BayWa

Last updated

BayWa AG
Company type Aktiengesellschaft
FWB:  BYW6
Industry Retail and agribusiness conglomerate
PredecessorWürtt. Warenzentrale Landwirtschaftlicher Genossenschaften  OOjs UI icon edit-ltr-progressive.svg
Founded1923;101 years ago (1923)
Headquarters
Munich, Bavaria
,
Germany
Number of locations
50 (2021)
Area served
Worldwide
Key people
ProductsTrading of agricultural products, fertiliser and seeds, sale of agricultural equipment, fruit distribution
RevenueIncrease2.svg €27.1 billion (2022)
Number of employees
Increase2.svg 22,508 (2022)
Website baywa.com/en
Footnotes /references
Consolidated Financial Statements 2022 [1]

BayWa AG (until 1972: Bayerische Warenvermittlung landwirtschaftlicher Genossenschaften AG) is an internationally active group headquartered in Munich, Germany. [2] Originally founded to support domestic agriculture, the company expanded its activities to the construction and energy sectors. [3] [4] BayWa is represented in more than 50 countries through its subsidiaries and holdings. The shareholder structure is still determined by the cooperative sector, which has shaped the corporate culture since its founding. [5]

Contents

History

Foundation and early years

Flagship store on Turkenstrasse in Munich BayWa Stammhaus Tuerkenstrasse.jpg
Flagship store on Türkenstrasse in Munich

BayWa's history goes back to the Bayerische Zentral-Darlehenskasse (BZDK), which was founded in 1893, and was active in both the banking and commodities business. [6] One of its central tasks was to enable farmers to purchase means of production at low cost and to market their products profitably. In 1920, the BZDK had hundreds of warehouses for grain, artificial fertilizers, feedstuffs, and machinery, mainly in southern Germany. As a result of the First World War, economic conditions steadily deteriorated. The devaluation of cash and bank deposits led to hyperinflation, which prompted the BZDK to separate its banking and merchandise business. The general meeting on January 17, 1923, thus marked the founding of the Bayerische Warenvermittlung landwirtschaftlicher Genossenschaften in the legal form of a stock corporation. In the vernacular, BayWa became established as the short form of the company. [7] From the beginning, the company focused on modern agriculture, especially through its range of machinery and services for repair. In order to become less dependent on business in Germany, grain was also exported to Austria, Switzerland, and Italy from 1927. As a result, BayWa's sales exceeded the 100 million Reichsmark mark for the first time.[ citation needed ]

The takeover of power by the National Socialists also brought drastic changes for the agricultural and food industry. [6] From 1933, all agricultural organizations were brought into line. In 1934, the unification of the Bavarian cooperative system was ordered. [8] Political influence on the company continued to grow. [9] When Josef Haselberger, then chairman of the board, died in 1935, the NSDAP appointed Friedrich Eichinger as his successor. He led the company until the end of National Socialism.

After the outbreak of the Second World War, BayWa switched to a wartime economy in 1939. The company played a prominent role in "safeguarding the Reich's food supply. For example, BayWa convinced farmers of the production-enhancing effect of artificial fertilizer. In order to meet the requirements of the rulers alone, BayWa employed an additional workforce of almost 700 during this period. The company archives do not provide any information on whether forced laborers were among them, but it can be assumed that they were. [10]

Reconstruction after the Second World War

In the course of the Second World War, 23 BayWa warehouses were destroyed. The headquarters in Munich was also affected by the Allied bombing raids. By the end of the war in 1945, 512 of around 6,000 employees had died; 487 were missing or in captivity. With the aim of denazification, all members of the Board of Management and Supervisory Board had to vacate their posts in 1945. [6] In addition, dozens of managers were dismissed. Their successors initially took office on an interim basis. Josef Singer took over as chairman of the Board of Management of BayWa. Due to its strategic importance for supplying the population with food, BayWa received early approval from the U.S. military government to resume its business operations as well as nationwide shipments.

The 1950s were marked by structural change in agriculture. [6] In the countryside, there was a lack of personnel for the steady expansion of agricultural operations, as the growing industry became more attractive to many workers. BayWa responded by expanding its range of machinery as well as maintenance and services in the technology sector. Tractors, combine harvesters, forage harvesters and milking machines were in particular demand. The increased consumption of meat also necessitated more animal fattening, so that the steady rise in sales of concentrated feed compensated for the drop in sales of hay and straw. Agricultural mechanization and automation continued throughout the 1960s, and 1970s.

At the same time, the company benefited from the real estate boom that began in the 1950s, and continued through the 1960s, and 1970s. The sale of building materials developed into an important mainstay. The company also laid the foundation for BayWa DIY superstores and garden centers in 1975, to establish another sales channel. The sale of heating oil and other lubricants formed the basis for BayWa's network of filling stations in the 1950s, with which the company wanted to reflect the desire for individual mobility. [11]

Organizational changes and international expansion

Newspaper celebrating BayWa's 50th anniversary 50 Jahre BayWa Zeitschrift.jpg
Newspaper celebrating BayWa's 50th anniversary

The expansion of business activities from the agricultural sector to the construction and energy industries led to significant growth in BayWa's sales. In 1959, this exceeded the one billion Deutsche Mark mark for the first time and by the end of the 1960s, had already exceeded the two billion mark. In 1970, BayWa was the first company in the industry to introduce electronic data processing into its operations. To improve efficiency of internal document management, IBM scanners were used on a large scale, capable of processing more than 100,000 documents a day.

In order to reflect the change in the company's external image, the Bayerische Warenvermittlung landwirtschaftlicher Genossenschaften was officially renamed BayWa on July 13, 1972. In addition, the personal union of the Board of Management with the Bayerische Raiffeisen-Zentralkasse (BRZ), which had been established in the 1960s, was abandoned. Otl Aicher, who also designed the corporate design for the 1972 Summer Olympics in Munich, created a new logo for the company. The green square is still used today.

In the 1980s, trends such as environmental protection and electronics opened up new opportunities for the company's business. Nevertheless, BayWa had to contend with structural problems in the agricultural sector as well as the construction industry. In response to the economic downturn, the company introduced a divisional organization in 1986. However, the collapse of Bayerische Raiffeisen-Zentralbank (BRZ) was decisive for this decade. BayWa's main shareholder had run into trouble due to speculation on the real estate market. Bayerische Raiffeisen-Beteiligungs-Aktiengesellschaft took its place. [12]

After German reunification, BayWa also became involved in the new federal states and set up locations in Brandenburg, Saxony, and Thuringia. In doing so, it cooperated with the Bäuerliche Handelsgenossenschaft (BHG) and also relied on a franchise system. [13]

In 1994/1995, BayWa also became active in Austria through acquisitions. [14] [15] With the help of existing subsidiaries, it was also able to expand its business to Eastern Europe (Bulgaria, Croatia, Poland, Slovakia, the Czech Republic, and Hungary). [16] In order to grow not only internationally but also in the domestic market, Württembergische Warenzentrale was acquired in the early 2000s. [17] [18]

Recent developments

At the end of the 2000s, BayWa's business model and organizational structure proved to be no longer fit for the future. [19] [20] Following his appointment as chairman of the Board of Management in 2008, Klaus Josef Lutz initiated a comprehensive restructuring program designed to drive innovation while still preserving the company's historical roots. [21] [22] [23] The new strategy prioritized both the diversification of business activities and the internationalization of BayWa.

One example of this is the establishment of the renewable energies business sector, [24] which now accounts for the largest share of Group profit. [25] Since 2021, Energy Infrastructure Partners owns 49% of the BayWa r.e. subsidiary. [26] By acquiring the Dutch grain trader Cefetra and the New Zealand fruit trader Turners & Growers, BayWa secured a stronger position in global competition in agricultural trade, both in Europe and in Asia. [27] [28] [29] Own innovations and acquisitions of other suppliers made BayWa an important market player in digital farming. [30]

Today, BayWa's activities cover the entirety of the agricultural supply chain, from seed production and crop protection through to food processing. Additionally, the company has a synergistic presence in the energy, and building materials sectors. [31]

Corporate affairs

Shareholders

The share capital of BayWa Aktiengesellschaft amounted to approximately €90 million as of December 31, 2019. The shares are traded on the Frankfurt Stock Exchange [32] [33] and the Munich Stock Exchange [34] [35] as well as via Xetra. They are part of the Prime Standard of Deutsche Börse, a legally regulated stock exchange segment with the highest admission requirements.

The shareholder structure of BayWa Aktiengesellschaft is determined by Raiffeisen companies from Germany and Austria. [5] BayWa Aktiengesellschaft's Articles of Association intentionally restrict the group of shareholders in order to preserve the cooperative character of the company. BayWa's largest shareholder is Bayerische Raiffeisen-Beteiligungsgesellschaft (34.75%), based in Beilngries. It is joined by Raiffeisen Agrar Invest (25.01%) based in Vienna. Around 40% of the shares are in free float, so that the corresponding threshold for inclusion in the SDAX is reached.

Boards

The Board of Management of BayWa Aktiengesellschaft consists of several, but no more than nine, members. [36] They are appointed by the supervisory board for a term of up to five years. Multiple appointments are possible so that the term of office is de facto not limited. The supervisory board appoints the chairman of the Board of Management. The Articles of Association stipulate that one member of the Board of Management should be mainly responsible for human resources and social affairs. Further details on the allocation of duties in the management board are governed by rules of procedure.

Currently (as of April 2021), there are four members of the Board. These are Klaus Josef Lutz (Chief Executive Officer) and Andreas Helber (Chief Financial Officer), as well as Marcus Pöllinger and Reinhard Wolf. [37]

The Supervisory Board of BayWa Aktiengesellschaft consists of sixteen members. [36] Re-election is possible so that the term of office of members of the supervisory board is not limited. The supervisory board appoints a chairman and at least one deputy chairman from among its members. Currently (as of July 2020), four women and twelve men are members of the supervisory board. Its Chairman is Manfred Nüssel, Honorary President of the German Raiffeisen Association. His deputies are Werner Waschbichler and Klaus Buchleitner.

BayWa Aktiengesellschaft's Articles of Association provide for a Cooperative Advisory Council. This accompanies and supports the work of the Board of Management and the supervisory board. Its members are selected by the Board of Management and, with the approval of the supervisory board, appointed by the Board of Management for a period of up to four years. This may also be repeated. Currently (as of July 2020), the board has 28 members, including main representatives of various cooperatives, associations, and from politics in Germany and Austria. Karl-Heinz Kipke chairs the committee and is represented by Manfred Nüssel.

Financials

in Mio€.2016 [38] 2017 [39] 2018 [40] 2019 [41] 2020 [42] 2021 [43]
Revenues15,40916,05516,62517,05917,15519,839
Profit (EBIT)144171172188215266
Dividends per share€0.85€0.90€0.90€0.95€1.00€1.05

Businesses

Energy

BayWa biodiesel filling station BayWa Bio-Diesel Tanktstelle.jpg
BayWa biodiesel filling station

In addition to heating oil, BayWa also sells other fuels and lubricants. Its range also includes energy sources such as wood pellets and heating solutions, for example for classic oil and gas heating systems. [44] The company also issues a fuel card for private and commercial customers that are accepted at numerous filling stations and at an increasing number of charging stations for electric cars. BayWa is also active as an infrastructure provider, operating e-charging stations and LNG filling stations as well as billing systems. [45] The renewable energy segment comprises the planning, development, and realization of projects in the field of wind and solar energy, as well as their sale and operational management, and the marketing of the energy generated. The Group is active in America, Europe, Asia, and Australia. [44]

Agriculture

The BayWa Group covers the entire value chain of the agricultural industry, i.e. from the production to the marketing of agricultural products. It does not operate any agricultural businesses itself. The range of services includes the trading and logistics of raw materials as well as the sale of operating resources and feedstuffs. It also sells new and used machinery for agricultural operations, including maintenance and repair. Internationally, BayWa is one of the most important players in the fruit and vegetable trade and markets pome fruit, tropical fruit, and other fruit and vegetable products worldwide. [46]

Building Materials

BayWa's building materials trade is aimed at private builders, commercial contractors, craft businesses, and municipalities. It is handled via retail and wholesale. The product range includes building materials for building construction and civil engineering, new construction as well as renovation and modernization, and also for gardening and landscaping. [47] [48]

Innovation & Digitalization

The Innovation & Digitalization Segment comprises BayWa's activities in e-business and digital farming. The Group prepares data for agriculture so that it is available for practical use in the field. Examples of this are area-accurate forecasts of nutrient and water requirements or harvest forecasts. [49] The company relies primarily on satellite data for this purpose. [50]

Corporate and social responsibility

Logo of the BayWa Foundation Logo BayWa Stiftung 266 KB.jpg
Logo of the BayWa Foundation

The BayWa Foundation was established by BayWa in 1998 to support educational projects. [51] The focus is on healthy nutrition and regenerative energy. [52] One example is the establishment of school gardens to improve the nutritional behavior of elementary school children. [53] A special feature is that every donation received by the foundation is doubled. [54] Since the 2014/2015 season, BayWa has been the official main and jersey sponsor of the basketball department of FC Bayern Munich. [55] This is BayWa's largest sports sponsorship to date. The cooperation was most recently extended for another year in July 2020. BayWa also supports other campaigns and exhibitions of the club, including in the area of social responsibility and art.

Related Research Articles

<span class="mw-page-title-main">Renk</span> German defence company

The Renk Group AG is a German global manufacturer of transmissions, engines, hybrid drive systems, vehicle suspension systems, plain bearings, couplings, and testing systems. The company builds special gearboxes for tanks, frigates, icebreakers, and industry and is a leading supplier of running gear and damping systems for tracked and wheeled military vehicles. Renk is headquartered in Augsburg and in addition to its headquarters, also manufactures in Rheine, Hanover, Winterthur, Bath, and Sterling Heights.

<span class="mw-page-title-main">Deutsche Vermögensberatung</span>

Deutsche Vermögensberatung (DVAG), which loosely translates into English as "German wealth advisors", is a company based in Frankfurt, Germany. The DVAG is active in Germany, Austria and Switzerland. Founded in 1975 by Reinfried Pohl, the company is managed by Deutsche Vermögensberatung Holding and is Germany’s largest stand-alone financial services distributor.

<span class="mw-page-title-main">Roland Berger (company)</span> Global strategy consulting firm

Roland Berger is an international management consultancy headquartered in Munich. With 2,400 employees and 52 offices in 35 countries, it has a presence in all major industrialized and emerging markets. As the market leader in Germany, Roland Berger is the only European consultancy with an international presence and is one of the leading representatives of its industry. Annual sales in 2018 were around EUR 600 million, the most successful financial year to date.

<span class="mw-page-title-main">Joe Kaeser</span> German businessman

Joe Kaeser is a German manager who served as CEO of Siemens AG from 2013 to 2021.

<span class="mw-page-title-main">Fuchs SE</span> German multinational manufacturing company

Fuchs SE is a German multinational manufacturer of lubricants, and related speciality products.

<span class="mw-page-title-main">Peter Löscher</span> Austrian manager (born 1957)

Peter Löscher is an Austrian manager who was the CEO of Siemens from 2007 until 2013. As of 2017, Löscher remains as the only CEO to be hired from outside the conglomerate in the 170-year history of Siemens. Before joining Siemens, he worked as president for Global Human Health at global pharmaceutical company Merck & Co.

<span class="mw-page-title-main">DMG Mori Seiki Co.</span> Japanese machine tool builder

DMG Mori Co., Ltd. is a Japanese company headquartered in Tokyo and Nara City, engaged primarily in the manufacture and sale of machine tools. Since its establishment, the business has become the largest machine tool builder in the world.

Brenntag SE is the holding company of Brenntag Group. The company was founded in 1874 in Berlin and specializes in the distribution of chemicals and ingredients. The company is headquartered in Essen, Germany and has operations in more than 600 locations in 72 countries.

<span class="mw-page-title-main">Comdirect Bank</span> German direct bank

Comdirect Bank Aktiengesellschaft was the third-largest German direct bank and was based in Quickborn, Schleswig-Holstein. Founded by the Commerzbank in 1994, the company went public in 2000. The Commerzbank integrated the company on November 1, 2020.

<span class="mw-page-title-main">Johannes Teyssen</span> German manager (born 1959)

Johannes Teyssen is a German economist and lawyer who was the chief executive officer (CEO) of E.ON, a German multinational electric utility company, from 2010 to 2021. Since January 2021, he has been a non-executive director of BP plc; since October 2021, a senior advisor at Kohlberg Kravis Roberts; and since 2022, chairman of Swiss energy group Alpiq Holding.

<span class="mw-page-title-main">Wolfgang Deml</span> German entrepreneur

Wolfgang Deml is a German entrepreneur. Since 2011, he's served on the Board of Hauck & Aufhauser KGaA and is a member of the Supervisory Board of the AGCO AG in Atlanta.

<span class="mw-page-title-main">Vonovia</span> German real estate company

Vonovia is a European multinational real estate company based in Bochum, North Rhine-Westphalia. Its history goes back to Deutsche Annington, which merged with GAGFAH and was subsequently renamed Vonovia. The company currently owns around 565,000 apartments in Germany, Sweden, and Austria, establishing it a significant market player in these countries. Vonovia is a member of the DAX 40 and STOXX Europe 600 blue-chip indexes.

<span class="mw-page-title-main">Thomas Rabe (business manager)</span> German manager

Thomas Rabe is a German business executive. In 2006, he was appointed to the Bertelsmann executive board, of which he has been chairman and chief executive officer since 2012. Under his leadership, the group has become more international, more digital and more diversified. In particular, he has advanced the business with music rights and the educational division. Additionally, Rabe was appointed chief executive officer of RTL Group in 2019.

<span class="mw-page-title-main">Ceconomy</span> German retail company

Ceconomy AG is an international retail company headquartered in Düsseldorf, Germany. Its history goes back to the Metro Group. Ceconomy operates more than 1,000 consumer electronics stores in twelve countries. In addition to MediaMarkt and Saturn, the group owns Deutsche Technikberatung. Approximately 32.5% of its sales are generated online.

<span class="mw-page-title-main">Stefan Schmittmann</span> German manager (born 1956)

Stefan Schmittmann is a German manager. He serves as chairman of the supervisory board of Commerzbank since May 2018.

<span class="mw-page-title-main">Brigitte Mohn</span> German businesswoman and philanthropist

Brigitte Mohn is a German businesswoman and a member of the Mohn family that has a significant influence on Bertelsmann group and the Bertelsmann Stiftung. Mohn is also chair of the German Stroke Foundation's executive board.

<span class="mw-page-title-main">Theodor Weimer</span> German business executive

Theodor Weimer is a German manager who has been CEO of Deutsche Börse AG since 1 January 2018. Prior to that, he was spokesman of the management board of Unicredit Bank AG (Germany) - known under the brand name HypoVereinsbank - from January 2009 to the end of 2017 and in this capacity he was also a member of the executive management committee of Unicredit Group, Milan (Italy).

<span class="mw-page-title-main">TeamViewer (company)</span> German technology company

TeamViewer SE is an international technology company headquartered in Göppingen, Germany. The company became known for the TeamViewer remote access and support software of the same name. TeamViewer offers its customers a global platform for connecting, monitoring, and controlling computers, machines, and other devices. TeamViewer's software is used in companies of all sizes and from all industries, for example, to digitalize processes along the industrial value chain. The company is listed on the stock exchange and is a member of MDAX and TecDAX.

Klaus Josef Lutz is a German lawyer and business manager. In 2008, he took over as chief executive officer and chairman of the board of BayWa and had since shaped the listed group with activities in the agricultural, building materials, and energy sectors. Previously, as managing director, he restructured, among others, Süddeutscher Verlag, which publishes the Süddeutsche Zeitung. Lutz is considered an expert on cooperatives.

Gerhard Wiesheu is a German banker who became CEO of Metzler Bank and later sat on supervisory board of several financial companies as well as being chairman of the board of the German-Japanese Business Association.

References

  1. ↑ Consolidated Financial Statements 2022 (PDF), BayWa
  2. ↑ "BayWa Aktiengesellschaft", Unternehmensregister (in German), Bundesanzeiger Verlag, retrieved 1 October 2020
  3. ↑ "BayWa im Wandel der Zeiten: Von der Getreideannahmestelle zum Bau- und Gartenfachmarkt", Main-Post (in German), 26 February 1998
  4. ↑ Hassmann, Julia (15 May 2013), "BayWa: Äpfel und Wind. Der Handelskonzern setzt auf die richtigen Felder – Agrar, Energie und Bau – und katapultiert sich mit seinen Übernahmen in eine neue Liga.", Focus Money (in German), pp. 60–61
  5. 1 2 Aktionärsstruktur (in German), BayWa, retrieved 23 July 2020
  6. 1 2 3 4 Historie (in German), BayWa, retrieved 1 October 2020
  7. ↑ "Abbildungen zum Beitrag von E. Blumenthal (S. 53-61)", Sakralität von Herrschaft, Berlin, Boston: DE GRUYTER, 2002, doi:10.1515/9783050079950-018, ISBN   9783050079950 , retrieved 19 July 2022
  8. ↑ "Auf dem Jahntribünen-Fresko ist mein Vater.", Mittelbayerische Zeitung (in German), 24 March 2017
  9. ↑ Maßnahmen zur Erhaltung und Förderung der Landwirtschaft (Sammelakt) (in German), Staatsarchiv München, retrieved 23 July 2020
  10. ↑ Schmid, Klaus-Peter (19 October 2000), "Warten auf ein Wunder: Noch immer hoffen die ehemaligen Zwangsarbeiter vergebens auf eine Entschädigung.", Die Zeit (in German), retrieved 10 July 2020
  11. ↑ "Die Chronik der BayWa | BayWa AG". www.baywa.com. Retrieved 19 July 2022.
  12. ↑ "Ehemalige Bayerische Raiffeisen-Zentralbank: Umbenennung steht an. Von dem Katastrophenjahr ist das Zahlenwerk deutlich gezeichnet.", Handelsblatt (in German), p. 8, 25 June 1986
  13. ↑ "BayWa AG: Zusammenarbeit mit Ost-Genossenschaften. Gute Wachstumsperspektive.", Handelsblatt (in German), p. 21, 18 October 1990
  14. ↑ "BayWa AG: Handelsriese baut sein Engagement in Österreich planmäßig weiter aus. Deml übernimmt Kärntner Warenhandel.", Handelsblatt (in German), p. 15, 2 August 1994
  15. ↑ "BayWa zieht es nach Österreich.", Börsen-Zeitung (in German), p. 6, 25 January 1995
  16. ↑ "BayWa expandiert auf den Osteuropa-Märkten.", Passauer Neue Presse (in German), 29 April 1997
  17. ↑ Neuer deutscher Agrarriese (in German), Austria Presse Agentur (APA), 2 May 2002
  18. ↑ "Fusion soll BayWa stabilisieren.", Lausitzer Rundschau (in German), 15 May 2002
  19. ↑ Hagl, Wolfgang (16 June 2006), "Gehörig aus dem Takt gebracht.", Financial Times Deutschland (in German), p. 26
  20. ↑ "Eine Firma mit gefühlten 400.000 Mitarbeitern.", Heilbronner Stimme (in German), p. 9, 13 May 2009
  21. ↑ Fasse, Markus (24 July 2008), "Gott mit dir, du Land der BayWa.", Handelsblatt (in German), retrieved 4 June 2020
  22. ↑ Werner, Kathrin; Clausen, Sven (11 September 2012), "Aus Bayern in die Welt", Financial Times Deutschland (in German), p. 6
  23. ↑ Lutz, Klaus Josef (7 April 2009), "Trotz Internationalisierung bleibt BayWa ein bayerischer Konzern.", Börsen-Zeitung (in German), p. 10
  24. ↑ "BayWa setzt auf erneuerbare Energien.", Handelsblatt (in German), p. 30, 1 April 2010
  25. ↑ "BayWa meldet Gewinnsprung dank erneuerbarer Energien.", Focus Online (in German), 4 March 2020, retrieved 4 June 2020
  26. ↑ Mavrokefalidis, Dimitris (23 March 2021), "Swiss investor buys 49% stake in BayWa r.e. Energy Infrastructure Partners has invested €530m in the German utility.", Energy Live News, retrieved 21 April 2021
  27. ↑ Kroneck, Stefan (3 August 2012), "BayWa strebt im Obsthandel an die Weltspitze. Neuerwerb Turners & Growers als Sprungbrett für weitere Einkaufstour.", Börsen-Zeitung (in German), p. 13
  28. ↑ Hartmann, Jens (25 November 2012), "Asiaten lieben süßere Äpfel.", Welt am Sonntag (in German), p. 58
  29. ↑ "Agrarkonzern: BayWa verdoppelt sein Getreidegeschäft.", Handelsblatt (in German), 28 September 2012, retrieved 4 June 2020
  30. ↑ "Digitalisierung: BayWa nimmt "Smart Farming" für kleine Betriebe ins Visier.", Agra Europe (in German), 17 June 2019, retrieved 4 June 2020
  31. ↑ BayWa AG Company Profile and SWOT Analysis, 1 March 2024
  32. ↑ BayWa AG (DE0005194005) (in German), Börse Frankfurt, retrieved 1 October 2020
  33. ↑ BayWa AG (DE0005194062) (in German), Börse Frankfurt, retrieved 1 October 2020
  34. ↑ BayWa AG (DE0005194005) (in German), Börse München, retrieved 1 October 2020
  35. ↑ BayWa AG (DE0005194062) (in German), Börse München, retrieved 1 October 2020
  36. 1 2 Satzung (PDF) (in German), BayWa, 10 November 2020, retrieved 18 November 2020
  37. ↑ Vorstand & Aufsichtsrat (in German), BayWa, retrieved 20 April 2021
  38. ↑ Konzernfinanzbericht 2016 (PDF) (in German), BayWa, retrieved 1 October 2020
  39. ↑ Konzernfinanzbericht 2017 (PDF) (in German), BayWa, retrieved 1 October 2020
  40. ↑ Konzernfinanzbericht 2018 (PDF) (in German), BayWa, retrieved 1 October 2020
  41. ↑ Konzernfinanzbericht 2019 (PDF) (in German), BayWa, retrieved 1 October 2020
  42. ↑ Konzernfinanzbericht 2020 (PDF) (in German), BayWa, retrieved 29 March 2021
  43. ↑ Konzernfinanzbericht 2021 (PDF) (in German), BayWa, retrieved 28 March 2022
  44. 1 2 Segment Energie (in German), BayWa, retrieved 19 July 2020
  45. ↑ Akoto, Philip (20 January 2020), "BayWa startet eigenen Mobility-Dienstleister.", Energate Messenger (in German), retrieved 16 October 2020
  46. ↑ Segment Agrar (in German), BayWa, retrieved 19 July 2020
  47. ↑ Unternehmensbroschüre 2020 (PDF) (in German), BayWa, p. 23, retrieved 8 September 2020
  48. ↑ Segment Bau (in German), BayWa, retrieved 19 July 2020
  49. ↑ Segment Innovation & Digitalisierung (in German), BayWa, retrieved 19 July 2020
  50. ↑ Lutz, Klaus Josef (30 March 2019), "Mehr können als Amazon und Co.", Börsen-Zeitung (in German), p. 5
  51. ↑ Verzeichnis der rechtsfähigen Stiftungen mit Sitz in Bayern (in German), Bayerisches Landesamt für Statistik, retrieved 1 October 2020
  52. ↑ Projekte (in German), BayWa Stiftung, retrieved 1 October 2020
  53. ↑ Angenvoort, Elisabeth (6 April 2019), "Fit durch gesunde Ernährung", Mittelbayerische Zeitung / Neumarkter Tagblatt (in German)
  54. ↑ Stiftung (in German), BayWa Stiftung, retrieved 1 October 2020
  55. ↑ Verbundenheit schafft Erfolg. Partnerschaft: Die BayWa AG bleibt eine weitere Saison Haupt- und Trikotsponsor des FC Bayern Basketball. FC Bayern München Basketball, 20 July 2020, retrieved 21 July 2020 (Pressemitteilung).

Commons-logo.svg Media related to BayWa at Wikimedia Commons

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.