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  September 5, 2001
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Home > Company Index > Energy > Oil & Gas Refining & Marketing > ERG S.p.A.

ERG S.p.A.
 PROFILE
ERG lives up to its name -- ergo, it's in the energy business. The independent oil company is engaged in refining, marketing, and distributing crude oil and refined products such as diesel and lubricants. With a network of more than 2,100 Ergo-branded retail outlets, ERG holds about 7% of Italy's service station market. The company also distributes oil products directly to agricultural, industrial, and utility customers. Moving into the electric power industry, ERG has teamed up with US-based Edison Mission Energy to form ISAB Energy, which operates a power plant with a 512-MW generating capacity. The Garrone family owns 60% of ERG, through Polcevera SA (Luxembourg).

 COMPETITION
Eni S.p.A. (E)
Exxon Mobil Corporation (XOM)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,721.90
1-Yr. Sales Growth: 160.4%
Employees: 1,395
Revenue per employee: $4,101,720.43

 KEY PEOPLE
• Pierantonio Nebuloni
    CEO
• Pietro Granello di Casaleto
    CFO

 CONTACT INFO
Torre WTC, via De Marini, 1
16149 Genoa, Italy
Phone: 39-10-24011
Fax: 39-10-2401533
Online: Web Site

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