Growth opportunities eyed by RWE
- From: Vol 3, Issue 4 (April 2002)
- Category: Companies
- Region: Europe
- Country: Germany
- Related Companies: American Water Works and Innogy
The German energy and water services group, RWE is to turn itself into “the most profitable water services company in the world”, according to its president and CEO Dietmar Kuhnt.
Kuhnt said that in the shortened 2001 business year (1 July to 31 December 2001) the water sector contributed 4% of total sales and a fifth of RWE’s consolidated profit.
RWE now has 58 million water customers following the acquisition of Thames Water and the purchase – still to be completed – of American Water Works. Kuhnt said the integration of ...
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