Private company

Stadtwerke München

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

German communal company

Stadtwerke München GmbH (Munich City Utilities), or SWM, is a German company owned by the city of Munich which provides public services to the city and the region of Munich. The company supplies electricity to more than 95 percent of Munich's 750,000 households, as well as natural gas, drinking water and (through its stake in M-net Telekommunikations GmbH) telecommunications services. According to the company, SWM is Europe's largest municipal utility company and is among Germany's principal energy providers.2 It employed about 11,600 people in 2024.1 Its revenue was €6.9 billion in 2024.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Aug 11, 1998Founded1
  • Industryenergy supply, steam and air conditioning supply, water supply1
  • HeadquartersMunich1
  • Websitewww.swm.de/english
  • Legal formGesellschaft mit beschränkter Haftung1
  • LEI52990084EUT6T9G1IY733
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressEmmy-Noether-Straße 2, 80992 München, Germany3
  • Registered withLocal Court München, HRB 1219203

Stadtwerke München GmbH (Munich City Utilities), or SWM, is a German company owned by the city of Munich which provides public services to the city and the region of Munich. The company supplies electricity to more than 95 percent of Munich's 750,000 households, as well as natural gas, drinking water and (through its stake in M-net Telekommunikations GmbH) telecommunications services. According to the company, SWM is Europe's largest municipal utility company and is among Germany's principal energy providers. Expanding use of renewable energy has been a central element of the company's strategy since 2008. Through its subsidiary, Münchner Verkehrsgesellschaft (MVG, founded in 2001), SWM administers most of the inner-city public transportation network by maintaining the Munich U-Bahn and the Munich tram and bus service.2

Corporate structure

Stadtwerke München is part of a group headed by Landeshauptstadt München. 16 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Landeshauptstadt München München, Germany
    • Stadtwerke München München, Germany
      • Bayerngas München, Germany
      • M-net Subsidiary · Munich, Germany
      • Münchner Verkehrsgesellschaft mbH (MVG) Subsidiary · Munich
      • SWM Infrastruktur Subsidiary · Munich, Germany
      • GYM OFFSHORE ONE LIMITED Subsidiary · Swanley, United Kingdom
      • GYM OFFSHORE THREE LIMITED Subsidiary · Swanley, United Kingdom
      • GYM OFFSHORE TWO LIMITED Subsidiary · Swanley, United Kingdom
      • Sidensjo Vindkraft AB (Sidensjö Vindkraft AB) Subsidiary · Göteborg, Sweden
      • SWM Infrastruktur GmbH & Co. KG Subsidiary · München, Germany
      • SWM RENEWABLES POLAND SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA Subsidiary · Koszalin, Poland
      • SWM Services GmbH Subsidiary · München, Germany
      • SWM Versorgungs GmbH Subsidiary · München, Germany
      • Pasing Bf. Owned · Munich, Germany

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Stadtwerke München reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

SWM founded the SWM Education Foundation in November 2007. The foundation promotes measures and projects and provides vocational training. To mark its fifth anniversary in 2013, it introduced a scholarship program and an award. The scholarship program is aimed at students studying engineering, the natural sciences, economics and IT in Munich and the surrounding region. The €10,000 award has been presented every year since then in recognition of efforts in the field of education for disadvantaged children, teens and young adults.

From Wikipedia’s article on Stadtwerke München, shared under CC BY-SA 4.0.5

Products and brands

Electricity

As M-Strom, SWM offers electricity and related services to private and business customers in Munich, the surrounding and nationwide. With more than 250,000 green energy customers, SWM calls itself one of the largest providers of green electricity in the private and commercial markets in Germany. In Munich and the surrounding region, The company operates thirteen hydroelectric power plants, many plants which generate electricity from renewable energy, and three cogeneration power plants (Nord, Süd and Freimann) which generate about 70 percent of their electricity through cogeneration.

Natural gas

SWM supplies natural gas as part of the trans-European network, and the company can draw on its underground storage. It offers a variety of natural-gas rates, some of which are available nationwide. In Munich, SWM operates ten natural gas stations where cars can fill up on renewable bio-methane.

District heating

When generating electricity by cogeneration, heat is created which then enters the district heating grid from SWM's cogeneration plants. SWM produces district heating in its cogeneration and heating plants which supplies large buildings and households over 800 kilometers of steam and hot water networks, which is used for heating and hot water. Connection to the SWM district-heating network is possible in an increasing number of Munich districts. By 2040, the aim is to produce 100 percent of district heating in Munich carbon-neutrally.

District cooling

Compared to, District cooling has less of an environmental impact and is more energy-efficient than conventional air conditioning systems, requiring about half of the primary energy. Cold ground water is used as the energy source for cooling in a closed-loop system, and only the pumps use electricity. The slightly-warmed groundwater is then returned to the groundwater system.

Read the full text

Water

About 75 percent of Munich's drinking water comes from the Mangfalltal valley, near Weyarn in Upper Bavaria; 20 percent is sourced from the Loisachtal valley near Garmisch-Partenkirchen, between Oberau and Farchant. The southern area of the Munich gravel plain is a reserve for peak demand. The quality of the city's drinking water is partially attributable to the procurement areas in the Bavarian Alpine foothills and the region's sustainable forestry.

Swimming pools

SWM operates nine indoor and eight outdoor swimming pools in Munich. The company's operations deliver the "Munich swimming pool concept" adopted by the city council in 1991, which provided for the improvement of the city's swimming pools. Munich has three complexes of indoor and outdoor pools: Westbad on Weinbergerstrasse in the west, and Michaelibad on Heinrich-Wieland-Strasse in the east. Michaelibad is the larger pool complex. At Dantebad an outdoor pool and a heated outdoor winter pool are combined.

Energy advice

The company offers energy-saving advice for low-income households in conjunction with Munich-based charities.

From Wikipedia’s article on Stadtwerke München, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Owners

  • Landeshauptstadt München

Subsidiaries

Also owns

  • Pasing Bf.

Parent company (GLEIF)

Subsidiaries (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. Oct 21, 2003Acquired SWM Services1

Employees over time

Stadtwerke München employees by year111.6K in 2024+29% since 2016
05.0K10.0K15.0K2016: 9.0K9.0K20162020: 10.0K10.0K2020+11%2021: 10.4K10.4K2021+4%2022: 10.6K10.6K2022+2%2023: 10.9K10.9K2023+2%2024: 11.6K11.6K2024+7%
  • 202411,6041
  • 202310,8511
  • 202210,6471
  • 202110,4181
  • 202010,0041
  • 20169,0221

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Stadtwerke München revenue by year16.9B EUR in 2024−7% since 2020
05.0B EUR10.0B EUR15.0B EUR2020: 7.5B EUR7.5B EUR20202021: 8.3B EUR8.3B EUR2021+11%2022: 10.6B EUR10.6B EUR2022+28%2023: 9.7B EUR9.7B EUR2023−9%2024: 6.9B EUR6.9B EUR2024−28%
  • 20246.9B EUR1
  • 20239.7B EUR1
  • 202210.6B EUR1
  • 20218.3B EUR1
  • 20207.5B EUR1

Timeline

  1. Jun 14, 2018Parent Directly consolidated by Landeshauptstadt München3
  2. Aug 11, 1998Founded Founded1