SRS.MI - Saras S.p.A.

Milan - Milan Delayed Price. Currency in EUR

Saras S.p.A.

Via Dell'Unione, 1
Milan, MI 20122
39 02 77371

IndustryOil & Gas Refining & Marketing
Full Time Employees1,900

Key Executives

NameTitlePayExercisedYear Born
Mr. Massimo MorattiChief Exec. Officer, Managing Director and Director1.54MN/A1945
Mr. Dario ScaffardiExec. Vice Chairman, Exec. VP, Gen. Mang. and Gen. Director1.26MN/A1958
Mr. Angelo MorattiFounder and Vice Chairman236kN/A1963
Mr. Franco BalsamoChief Financial OfficerN/AN/AN/A
Mr. Massimo VaccaHead of Investor RelationsN/AN/AN/A
Amounts are as of December 31, 2016 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.


Saras S.p.A. engages in the oil refinery business in Italy and internationally. The company operates through Refining, Marketing, Generation of Power By The Combined Cycle Plant, Generation of Power By Wind Farms, and Other Activities segments. The company, directly and through its subsidiaries, sells and distributes oil products, such as diesel, petrol, diesel fuel for heating, liquefied petroleum gas (LPG), virgin naphtha, and aviation fuel in the retail and wholesale markets. The company also generates and sells electricity through an integrated gasification combined cycle plant with a total installed capacity of 575 megawatts; and a wind farm with a total installed capacity of 96 megawatts. In addition, it provides environmental protection services, including environmental engineering, environmental analysis and measurement systems, analytical services, and environmental monitoring services; explores for gaseous hydrocarbons; and offers reinsurance products. Additionally, it owns and manages a depot located in Cartagena; and a retail network of 101 service stations located primarily along the Spanish Mediterranean Coast. The company was founded in 1962 and is headquartered in Milan, Italy. Saras S.p.A. is a subsidiary of Angelo Moratti S.a.p.a.

Corporate Governance

Saras S.p.A.’s ISS Governance QualityScore as of April 1, 2018 is 6. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.