ERG in Brief

 
 
 

The ERG Group is active in the sector of coastal refining (through the ISAB Refinery in Priolo which is managed by the joint venture with LUKOIL), integrated downstream (TotalErg, which was established by the joint venture with Total S.A., holds a market share of about 12%), generation and sale of thermoelectric power, steam and gas (ISAB Energy S.r.l., ERG Power S.r.l.) and, through the subsidiary ERG Renew, in the sector of generation of electricity from renewable sources (with an installed capacity of 520 MW).

 
 
 
 
EBITDA at adjusted replacement cost* million Euro 305
Consolidated revenues million Euro 7,899
Service stations** number 3,322
Electricity production milion KWh 6,688
Employees at year-end number 714
Net Group income at replacement cost* million Euro (20)
Crude oil processing in the refineries thousand barrels/day 194
Investments million Euro 201

*the results at replacement cost do not include gains (losses) on inventory and non characteristic items. EBITDA at adjusted replacement cost takes into account, for the portion pertaining to ERG (51%), the added contribution fromthe results of ISAB S.r.l. (company created in joint venture with LUKOIL) .

** TotalErg results, joint venture with Total for the portion  attributable to ERG (51%)

Document mime-type: application/pdf Fact Sheet

(August 2011)

(as at 31 December 2010)

Revenues from business division, Electricity Output, 2010 Investments

2009 - 2012 investments plan

Million Euro Total 2009-12 %
Thermoelectric and Gas* 191 16%
ISAB Energy reconstruction 130 11%
Renewable 302 26%
Coastal Refining 262 23%
Integrated Downstream 273 24%
Total strategic investments 1.158 100%

*Excluding ERG’s share of equity investments in the projects for the realisation of the Ionio Gas regasification terminal and for the development of the storage facilities of Rivara.