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Saras S.p.A. (0O2D.L)

LSE - LSE Delayed price. Currency in EUR
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1.1310+0.0370 (+3.38%)
As of 08:39AM BST. Market open.

Saras S.p.A.

Galleria Passarella, 2
Milan, MI 20122
Italy
39 02 77371
https://www.saras.it

Sector(s)
Industry
Full-time employees1,591

Key executives

NameTitlePayExercisedYear born
Mr. Massimo MorattiCEO & Chairman1.54MN/A1945
Mr. Angelo MorattiFounder & Director45kN/A1963
Ms. Patrizia RadiceChief Human Resources Officer45kN/AN/A
Mr. Franco BalsamoDeputy CEO, CFO GM & DirectorN/AN/AN/A
Ms. Simona BerriGeneral Counsel & Head of Corporate Affairs93.75kN/A1965
Mr. Marco SchiavettiChief Commercial OfficerN/AN/A1966
Mr. Giordano SerafiniChief Oil Supply Chain OfficerN/AN/A1971
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Saras S.p.A. engages in the oil refinery business in Italy and internationally. The company operates through Industrial & Marketing; and Renewables segments. It also sells and distributes oil products, such as diesel, gasoline, diesel fuel for heating, liquefied petroleum gas, virgin naphtha, bunkering, and aviation fuel. In addition, the company 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 171 megawatts. Further, it provides consultancy, engineering, and technological development services in the oil refining, petrochemical, chemical, and energy industry sectors. Additionally, the company owns and operates depots located in Arcola and Cartagena. The company was founded in 1962 and is headquartered in Milan, Italy.

Corporate governance

Saras S.p.A.’s ISS governance QualityScore as of 1 April 2024 is 9. The pillar scores are Audit: 6; Board: 7; Shareholder rights: 7; Compensation: 10.

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 10 indicates higher governance risk.