September 21, 2014 7:24 PM ET

Industrial Conglomerates

Company Overview of RAG AG

Company Overview

RAG AG engages in the coal mining in the Ruhr and Saar. The company is also involved in the provision of used mining equipment for the under-and above-ground operations; promotion of anthracite nut coal; operation of a coal mine; purchase/marketing of imported coal, foundry coke, coke nuts, coke fines, and graded coal sizes; marketing, processing, and supply of thermal coal and coking coal; environment engineering, site development, and real estate management; and provision of services, such as planning of technical installations and facilities, and below ground commissioning. In addition, it provides consulting, engineering, training, special mining, and industrial services; and testing lab...

Shamrockring 1

Herne,  44623


Founded in 1969


49 2323 15 0


49 2323 15 2020

Key Executives for RAG AG

Head of Finance and Member of The Management Board
Head of Production and Member of The Management Board
Member of The Management Board and Head of Personnel
Age: 58
Chairman of The Management Board
Compensation as of Fiscal Year 2014.

RAG AG Key Developments

Evonik Reportedly Mulls To Float

RAG AG and CVC Capital Partners Ltd. which own 75% stake and 25% stake in Evonik Industries AG respectively, plan to float 10% stake of shares in Evonik, by the end of April, 2013, two persons familiar with the owners' thinking said. Rheinische Post and WAZ Group newspapers reported that Evonik is valued at €14 billion. The newspapers also reported that Evonik's owners intend to place 7% of their shares with institutional investors before the floatation and about half of that stake has already been placed with funds and insurance companies for €550 million. Reuters reported that CVC declined to comment, while Evonik and RAG were not immediately available for comment.

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