RAG AG, a subsidiary of RAG-Stiftung, is a company headquartered in Essen, Germany. The firm specializes in coal mining. Peter Schrimpf is currently the CEO of the company.\nThe company says this about itself: is one of the world's leading hard coal producers and Germany's number one coal producer. Based in Germany, the company consists of an international group of more than 450 companies active in mining, coal trading, engineering, power generation, and chemicals, and has over 220 subsidiaries around the world. RAG's domestic coal and coke mining activities are managed by Deutsche Steinkohle AG.