February 01, 2015 9:50 PM ET

Electric Utilities

Company Overview of Enemalta Corporation

Company Overview

Enemalta Corporation provides electricity and petroleum services to residential and commercial customers in the Maltese Islands. It engages in the generation and distribution of electricity; and importation, storage, and distribution of petroleum products, such as fuel oil, gas oil/diesel, lead replacement petrol, and aviation fuels. The company also offers storage services to international oil companies. Enemalta Corporation was founded in 1977 and is based in Marsa, Malta.

Triq Belt il-Hazna

Marsa,  MRS 1571

Malta

Founded in 1977

Phone:

356 2122 3601

Fax:

356 2298 0660

Key Executives for Enemalta Corporation

Executive Director of Finance and Member of Management Board
Executive Director of Human Resources & Corporate Services and Member of Management Board
Financial Controller - Petroleum
Divisional Manager of Corporate Services and Member of Management Board
Compensation as of Fiscal Year 2014.

Enemalta Corporation Key Developments

GWU Fails To Declare Position On Enemalta Stake Sale

General Workers Union’s (GWU) General, Tony Zarb has failed to disclose GWU’s position on possible sale of stake in Enemalta Corporation and petroleum division. According to news report, when media contacted and asked regarding GWU's stand with respect to Enemalt’s workers approaching media house and claiming that the official said that he was against the privatization process, Tony Zarb replied stated, “Tell those workers who approached you to come to me and say what they have to say to me.” Workers are claiming that he said these words during a meeting in September 2013, held for Enemalta workers who are members of the GWU in the presence of government officials. Recently, The Malta Independent reported quoting sources as saying that the government is currently seeking the views of international oil companies on the sale of the petroleum division at Enemalta in conjunction with Mediterranean Offshore Bunkering Company Ltd. (MOBC) for the price of €100 million. Both the petroleum division and MOBC were bundled together as part of the privatization process.

Similar Private Companies By Industry

Company Name Region
Enemalta Corporation Europe

Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 13, 2014
--
Merger/Acquisition
March 11, 2014
The BWSC Plant
 

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