Germany's largest operator of waste incineration plants EEW Energy from Waste processed more waste last year, but generated lower revenues. The concern reported that it accepted 4.731 million tonnes of waste in 2013. That was 173,000 tonnes more than in 2012 and 349,000 tonnes more than in 2011. However, revenues continued to fall, slipping from €544m in 2011 to €533m in 2012 and €521m last year. The Helmstedt-based company declined to release profit figures.
In 2012, EEW suffered a substantial drop in earnings from €40.6m to €0.6m, according to its annual report recently published in the electronic version of Germany's Federal Gazette. The plunge could be attributed in large part to impairment charges on the carrying value of its waste to energy plants in Premnitz, Großräschen and Stapelfeld.
Altogether, EEW operates 18 thermal treatment plants for waste in Germany, either directly or through subsidiaries. As of 31 December 2013, the concern had a workforce of 1,305 employees. The 18 waste to energy plants sold a combined 1,648 GWh of electricity last year; they generated 2,986 GWh of heat and / or steam power.
