RAG Aktiengesellschaft
Encyclopedia
RAG AG, formerly Ruhrkohle AG, is the largest German
coal mining
corporation
. The company headquarters are in Herne
in the Ruhr area
. The company was founded on 27 November 1968, consolidating several coalmining corporations into the Ruhrkohle AG.
On 12 September 2007 as a result of restructuring
, the business areas of chemicals, energy
and real estate
were transferred to the new business entity Evonik Industries AG
.
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
coal mining
Coal mining
The goal of coal mining is to obtain coal from the ground. Coal is valued for its energy content, and since the 1880s has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from iron ore and for cement production. In the United States,...
corporation
Corporation
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...
. The company headquarters are in Herne
Herne, Germany
Herne is a city in North Rhine-Westphalia, Germany. It is located in the Ruhr area directly between the cities of Bochum and Gelsenkirchen.- History :Like most other cities in the region Herne was a tiny village until the 19th century...
in the Ruhr area
Ruhr Area
The Ruhr, by German-speaking geographers and historians more accurately called Ruhr district or Ruhr region , is an urban area in North Rhine-Westphalia, Germany. With 4435 km² and a population of some 5.2 million , it is the largest urban agglomeration in Germany...
. The company was founded on 27 November 1968, consolidating several coalmining corporations into the Ruhrkohle AG.
On 12 September 2007 as a result of restructuring
Restructuring
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs...
, the business areas of chemicals, energy
Energy
In physics, energy is an indirectly observed quantity. It is often understood as the ability a physical system has to do work on other physical systems...
and real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
were transferred to the new business entity Evonik Industries AG
Evonik Industries
Evonik Industries is an industrial corporation in Germany owned by RAG Foundation and one of the world´s leading specialty chemicals companies. It was created on 12 September 2007 as a result of restructuring of the mining and technology group RAG...
.
External links
- RAG Global Site (in GermanGerman languageGerman is a West Germanic language, related to and classified alongside English and Dutch. With an estimated 90 – 98 million native speakers, German is one of the world's major languages and is the most widely-spoken first language in the European Union....
and EnglishEnglish languageEnglish is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...
)