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Encyclopedia > Endesa (Spain)
Endesa, S.A.
Type Public (NYSE: ELE)
Founded 1944
Headquarters Madrid, Spain
Key people Manuel Pizarro, President
Rafael Miranda, COO
José L.P. Alvarez, CFO.
Industry Public utility
Revenue $24.647 billion USD (2004)
Operating income $4.462 billion USD (2004)
Net income $2.150 billion USD (2004)
Website http://www.endesa.es/

Endesa, S.A. (NYSE: ELE), (IBEX-35:ELE) is the largest electric utility company in Spain. It has 10 million customers in Spain, with a domestic generating capacity of over 97,600 GWh from nuclear, fossil-fueled, hydroelectric, and renewable resource power plants. Internationally, it serves another 10 million customers and provides over 80,100 GWh. Total customers numbered 22.2 million as of December 31, 2004. It also markets energy in Europe. The company has additional interests in Spanish natural gas and telecommunications companies. Image File history File links Endesa. ... A public company is a company owned by the public rather than by relatively few individuals. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... 1944 (MCMXLIV) was a leap year starting on Saturday (the link is to a full 1944 calendar). ... This article is about the Spanish capital. ... A public utility is a company that maintains the infrastructure for a public service. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... The United States dollar is the official currency of the United States. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... This page as shown in the AOL 9. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... The IBEX-35 is an index of stocks that trade on the Madrid Stock Exchange in Spain. ... Power line redirects here. ... A public utility is a company that maintains the infrastructure for a public service. ... This article is in need of attention from an expert on the subject. ... A nuclear power station. ... Coal rail cars in Ashtabula, Ohio Fossil fuels are hydrocarbons, primarily coal, fuel oil or natural gas, formed from the remains of dead plants and animals. ... Hydraulic turbine and electrical generator. ... A power station (also power plant) is a facility for the generation of electric power. ... World map showing Europe A satellite composite image of Europe Europe is one of the seven traditional continents of the Earth. ... Natural gas is a gaseous fossil fuel consisting primarily of methane. ... Copy of the original phone of Graham Bell at the Musée des Arts et Métiers in Paris Telecommunication is the transmission of signals over a distance for the purpose of communication. ...


The company was formed in 1944 as Empresa Nacional de Electricidad, S.A. and changed its name to Endesa, S.A. in 1997. In September 2004, it took control of the French company SNET (Société nationale d'électricité et de thermique). This was followed by the downsizing of 30% of SNET's employees [1]. 1944 (MCMXLIV) was a leap year starting on Saturday (the link is to a full 1944 calendar). ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... September 2004 : January - February - March - April - May - June - July - August - September - October - November - December See also: September 2004 in sports Events Deaths in September • 27 Tsai Wan-lin • 24 Françoise Sagan • 20 Brian Clough • 18 Russ Meyer • 15 Johnny Ramone • 12 Fred Ebb • 11 Peter VII of Alexandria • 8... Société nationale délectricité et de thermique (SNET) was acquired by the Spanish Endesa company in September 2004. ... Downsizing is a euphemism referring to layoffs initiated by a company in order to cut labor costs by reducing the size of the company. ...


In 2006 Endesa has been (and still is) the target of a takeover bid by Gas Natural and Germany's E.ON. Curiously, the foreign E.on is preferred as new owner by Endesa right-oriented bosses and some media. Gas Natural is a catalonian company. It is seen now too close to left politics and separatist powers. The Gas Natural reference bank -La Caixa- condomned 6 milion € to Partido Socialista de Cataluña before the bid. When this was discovered, a media frenzy attacked the questionable interests in the affair. It has been noted too, that Gas Natural is very small compared to the other main actors in this story. Gas Natural SDG, S.A., (IBEX-35:GAS) is an energy company which operates primarily in Spain but also in such countries as Italy, Mexico, Colombia, Argentina, Puerto Rico and Morocco. ... It has been suggested that VEBA be merged into this article or section. ...


See also

Endesa Termic is a 356 metre high chimney at La Coruña, Spain. ... ... Ferrol can refer to: EUROPE Ferrol, Spain City and Naval Station in North Western Spain, European Union Note: Place of birth of both Francisco Franco (1892) the Spanish dictator and Pablo Iglesias (1850) founder of PSOE and UGT. ASIA Ferrol, Romblon Small Town in the Philippines Note: The Philippines got... World map showing Europe A satellite composite image of Europe Europe is one of the seven traditional continents of the Earth. ... 1974 (MCMLXXIV) was a common year starting on Tuesday. ...

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