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Lechwerke

#3995

Rank

$2.88B

Marketcap

DE Germany

Country

Lechwerke
Leadership team

Dr. Markus Litpher (Chief Commercial Officer & Member of the Management Board)

Mr. Norbert Schurmann (CTO & Member of the Management Board)

Products/ Services
Energy, Service Industry, Telecommunications
Number of Employees
100 - 500
Headquarters
Augsburg, Bayern, Germany
Established
1903
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
LEC.F
Social Media
Overview
Location
Summary
Lechwerke AG, together with its subsidiaries, operates as an energy supplier in Germany. The company supplies electricity and gas to homes, companies, and municipalities; and offers a range of energy solutions. It operates 36 hydropower plants. The company is also involved in the planning, construction, operation, and maintenance of power grids; provision of technical services related to the power grids, e-mobility, and training courses, as well as digital solutions for control and monitoring tasks on construction sites. In addition, it offers data communication services. Lechwerke AG is based in Augsburg, Germany. Lechwerke AG operates as a subsidiary of innogy SE.
History

Lechwerke AG was founded in 1869 as a small electricity and gas provider in Augsburg. It was initially owned by two private individuals, Wilhelm Ritter von Hiller and Wilhelm Lechner. Through continuous expansion, LEW soon became one of the largest energy providers in Bavaria. In 1999, the company was purchased by the E.ON Group, one of the major energy supply companies in Germany.

Mission
Our mission is to provide safe, reliable, and cost competitive energy services that enable a demand-driven smart energy transition towards a sustainable future.
Vision
Our vision is to be a leading provider of smart and sustainable energy services that enable customers to benefit from the current and future opportunities of an energy market in constant evolution.
Key Team

Dr. Markus Litpher (Chief Commercial Officer & Member of the Management Board)

Mr. Norbert Schurmann (CTO & Member of the Management Board)

Recognition and Awards
LEW has been the recipient of various awards and recognitions, such as the German Sustainability Award, the Bavarian Environmental Prize, and the Munich-Upper Bavaria Innovation Award.
References

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Lechwerke
Leadership team

Dr. Markus Litpher (Chief Commercial Officer & Member of the Management Board)

Mr. Norbert Schurmann (CTO & Member of the Management Board)

Products/ Services
Energy, Service Industry, Telecommunications
Number of Employees
100 - 500
Headquarters
Augsburg, Bayern, Germany
Established
1903
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
LEC.F
Social Media