Enel is a transnational company operating in the sector of the production and distribution of electricity and natural gas. Enel is an abbreviation for “Ente nazionale per l’energia elettrica” which in Italian means State institution for electric power. It was founded as a state-owned enterprise in Italy in 1962. In 1999 in the wake of the liberalization of the Italian electricity market, the company became private with some state participation. By 2014, the company’s year turnover reached the level of almost 76 billion euros and its net income was 772 million euros.
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