Saras SpA

Saras SpA

Sector: Petroleum Refining Region: Italy

: | Milan Stock Exchange: SRS | OTC Markets: SAAFY | Milan Stock Exchange: SRSOPA

Similar to: Hess Corp., Murphy Oil Corp., BP plc

Saras SpA operates in the refining & energy industry. The company operates through five business segments: Refining, Marketing, Power Generation, Wind Power, and Other Activities. The Refining segment involves acquisition and sale of oil products. The Marketing segment focuses on the distribution of oil products to smaller-sized customers through subsidiaries, Arcola Petrolifera SpA and Saras Energia SA. The Power Generation segment relates to the sale of electricity generated at the Sarroch plant owned by subsidiary, Sarlux Srl. The Wind Power segment refers to the generation of power at the Ulassai wind farm owned by subsidiary, Sardeolica Srl. The Other Activities segment includes reinsurance, information technology, and environmental research activities. The company was founded by Angelo Moratti in 1962 and is headquartered in Sarroch, Italy.

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