PROFILE |
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It's all gas, almost. The main business of Italgas - Società Italiana per il Gas is supplying natural gas to more than 6.2 million customers in more than 1,400 Italian municipalities, including those in Rome, Naples, and Venice. The company, a semiprivatized government venture that is 41% owned by Snam (controlled by Eni), has more than 60,500 miles of pipeline. Italgas has stakes in natural gas distributors in Spain as well as in Argentina, Greece, Hungary, Portugal, and Slovenia. Italgas also supplies water to about 300 Italian towns and cities. To take advantage of widespread industry deregulation, Italgas is moving into other fields, such as telecommunications.
COMPETITION |
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BG Group plc (BRG)
Gaz de France (dossier)
RWE Aktiengesellschaft (RWEOY)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 3,027.20
1-Yr. Sales Growth: 7.7%
Employees: 11,998
Revenue per employee: $252,308.72
KEY PEOPLE |
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Alberto Meomartini
CEO
Salvatore Pino
CFO
CONTACT INFO |
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41 Via XX Settembre
I-10121 Turin, Italy
Phone: 39-011-239-41
Fax: 39-011-239-4795
Online: Web Site
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