Uniper now a European Stock Corporation (SE)
Yesterday's entry into the commercial register at the Düsseldorf District Court and the
addition of 'SE' to the company name marks the culmination of the transformation of
Uniper AG into a European stock corporation. Under an agreement on employee
participation, the 12-member Uniper SE Supervisory Board is subject to direct parity
co-determination. Accordingly, six members will be put forward by shareholders, and
the remaining six by employee representatives. Uniper is following in the wake of a
similar transformation by E.ON SE, completed at the end of 2012. Within the group of
DAX companies (DAX-30, M-DAX, S-DAX), around 20 companies have thus far opted
for the SE legal structure.
Commenting on this most recent development, Uniper CEO Klaus Schäfer said: 'I am
pleased that the internationalism that characterizes us as a company is now also
expressed through the company's legal structure. Above all, this marks another
milestone on the road to legal autonomy.'
Uniper is an international energy company with around 14,000 employees worldwide.
The company operates about 40 Gigawatt of reliable power generating capacity in
Europe and Russia which consists mainly of gas, coal and hydro power plants. With its
balanced portfolio and its technical and commercial expertise, Uniper is able to offer
attractive and customized products and services at competitive prices. Uniper's trading
activities create links between global energy markets. These activities comprise the
entire value chain for commodities trading in markets for electricity, emission
allowances, natural gas, liquefied natural gas (LNG), coal and freight. Moreover, the
company's experience in asset operation and global trading serve as the basis for
comprehensive service packages that - in addition to asset management – can also
include supplying raw materials and fuels as well as operational management of power
This press release may contain forward-looking statements based on current assumptions and
forecasts made by Uniper SE Management and other information currently available to Uniper. Various
known and unknown risks, uncertainties and other factors could lead to material differences between
the actual future results, financial situation, development or performance of the company and the
estimates given here. Uniper SE does not intend, and does not assume any liability whatsoever, to
update these forward-looking statements or to conform them to future events or developments.