Saras S.p.A.
Saras S.p.A.'s Overview
Saras S.p.A. is a leading independent Italian energy company, primarily focused on oil refining and power generation. It operates one of the largest and most advanced single-site refineries in the Mediterranean, located in Sarroch, Sardinia. Beyond refining, Saras is involved in the production of electricity from gasification of refinery byproducts and renewable sources. The company plays a crucial role in the energy supply chain for Italy and the broader Mediterranean region.
Where is Saras S.p.A.'s Headquarters?
HQ Function
Serves as the nerve center for Saras's extensive refining operations, power generation facilities, and strategic decision-making. It integrates administrative functions with the direct oversight of the industrial complex.
Notable Features:
The Sarroch site is renowned for its vast refinery complex, including advanced conversion units, an Integrated Gasification Combined Cycle (IGCC) plant, and sophisticated port infrastructure for oil and product logistics.
Work Culture:
A highly technical, safety-conscious, and operations-driven environment, with a strong emphasis on engineering excellence, process efficiency, environmental compliance, and continuous improvement in the energy sector.
HQ Significance:
The Sarroch facility is one of Europe's largest single-site refineries, critical to Italy's energy security and a significant economic contributor and employer in Sardinia. Its strategic Mediterranean location makes it vital for regional fuel supply.
Values Reflected in HQ: The headquarters and its operations embody industrial excellence, technological innovation in refining, a commitment to safety and environmental stewardship, and strategic importance in the energy sector.
Location:
Saras S.p.A.'s primary operational footprint is its large-scale Sarroch refinery in Sardinia, Italy, a key energy hub for the Mediterranean. Its global reach is primarily through the international trading of crude oil and refined petroleum products, and the marketing of its output to diverse markets. The company sources crude globally and supplies products to customers across Europe and other regions, participating actively in international energy commodity markets.
Street Address:
S.S. Sulcitana 195 km 19
City:
Sarroch
State/Province:
Cagliari (CA), Sardinia
Country:
Italy
Saras S.p.A.'s Global Presence
Milan, Italy
Address: Galleria de Cristoforis, 8, 20122 Milano MI, Italy
Facilitates engagement with the national and international financial community, partners, and manages key corporate functions from a strategic northern Italian hub.
Rome, Italy
Address: Via Giulio Gaudini, 2, 00197 Roma RM, Italy
Supports Saras's strategic interests by maintaining presence and communication channels with key national stakeholders and policy makers in Rome.
Buying Intent Signals for Saras S.p.A.
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Executive Team of Saras S.p.A.
As of April 2025, Saras S.p.A.' leadership includes:
Investors of Saras S.p.A.
Saras S.p.A. has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
The most significant executive change at Saras S.p.A. in the past year was the appointment of Matteo Codazzi as CEO in March 2024, succeeding Dario Scaffardi. This transition occurred in the context of Vitol's acquisition of a controlling stake in the company.
Departures
New Appointments:
Technology (Tech Stack) used by Saras S.p.A.
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Saras S.p.A. Email Formats and Examples
Saras S.p.A. likely utilizes standard corporate email formats. Common patterns include combinations of first name initial and last name, or full first name and last name separated by a dot, followed by '@saras.it'.
[first_initial][lastname]@saras.it or [firstname].[lastname]@saras.it
Format
m.codazzi@saras.it
Example
75%
Success rate
News and media
Vitol News Release • February 11, 2024
Saras S.p.A. News: Vitol Agrees to Acquire Controlling Stake in Saras S.p.A.
Vitol announced it has reached an agreement with the Moratti family to acquire approximately 35% of the share capital of Saras S.p.A. This transaction will trigger a mandatory tender offer for the remaining outstanding shares. The deal aims to leverage Vitol's global reach with Saras's refining expertise....more
Saras S.p.A. Press Release • March 28, 2024
Saras S.p.A. News: Saras Board Appoints Matteo Codazzi as Chief Executive Officer
The Board of Directors of Saras S.p.A. appointed Matteo Codazzi as the company's new Chief Executive Officer, effective from the meeting date. This appointment follows the resignation of Dario Scaffardi and is part of the new corporate structure envisaged with the entry of Vitol....more
Saras S.p.A. Press Release • May 14, 2024
Saras S.p.A. News: Saras Reports Q1 2024 Financial Results
Saras S.p.A. released its financial results for the first quarter of 2024, reporting a Group comparable EBITDA of EUR 168.7 million. The company highlighted performance amidst volatile market conditions and ongoing strategic developments related to the Vitol acquisition....more
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