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We welcome RAG-Stiftung as United Europe’s new corporate member!

  • February 2, 2020

The RAG-Stiftung is a private foundation that was established in 2007. Its headquarters are in Essen on the UNESCO World Heritage Site Zollverein. At the beginning of 2019, the RAG-Stiftung took over the responsibility for financing the perpetual obligations arising from the operations of the German hard coal mining company RAG Aktiengesellschaft in the Ruhr and Saar regions and in Ibbenbüren. These perpetual obligations include pit water management, polder measures and groundwater purification. In order to safeguard the long-term financing of these activities, the RAG-Stiftung is building up assets through a profitable but secure programme of capital investment. This programme is reliably providing the Stiftung with the necessary returns.
In addition, the RAG-Stiftung promotes projects in the areas of education, science and culture that are related to the hard coal mining industry in Germany. Through these projects the Stiftung is generating long-term momentum for the transformation of the regions along the Ruhr and Saar Rivers and in Ibbenbüren.
As a foundation that has invested in many European companies in line with its capital investment strategy, we consider it especially important to keep an eye on business-related themes and trends in a united Europe. We also support the basic principle of United Europe: a desire to help ensure that the next generation of Europeans will also be able to live in peace, freedom and prosperity. That’s why we’re happy to be a part of United Europe.
Further information on the RAG-Stiftung is available at www.rag-stiftung.de.

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