VEBA

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VEBA AG (originally from Vereinigte Elektrizitäts und Bergwerks Aktiengesellschaft 'United Electricity and Mining Corporation') was a German state owned energy company. VEBA was founded in 1929[1] 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 Ruhr Oel GmbH. VEBA became a part of E.ON in 2000.

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