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Home > Company Index > Utilities > Gas Utilities > Gaz de France

Gaz de France
 PROFILE
If the Tour de France followed the path of Gaz de France, bikers would ride through Africa, all the Americas, most of Europe, and the Middle East. The company is expanding its exploration and production efforts (it has some 1,000 billion cu. ft., or 29 billion cu. meters, of natural gas reserves) as it faces European industry liberalization mandates. The state-owned company's main operation is the distribution of natural gas to 10 million customers in France; it also serves about 2 million customers abroad. With more than 30 subsidiaries, Gaz de France also operates gas transmission, storage, and trading businesses; offers heating, air-conditioning, and ventilation services; and runs cogeneration facilities.

 COMPETITION
BG Group plc (BRG)
Electricité de France (dossier)
N.V. Nederlandse Gasunie (dossier)

 DEALS
Deal: Utility.com Raises $22 Million
Date Announced: 11.14.00
Value of transaction (US $Mil): 22
Description: Application-service provider for energy, telephone and Internet access companies raises funding from corporate investors and venture-capital firms.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 10,545.90
1-Yr. Sales Growth: 15.1%
Employees: 33,290
Revenue per employee: $316,788.83

 KEY PEOPLE
• Pierre Gadonneix
    CEO
• Philippe Jeunet
    CFO

 CONTACT INFO
23, rue Philibert Delorme
75840 Paris Cedex 17, France
Phone: 33-1-47-54-20-20
Fax: 33-1-47-54-38-58
Online: Web Site

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