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Snam S.p.A. (SRG.MI)

5.06 Down 0.03(0.59%) 8:31AM EDT
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Snam S.p.A.
Piazza Santa Barbara, 7
San Donato Milanese, MI 20097
Italy - Map
Phone: 39 02 37031
Fax: 39 02 37 03 92 27

Index Membership:N/A
Industry:Gas Utilities
Full Time Employees:6,067

Business Summary 

Snam S.p.A. provides natural gas transportation, regasification, storage, and distribution services in Italy. It operates through Natural Gas Transportation, Liquefied Natural Gas (LNG) Regasification, Natural Gas Storage, and Natural Gas Distribution segments. The company provides natural gas transportation and dispatching services with approximately 32,534 kilometers of high- and medium-pressure gas pipelines; and regasification services, which include unloading the LNG from the vessel, operating storage time required for vaporizing the LNG, and regasifying and injecting the LNG into the network. It also offers natural gas storage services through an integrated infrastructure comprising deposits, wells, gas treatment plants, compression stations, and the operational dispatching system; and operates nine storage concessions, including five in Lombardy, three in Emilia-Romagna, and one in Abruzzo. In addition, the company distributes natural gas to 1,472 municipal concessions with approximately 56,717 kilometers of medium- and low-pressure network. Further, it is involved in the provision of technical services relating to natural gas distribution activities; and the leasing and maintenance of optic-fiber telecommunication cables. The company was formerly known as Snam Rete Gas S.p.A. and changed its name to Snam S.p.A. in January 2012. Snam S.p.A. was founded in 1941 and is headquartered in San Donato Milanese, Italy.

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Key Executives 
Mr. Marco Alvera , 41
Chief Exec. Officer, Director and Chairman of Snam Rete Gas
Mr. Antonio Paccioretti ,
Chief Financial Officer and Chairman of Stogit
Ms. Gloria Gazzano ,
Exec. VP of Information & Communication Technology
Mr. Marco Porro ,
Head of Investor Relations
Mr. Marco Reggiani ,
Gen. Counsel Legal, Corp. & Compliance Affairs, Sec. and Chairman of Italgas
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in EUR.