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Enel is a leader among Italian companies

The company, headed by the CEO Francesco Starace, is leading the Mediobanca rakings

Enel is at the top of the rankings of the country’s largest companies in terms of turnover; this is confirmed by the annual Mediobanca study on the “Principal Italian Companies.” The first three places on the podium are all occupied by ‘big energy’ and ‘big oil’, while the next positions have opened up to various sectors, from manufacturing to services and public works. Under the leadership of Francesco Starace, the Group came in first place with a turnover of 73.5 billion euro. Eni and GSE followed in second and third place.

The Mediobanca ranking, now in its 53rd edition, was presented in Milan on 24 October. The study examined the financial statements of 3,470 companies, divided by sector. At the same time, data on the most dynamic manufacturing companies was also analysed in detail. The ranking relates to 2017 and there were no major changes compared with 2016, since the first five positions continue to be occupied by the large groups that dominate the Italian market.

Mediobanca made the following comments on the results of the study: “The top three in industry are dominated by the large public energy/oil groups,” while “the next positions have opened up to various sectors, such as manufacturing (six operators) which took fourth place with FCA Italy, services (seven operators) led by Telecom, energy-oil again (three operators) and finally Salini Impreglio, a newcomer, in the construction and public works sector.” Enel did not only take first place among the major Italian companies, but it is also the leader in terms of profit, with 6.3 billion euro in the two years from 2016 to 2017. It is followed by Telecom Italy with 2.9 billion euro and Eni with 1.9 billion euro. The Enel Group also came first in the ranking of Italian holding companies, thanks to its 47.6 billion euro in financial investments.

Enel editorial staff