Uniper
Uniper SE [ˈjuːnipɚ] is a German multinational energy company based in Düsseldorf, Germany, which has been a state-owned enterprise since late 2022. It is the biggest energy company by revenue in the world. The name of the company is a portmanteau of "unique" and "performance", which was given by long-term employee Gregor Recke. Uniper was formed by the separation of E.ON's fossil fuel assets into a separate company that began operating on 1 January 2016. In 2019, the company employed about 11,000 people in over 40 countries. In 2018, around one-third of the employees were based in Germany. Until 2022, it owned a subsidiary company in Russia called Unipro. Uniper was listed on the Frankfurt Stock Exchange.
Company type | State-owned enterprise (Societas Europaea) |
---|---|
FWB: UN01 MDAX Component | |
ISIN | DE000UNSE018 |
Industry | Electric utility |
Founded | January 1, 2016 |
Headquarters | , Germany |
Area served | Europe United States |
Key people | Michael Lewis, CEO |
Products | Electrical power Natural gas |
Revenue | €163.979 billion (2021) |
–€4.106 billion | |
Total assets | €128.397 billion |
Owner | Government of Germany |
Number of employees | ~11,500 (December 2019) |
Subsidiaries | Unipro |
Website | www |
The company has faced criticism for opening new coal-fueled power plants in Germany as recently as May 2020. Uniper was one of the financiers of the Nord Stream 2 project, which the German government suspended after the 2022 Russian invasion of Ukraine. The company was nationalised in December 2022.