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IRI's Gros-Pietro appointed Eni head

Article Abstract:

Eni SpA announced that Gian Maria Gros-Pietro has been appointed by the government of Italy to become its new chairman. Eni is the fourth-largest oil and gas company in Europe. Mr. Gros-Pietro is currently the head of Istituto per la Ricostruzione Industriale SpA. He will be formally instituted as chairman at a Eni stockholders' meeting on November 29, 1999.

Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Abstract, Gros-Pietro, Gian Maria

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Italy offers investors 5% stake in Eni

Article Abstract:

A minority share of Eni SpA is being put on sale to institutional investors by the government of Italy. The offering of 5% would raise approximately 3 billion euros in cash.

Securities issued, listed, Securities

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Eni's net climbs to record on back of revenue expansion

Article Abstract:

Eni SpA posted a 23% rise in its net profits for the 1999 year. The company posted 2.86 billion euros in net profits for the year.

Sales, profits & dividends, Finance

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