Saras S.p.A. is an Italian energy multinational corporation with operations in petroleum refining, marketing, transportation and power generation,[3] headquartered in Milan and plants and registered office in Sarroch.[2] Its main production plants are located in Sarroch, on the island of Sardinia, Italy. The company is listed on the Borsa Italiana (Code ISIN: IT0000433307, Code: SRS, Segment: MTA).
History
The company was founded in 1962 by Angelo Moratti. In 1965, giant Sarroch refinery begun operations. In the mid 1990s, Saras begun to operate in the oil wholesale market with its subsidiaries in Spain (Saras Energia) and Italy (Arcola Petrolifera). In the early 2000s, the company entered the power generation business, producing electricity from natural gas and, later, from wind farms.[1]