PROFILE |
 |
Former Italian utility monopoly Enel is embracing competition with open arms. Enel, which provides electricity to 29 million customers, is required to divest 15,000 MW of its 57,000-MW generating capacity, transfer the national power grid to an independent operator, and turn over municipal distribution networks to local governments. Full competition is slated to begin by 2002. The company is responding by becoming a multi-utility. It owns Infostrada, Italy's #2 fixed-line operator, plus a controlling interest in Wind, a fixed-line and mobile telephony provider. Enel also has acquired a gas distributor and several water operations. The Italian government owns about 70% of Enel.
COMPETITION |
 |
Edison S.p.A. (EDS)
Electricité de France (dossier)
Telecom Italia S.p.A. (TI)
|
 |
STOCK ANALYSIS |
 |
FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: December
2000 Sales (mil.): 23,642.90
1-Yr. Sales Growth: 12.0%
Employees: 84,938
Revenue per employee: $278,354.80
KEY PEOPLE |
 |
Francesco Tatò
CEO
Fulvio Conti
CFO
CONTACT INFO |
 |
Viale Regina Margherita, 137
00198 Rome, Italy
Phone: 39-06-8509-1
Fax: 39-06-8585-7097
Online: Web Site
|