List of the 300 largest Municipally Owned Corporations in Germany

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“The best overview of the largest German municipally owned corporations available on the market.”

Features of Researchgermany

  • Useful information included: field of activity, revenues (2019, 2018, 2017, 2016, 2015), executive names, address, email, website, etc.
  • Download valid at any time, free updates for at least 12 months, free preview available
  • Last Update: 14.09.2021

This list is an excerpt of our List of the 5,000 Largest Companies in Germany

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Overview municipally owned corporations

Municipally owned corporations are an integral part of German society

In our unique lists, we present the largest municipal enterprises in Germany. Municipal enterprises are companies that are usually subordinate to the respective municipality, but are separate entities for economic reasons. Our directory is made up of large municipal utilities, municipal housing companies and municipal holding companies.

Database of the largest municipally owned corporations in Germany as Excel-file available for download

Our list of the largest municipally owned corporations in Germany is a unique overview of the companies with the highest sales in the industry – presented in a comprehensive Excel file. The data set is available for purchase via our online store and can be downloaded directly after purchase. Our list does not only contain the general contact information of the companies, but also contains the names of the current management as well as the revenue from the last five years. Our database saves you hours of research and you will be able to get started with your work immediately. Our research team updates the listed information on an ongoing basis, ensuring that you are always working with accurate and up-to-date data. Within one year of purchase, you will receive free updates via email. If you have any questions, please do not hesitate to contact us and we will be happy to support you with our data set of the largest municipally owned corporations in Germany.

This information will be included in the list of the largest municipally owned corporations in Germany:

  • General contact details (address, e-mail address, telephone number, URL)
  • Names of the management
  • Sales for the years 2019, 2018, 2017, 2016 and 2015 (based on the respective annual or consolidated financial statements via the Bundesanzeiger)
  • Employee numbers (based on the most recent annual or consolidated financial statements via the Bundesanzeiger).

Note: If the sales and employee figures are not included in a company’s own annual financial statements but in their parent company’s consolidated financial statements, the data from the parent company will be provided.

Database municipally owned corporations

List of the 5 largest municipally owned corporations in Germany

Municipalities are not only administratively active, but also entrepreneurially active – mostly through municipal utilities. These provide services in the areas of infrastructure, supply and disposal, and public transport. Here are the 5 largest German municipal utilities:

1) Stadtwerke München GmbH, Munich: 7.4 billion euros in sales.

With over 10,000 employees, Stadtwerke München SWM is considered Germany’s largest municipal utility. SWM business areas are: Electricity, natural gas, district heating, district cooling and drinking water supply, public transport, pool operation and telecommunications. One focus is on renewable energies. SWM is wholly owned by the city.

2) Stadtwerke Köln GmbH, Cologne: 5.4 billion euros

Stadtwerke Köln GmbH acts as the holding umbrella for Cologne’s municipal operations. This includes majority or 100 percent shareholdings in Gas-, Elektrizitäts- und Wasserwerke Köln AG (GEW: RheinEnergie, NetCologne), Kölner Verkehrsbetriebe, Abfallwirtschaftsbetriebe Köln an der Häfen and Güterverkehr Köln AG.

3) HGV Hamburger Gesellschaft für Vermögens- und Beteiligungsmanagement mbH, Hamburg: 5.1 billion euros in sales.

As a holding company, HGV bundles most of the corporate investments of the Free and Hanseatic City of Hamburg. These include around two dozen companies with almost 24,000 employees in the fields of public transport, utilities and waste management, transport and logistics, real estate and urban development.

4) enercity AG, Hanover: 3.7 billion euros in revenue

enercity is a municipal energy supplier and service provider in the capital of Lower Saxony. 75.09 percent of the shares are held by the municipal VVG investment company, 24 percent by Thüga AG. enercity has around 3,000 employees and supplies the Hanover conurbation with electricity, heat, natural gas and drinking water.

5) N-ERGIE Aktiengesellschaft, Nuremberg: 3.1 billion euros in sales.

N-ERGIE operates as a regional supplier of electricity and natural gas in Nuremberg and northern Bavaria, and also as a municipal supplier of drinking water and district heating. The group, which employs around 2,500 people, is 60.2 percent owned by Städtische Werke Nürnberg GmbH and 39.8 percent by Thüga AG.

Lead-generation made easy: Valuable data on Germany’s largest municipally owned corporations presented in an easy-to-understand data set

Why should you choose our list of the largest municipally owned corporations in Germany? There are many reasons. First of all, we work continuously and relentlessly on the data quality of our data sets. This guarantees that the information included is as up-to-date as possible and we ensure to always look for the companies with the highest sales. Many lead-generation databases often have outdated data and do not incorporate all relevant companies. Another benefit of our data sets is the clear, clean presentation as an Excel file. Industry overviews in pdf format are practical for certain purposes, but can neither be imported into a CRM system nor edited according to your needs. In addition, there is detailed information in our industry lists, which allows uncomplicated sorting and filtering according to your needs.

The list of the largest municipally owned corporations is an excerpt from our Germany-wide database.

Listenchampion has the ambition to tranform fuzzy markets by creating transparent and accessible data sets. Our industry database is characterized by high-quality data and contemporariness. Our research team is constantly working on optimizing and expanding our database so that we can always provide our customers with the best possible data. At the center of our work is our list of the 5,000 companies with the highest turnover in Germany. We analyze the largest companies in the country, classify them according to industry and area of activity, and compile the sales and employee figures for the last few years. Thus, our customers can immediately start working with their list and establish new partnerships. Based on this database, not only our overview of the largest municipally owned corporations has been created, but also numerous other data sets of the German industry. In addition to our list of the largest municipally owned corporations in Germany we also offer various Germany-wide industry lists (e.g. dataset of the 250 largest Housing Companies in Germany).
A large number of such data sets is available on our website and we will also be happy to create individual extracts for you. If you have any questions, please do not hesitate to contact us and we look forward to hearing from you.

Picture source: Unsplash (Pawel Czerwinski), Unsplash (Fionn Große)

Frequently asked questions about our list of the largest municipally owned corporations in Germany

The most important questions about our list of the largest companies Germany

Of course! You can write us via e-mail to contact[at] or Live-Chat to get a free preview with 5 exemplary entries. Our support is looking forward to helping you.

The companies included in the list can be found through various sources: Internet research, public registers, analysis of relevant news, investigation of relevant transactions, our extensive personal network. Hundreds of hours of detailed, high-quality research flow into each of our lists. All data points that we can enter via publicly available sources are included in our lists.

Every data point for which there is publicly available information is filled out in our lists. However, if we do not have an e-mail address or we do not know whether a company is investing in a particular area, we fill this field with an “n.a.”. In most cases we achieve a data coverage of over 90%. If you want to know the exact coverage of the list – e.g. how many e-mail addresses are available – our team will be happy to help you.

Our lists are always delivered as handy Excel files. On request we can also send you the list as a CSV file.

After purchasing the list, you can immediately download the list as an Excel file when paying by credit card or PayPal. You will also receive a download link by e-mail. Future free updates will also be sent to you by e-mail.

We have noted the last update date in the product description at the top of the page. We update our lists regularly. Our customers receive free updates and additions to the list for at least 12 months.

Our lists contain – if publicly available – address, telephone number, e-mail addresses and management names of the listed companies. For privacy reasons, we may only include information that is publicly available or provided by the companies. If no data points are available, there is an “n.a.” in the corresponding field.

Due to GDPR our lists do not contain personal e-mail addresses and telephone numbers. Our lists contain publicly available contact data or contact data provided by the companies (e-mail address, telephone number, postal address, names of directors).

Our lists do not contain any personal contact data that is specifically protected by the European Data Protection Regulation (GDPR). Our lists always contain publicly accessible data points (official registers such as the Commercial Register or the Federal Gazette, Internet, company websites) or data provided voluntarily by companies. In Germany, contact is regulated by §7 UWG. Thus, postal advertising in the B2B sector is generally permitted. Contacting by telephone is permitted if the business contact is presumably interested. This is often also assumed for e-mail contact, as long as the contact is made once and the contact is not included in newsletters without being asked. Important note: We are not lawyers and cannot make legally binding statements. If you have any open questions, please feel free to contact us.

The companies included in the lists can be contacted in various ways – by telephone, postal letter, e-mail, networks such as LinkedIn, jointly attended trade fairs. In order to establish successful contacts, it is particularly important to work on individualized addresses tailored to the respective companies. Mass letters are rarely successful. Instead, our customers are most successful when they adapt to the companies included in our lists, obtain information and then address them in a customized manner. Another successful approach is to contact them via LinkedIn, for example, by selecting the right contact person from our list and then addressing them via a consistent starting point. Intros” that are mediated via shared contacts are also a good step towards establishing contact. Also possible: at trade fairs visited together, you can use the trade fair lists to search specifically for companies included in the lists and make appointments for meetings. In general: the more effort is put into the individual approach, the more successful it is. Think about what suitable starting points are, how you can deliver added value and show the addressed companies that you put a lot of effort into the contact. Many of our customers have already built up valuable and successful business relationships.


Any questions? Get in touch!

Leo Semmelmann, Founder
contact [at]
+49 (0) 89 38466606

We are looking forward to help you in case of any questions, remarks and individual requests. Feel free to get in touch via email, live chat or phone. We can also offer you package prices and can create individual lists.


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