Thüga has held 100.0 percent of the shares in Syneco Trading since the end of March 2016. The two subsidiaries Thüga SmartService GmbH (previously Thüga MeteringService GmbH) and Thüga Energiedienstleistungen GmbH were merged on January 1, 2017.
In 2017, Thüga concentrated its investment activities on innovative start-up companies and also took a stake in High-Tech Gründerfonds III GmbH & Co. KG. At the beginning of 2017, Thüga participated in homeandsmart GmbH in Karlsruhe together with KIC InnoEnergy SE and badenova AG & Co. KG. The aim of the company is to set up and operate a manufacturer-independent internet portal on the subject of smart homes in Germany under the domain “homeandsmart.de”. In the second quarter of 2017, Thüga acquired shares in smartlab Innovationsgesellschaft mbH from Aachen. With ladenetz.de and E-clearing.net, the company operates two of the leading billing platforms for electromobility in Germany and Europe. In 2018, the participation in HTGF led to a joint investment in the start-up company Geospin GmbH. The young company from Freiburg im Breisgau offers software solutions for analyzing geodata with which companies and municipalities can objectively identify geographic success factors and successfully position their product and service offerings.
Business activity
As a minority partner, Thüga Aktiengesellschaft is the core of the nationwide largest network of municipal energy and water suppliers. Your tasks include advice and services from partner companies. The common goal is to strengthen the entrepreneurial development of the Thüga Group, to drive the value retention and development of the individual companies, to initiate joint projects and to promote cooperation within the group. The Thüga Holding GmbH & Co. KGaA is the parent company of Thüga Aktiengesellschaft.
Supervisory board of Thüga Holding GmbH & Co. KGaA
As of May 2, 2018
- Peter Feldmann , Lord Mayor of the City of Frankfurt am Main, Chairman of the Supervisory Board
- Ralf Claus, Lord Mayor of Ingelheim, 1st Deputy Chairman of the Supervisory Board
- Michael Bauta, chairman of the works council of Thüga Aktiengesellschaft, 2nd deputy chairman of the supervisory board
- Sven Gerich, Lord Mayor of the state capital Wiesbaden
- Kerstin Grass, consulting engineer in the network strategy department at Thüga Aktiengesellschaft
- Christine Kastning, graduate economist, Hanover
- Ulrich Köngeter, Managing Director of Stadtwerke Villingen-Schwenningen GmbH
- René Löhner, commercial employee, Thüga SmartService GmbH
- Ulrich Maly , Lord Mayor of Nuremberg
- Axel von der Ohe, city treasurer of the state capital Hanover
- Harald Riedel, Finance Officer for the City of Nuremberg
- Frank Teubert, dispatcher, Thüga Energienetze GmbH
Management of Thüga Holding GmbH & Co. KGaA
Status: January 1, 2018. The general partner, Thüga Management GmbH, is responsible for managing the company.
- Michael Riechel , Chairman and also Chairman of the Management Board of Thüga Aktiengesellschaft
- Matthias Cord , Deputy Chairman and also Deputy Chairman of the Management Board of Thüga Aktiengesellschaft
- Christof Schulte , also a member of the Management Board of Thüga Aktiengesellschaft
Individual evidence
- ↑ Data and facts about the Thüga and Thüga Group
- ↑ Thüga partner
- ↑ Note: Sum of all individual data from Thüga and its affiliated companies in which Thüga has a stake of at least 20 percent.
- ↑ Shareholder and participation structure of Thüga Holding GmbH & Co. KGaA and Thüga Aktiengesellschaft on cdn-thuega.trurnit.de
- ↑ Data and facts about Thüga
