VEBA
VEBA AG (originally from ''Vereinigte Elektrizitäts und Bergwerks Aktiengesellschaft'' or "United Electricity and Mining Corporation") was a German state owned energy company. VEBA was founded in 1929 as a holding company owned by the state of Prussia, and was privatized in 1965. In December 1982, VEBA signed a cooperation agreement with the Petróleos de Venezuela (PDVSA) for the establishment of a Joint Venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ... Ruhr Oel GmbH. VEBA became a part of E.ON in 2000. External links * E.ON Defunct companies of Germany Electric power companies of Germany Companies based in Düsseldorf Energy companies established in 1929 1929 establishments in Germany Telecommunications companies established in 1929 {{energy-compa ...
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