VEBA

VEBA AG

Company type	Aktiengesellschaft
Industry	Energy, Mining, Telecommunication
Predecessor	Bergwerksgesellschaft Hibernia Gelsenkirchener Bergwerks-AG Zeche Mathias Stinnes
Founded	8 March 1929
Founder	State of Prussia
Defunct	27 September 2000
Fate	Amalgamation with VIAG
Successor	E.ON
Headquarters	Düsseldorf , Germany
Area served	Europe
Key people	Ulrich Hartmann (CEO)
Products	Power, coal
Revenue	DM 8.496 billion
Owner	over 600 000
Number of employees	130 000
Divisions	PreussenElektra, VEBA Oel, Degussa Hüls, Stinnes AG, Vebacom, O.tel.o

VEBA AG (originally from Vereinigte Elektrizitäts und Bergwerks Aktiengesellschaft 'United Electricity and Mining Corporation') was a German state owned energy company. VEBA was founded in 1929^[1] as a holding company owned by the state of Prussia, and was privatized in 1965. In December 1982, VEBA signed a cooperation agreement with the Petróleos de Venezuela (PDVSA) for the establishment of a Joint Venture Ruhr Oel GmbH. VEBA became a part of E.ON in 2000.