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Mainova

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Mainova AG
Company typePublic (Aktiengesellschaft)
FWBMNV
IndustryUtility
PredecessorStadtwerke Frankfurt am Main GmbH
Maingas AG
Founded1 January 1998 (1998-01-01)
Headquarters,
Germany
Key people
Constantin Alsheimer (CEO)
Petra Roth (Chairman)
ProductsElectric power
Natural gas
Water,
ServicesElectric power distribution
District heating
Revenue€1.72 billion
OwnerFrankfurt
Thüga
Number of employees
2,869
Websitewww.mainova.de

Mainova AG (FWB: MNV6) is one of the largest regional energy suppliers in Germany and supplies about one million people in Hessen and neighboring provinces with electricity, gas, heat and water. It is based in Frankfurt am Main.

History

Mainova AG was formed in 1998 through the merger of Stadtwerke Frankfurt am Main GmbH and Maingas AG.

Corporate structure

The energy and water utility has approximately 2,900 employees and posted 2009 sales of €1.66 billion. The largest shareholder of Mainova are the government of Frankfurt am Main with a 75.2% ownership stake of shares and Thüga AG with 24.4% of the shares. The remaining shares (0.4%) are freely floated. The board members are Dr. Constantin Alsheimer (CEO), Norbert Breidenbach, Dr. Peter Birkner and Lothar Herbst. The Chairman of Mainova is city treasurer Uwe Becker.

References