The Board of Directors of ERG SpA approves the Interim Report on Operations as at 30 September 2010 ( Financial events )
Third quarter of 2010
· Consolidated adjusted1 EBITDA at replacement cost2: €79 million, €47 million in the 3rdQ of 2009
· Group net result at replacement cost3 : -€14 million, -€14 million in the 3rdQ of 2009
First nine months of 2010
· Consolidated adjusted1 EBITDA at replacement cost2: €213 million, €71 million in the first 9 months of 2009
· Group net result at replacement cost3: -€13 million, -€52 million in the first 9 months of 2009
Approval of the Interim Report on Operations at 30 September 2010 ( Financial events )
ERG to hold third quarter 2010 results conference call ( Financial events )
The conference call to discuss the third quarter 2010 results is scheduled for 15.00 Italian time (14.00 UK time) on Friday, 12 November 2010.
Clarification regarding press rumors ( Financial events )
TotalErg is born ( Financial events )
TotalErg is operational from today.
ERG hosts the 11th edition of the Petroleum Cycling and Running Championships ( Cultural and sports event )
The events will take place from 23 to 25 September in Genoa and Sestri Levante
Conference call and webcast with analysts ( Financial events )
• Consolidated adjusted EBITDA at replacement cost: €135 million, €24 million in first half of 2009
• Group net result at replacement cost : €2 million, -€38 million in first half of 2009
Approval of the Half-Yearly Financial Report at 30 June 2010 ( Financial events )
Erg Petroli has appointed Pier Francesco Pinelli as Chairman, Claudio Spinaci as Managing Director
ISAB Energy: powertrain 1 is back in operation ( Financial events )
ERG and TOTAL express their satisfaction following the go-ahead obtained today
from the European Commission for the creation of TotalErg, the joint venture resulting from the merger between ERG Petroli and TOTAL Italia (press release dated 28 January 2010).
Having received clearance from the Commission, a plan will now be launched for the integration of the two Companies, allowing the joint venture to become operational starting from 1st October next.