Snam SpA - Company Profile
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Snam SpA (Snam) is an integrated midstream energy company involved in the regasification, transportation, storage, and supply of natural gas. The company provides engineering and technical-operational services for gas operators in both national and international markets. Snam serves a diverse range of customers, including local distribution networks, large industrial users, and thermoelectric plants. The company operates through a network of pipelines, compressor stations, and regasification terminals, ensuring efficient distribution and supply. Snam has a presence in several countries, including Austria, France, Greece, Tunisia, Egypt, the UAE, and the UK, targeting both European and national markets. Snam is headquartered in San Donato Milanese, Italy.
Headquarters
Italy
Address
Piazza Santa Barbara, 7, San Donato Milanese, Lombardia, 20097
Website
https://www.snam.it/
Telephone
39 023 7031
No of Employees
4,001
Industry
Energy and Utilities
Ticker Symbol & Exchange
SRG (BIT)
Revenue (2024)
$4.4B
8.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
0.9%
(2024 vs 2023)
Market Cap*
$24.2B
Net Profit Margin (2024)
XYZ
-7.4%
(2024 vs 2023)
* As of and is in US$
Snam SpA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| - | - |
| Natural Gas | Storage |
| LNG | Regasification of LNG |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In December, the company announced its plans to acquire a 48.2% stake in OLT - Offshore LNG Toscana from Igneo Infrastructure Partners, an infrastructure manager. |
| 2025 | Contracts/Agreements | In October, the company entered into an agreement to acquire a 100% stake in Higas. |
| 2025 | Contracts/Agreements | In July, the company and the Gas Transmission System Operator of Ukraine (GTSOU) entered into a memorandum of cooperation to strengthen cooperation between the Ukrainian and Italian gas markets. |
Competitor Comparison
| Key Parameters | Snam SpA | Enel SpA | Terna SpA | Acea SpA | Enagas SA |
|---|---|---|---|---|---|
| Headquarters | Italy | Italy | Italy | Italy | Spain |
| City | San Donato Milanese | Roma | Roma | Roma | Madrid |
| State/Province | Lombardia | - | Lazio | - | Madrid |
| No. of Employees | 4,001 | 61,544 | 6,420 | 8,628 | 1,402 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Alexander Zehentner | Chairman; President | Executive Board | 2025 | 64 |
| Agostino Scornajenchi | General Manager; Chief Executive Officer | Senior Management | 2025 | 54 |
| Luca Passa | Chief Financial Officer | Senior Management | 2023 | 52 |
| Umberto Baldi | General Counsel; Chief Legal Officer | Senior Management | 2021 | 54 |
| Cristian Acquistapace | Chief Efficiency and Biomethane Officer | Senior Management | 2021 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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