Snam SpA - Company Profile
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Snam SpA (Snam) is an integrated midstream energy company. It carries out the regasification, transportation, storage and supply of natural gas. The company transports and dispatches natural gas through transportation network, dispatch center, supervisory districts, management centers, and compressor stations. Snam also offers engineering and technical-operational services for gas operators in national and international markets. The company Rete Gas, and its subsidiary, transports natural gas; GNL Italia conducts regasification; and Stogit stores natural gas. It procures natural gas through import and injects it into the national gas network through entry points in pipelines used for import from North Africa, Northern Europe and Russia. The company operates through its associate companies in Austria, France and the UK. Snam is headquartered in San Donato Milanese, Italy.
Snam SpA premium industry data and analytics
Products and Services
Products | Services |
---|---|
LNG | Storage |
Natural gas | Transportation |
Regasification of LNG |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Plans/Strategy | In February, the company announced its plans to acquire Edison Stoccaggio from Edison. |
2024 | Contracts/Agreements | In February, the company entered into a partnership with Confindustria to introduce an industry-specific market test for hydrogen demand and a collection of expressions of interest. |
2024 | Plans/Strategy | In January, the company announced its plans to invest US$12.51 billion in gas and liquefied natural gas (LNG) infrastructure in Italy by 2027. |
Competitor Comparison
Key Parameters | Snam SpA | Enel SpA | Acea SpA | Terna SpA | Enagas SA |
---|---|---|---|---|---|
Headquarters | Italy | Italy | Italy | Italy | Spain |
City | San Donato Milanese | Rome | Roma | Roma | Madrid |
State/Province | - | Lazio | - | - | Madrid |
No. of Employees | 3,741 | 65,212 | 10,402 | 5,762 | 1,312 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Monica De Virgiliis | Chairman | Executive Board | 2022 | 56 |
Stefano Venier | General Manager; Director; Chief Executive Officer | Executive Board | 2022 | 60 |
Luca Passa | Chief Financial Officer | Senior Management | 2023 | 50 |
Umberto Baldi | General Counsel; Chief Legal Officer | Senior Management | 2021 | 51 |
Gaetano Mazzitelli | Chief Commercial and Regulatory Affairs Officer | Senior Management | 2021 | 55 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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