About AEG
AEG (Aktiengesellschaft) is a German multinational conglomerate active in various industries. The company was founded in 1883 and is headquartered in Berlin, Germany. AEG has a long history and has gone through various transformations over the years.
Originally, AEG was known for its electrical products and engineering services. It played a significant role in the development of electrical power transmission and distribution systems as well as electrical appliances and lighting. AEG was one of the pioneering companies in the field of electrical engineering and responsible for numerous technological innovations.
In addition to electrical engineering, AEG has diversified its business interests and expanded into various industries. Today, AEG is active in areas such as industrial automation, transportation systems, renewable energy, home appliances, entertainment and medical technology.
AEG is involved in the production of household appliances such as refrigerators, washing machines, dishwashers and ovens under various brand names, including AEG itself. The company also manufactures power generation and distribution solutions, offering wind turbines, solar inverters and grid infrastructure.
In addition, AEG is active in the entertainment industry, operating venues and arenas for concerts, sporting events and exhibitions. It also owns and manages sports teams and promotes live entertainment events.
It should be noted that AEG has undergone changes and restructuring over time. The company has been involved in mergers, acquisitions and divestments that have affected its business portfolio. It is therefore important to consult reliable sources for the latest information on AEG’s operations and subsidiaries.
Range of products and services
AEG offers a wide range of products and services in various industries. Here are some of the main areas in which AEG operates:
- Domestic appliances: AEG manufactures and sells a wide range of domestic appliances, including refrigerators, freezers, washing machines, dryers, dishwashers, ovens, hobs, cooker bonnets and hoovers. Their appliances often integrate advanced technologies and innovative features.
- Industrial automation: AEG offers automation solutions for industrial processes and manufacturing. These include programmable logic controllers (PLCs), human-machine interfaces (HMIs), motor control systems, sensors and other components used in industrial automation systems.
- Power generation and distribution: AEG offers solutions for power generation and distribution. This includes wind turbines for renewable energy production, grid infrastructure equipment such as transformers and switchgear, and solutions for energy management and distribution grids.
- Transport systems: AEG is active in transport systems, particularly in rail transport. They provide propulsion systems for trains, including electric traction systems, control electronics and auxiliary power systems.
- Entertainment venues: AEG owns, operates and manages entertainment venues and arenas worldwide. These venues host concerts, sporting events, theatre performances and exhibitions. AEG’s subsidiary AEG Presents promotes and produces live entertainment events.
- Sports teams: AEG owns and operates sports teams in various sports leagues. They have interests in professional sports teams such as the Los Angeles Kings (NHL), LA Galaxy (MLS) and Hammarby Fotboll (Allsvenskan, Swedish football league).
- Real estate development: AEG is involved in real estate development projects, often related to its entertainment venues. They develop and manage mixed-use properties, including residential, commercial and retail spaces, often integrated with entertainment and hospitality offerings.
- Healthcare Technology: AEG provides healthcare technology solutions including medical imaging systems, diagnostic equipment and health IT solutions. They focus on improving patient care and medical diagnostics through advanced technologies.
It is important to note that AEG’s specific range of products and services may change over time due to business strategies, market trends and acquisitions and divestments. It is recommended to refer to the most up-to-date information from official AEG sources for detailed and up-to-date information on products and services.
AEG sustainability initiatives
AEG is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote responsible business behaviour. Here are some examples of AEG’s sustainability initiatives:
- Renewable energy: AEG has made efforts to switch to renewable energy sources. The company has invested in wind power and solar projects to reduce its carbon footprint and support the generation of clean electricity.
- Energy efficiency: AEG focuses on improving energy efficiency in its operations and products. The company aims to reduce energy consumption and greenhouse gas emissions by using energy-efficient technologies, optimising processes and promoting sustainable practices.
- Waste management and recycling: AEG emphasises waste reduction, recycling and responsible waste management. The company implements recycling programmes, waste separation and waste-to-energy initiatives to minimise the amount of waste that ends up in landfills.
- Water conservation: AEG uses water conservation measures to reduce water consumption in its operations. This includes water-efficient technologies, water recycling systems and initiatives to raise awareness of responsible water use among employees and stakeholders.
- Sustainable supply chain: AEG works with its suppliers to promote sustainability throughout the supply chain. The company encourages suppliers to adhere to ethical and sustainable practices such as responsible sourcing, fair labour conditions and environmental standards.
- Sustainable building and infrastructure: AEG integrates sustainable design principles into its building and infrastructure projects. This includes energy-efficient lighting systems, smart building technologies, green spaces and sustainable materials to reduce environmental impact and promote healthy environments.
- Stakeholder engagement: AEG engages stakeholders such as employees, customers and local communities to raise awareness of sustainability and promote sustainable behaviour. The company promotes education, employee engagement programmes and community initiatives to foster a culture of sustainability.
- Reporting and transparency: AEG ensures transparency in its sustainability efforts by reporting on progress and performance. The company publishes sustainability reports that outline goals, initiatives and achievements and provide clear and comprehensive information to stakeholders.
It is important to note that AEG’s sustainability initiatives may evolve over time as the company adapts to changing environmental issues and societal expectations. For the most up-to-date and detailed information on AEG’s sustainability initiatives, it is recommended to refer to the company’s official sustainability reports and communications.
