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| Type | Public (BIT: ERG) |
|---|---|
| Founded | June 2, 1938 |
| Headquarters |  Genoa, Italy |
| Area served | Italy, Spain |
| Key people | Edoardo Garrone (Chairman) |
| Industry | Oil company |
| Products | Fuels Lubricants Petrochemicals Energy |
| Revenue | ▲ EUR 10,001 Billion (2006) |
| Employees | 2,700 |
| Subsidiaries | ERG Petroli ERG Power & Fas ERG Mobile |
| Website | www.ERG.it |
ERG (Edoardo Raffinerie Gardone) is an Italian oil company, founded and based in Genoa and headquartered in Milan, Italy.
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History
ERG was founded by Edoardo Garrone in 1938,[1] founding a company for the refining of petroleum. In 1952 signs an agreement to refine the oil on behalf of BP.[2]
During the 60s and 70s has started to build some oil refineries and pipeles in Italy, in particular a pipeline in Arquata Scrivia[3] and a oil refinery in Priolo Gargallo (ISAB).[1]
In the 80s has acquired the gas stations owned by Elf, Chevron and BP in Italy, through ERG Petroli.[1]
Since 1997 is listed on the Italian Stock Exchange.[4] In 1999 has opened his gas stations network in Spain through ERG Petroleos,[3], sold in 2008 to Saras S.p.A.[5]
In 2008 has signed an agreeement with Lukoil, sharing the 49% of oil refinery in Priolo Gargallo.[6][7]
In 2009 has launched his own Mobile virtual network operator: ERG Mobile, becoming the first Italian oil company with own telecommunications company.[8]
Sponsorship
ERG and after with ERG Mobile[9], is the main sponsor of U.C. Sampdoria football club.
References
External links
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