Here is the
answer Saipem is one of the largest Italian companies active in the energy and engineering sector, but how many employees does it have exactly? This is one of the most frequent questions that interested parties ask themselves, especially in a period of crisis like the current one. In this article, we will try to answer this question and also explore other aspects related to the company, such as its financial situation, its shareholders and the difference between Saipem and Eni.
Table of Contents:
Saipem: a successful company
Saipem was founded in 1957 in San Donato Milanese as a company specialized in oil construction. Over the years, the company has expanded and diversified its business, becoming one of the world’s leading enterprises in the oil and gas infrastructure sector. Today, Saipem is present in over 60 countries and employs over 32,000 people.
Saipem: the financial situation
In recent years, Saipem has faced several financial difficulties. In 2015, the company recorded a net loss of 806 million euros, while in 2016 it closed the year with a loss of 2.6 billion euros. In 2017, Saipem reported a net profit of 53 million euros, but the company’s financial situation remains precarious.
Saipem: shareholders
Saipem’s shareholders are mainly pension funds and institutional investors. The company’s majority shareholders include Cassa Depositi e Prestiti, the asset management company BlackRock and the insurance company Generali.
Saipem: the difference with Eni
Many people wonder what is the difference between Saipem and Eni. In fact, the two companies are closely linked to each other. Eni is in fact one of Saipem’s main customers, which designs and builds infrastructure for the extraction and processing of oil and gas. Eni also holds a 43% stake in Saipem.
Saipem: what happens in case of bankruptcy?
Many wonder what happens in the event of Saipem’s bankruptcy. In the event of bankruptcy, the company would be liquidated and its creditors would be repaid according to the order of priority established by law. Saipem employees would be entitled to compensation for the damage suffered, but could lose their jobs.
Saipem: employees’ salaries
Saipem employees’ salaries vary according to their role and position within the company. On average, a Saipem engineer earns around €2,500 per month, while a worker can earn around €1,500 per month.
Saipem: the crisis in the oil industry
The crisis in the oil industry in recent years has had a significant impact on Saipem and other companies in the sector. The fall in oil prices has in fact led to a reduction in investments by oil companies, which in turn have reduced Saipem’s demand for services.
Saipem: Fano employees
Saipem has a branch in Fano, where around 150 employees work. In 2017, the company announced the closure of the branch and the transfer of workers to other locations. The news has sparked concern among employees and local authorities, who fear negative consequences for the economy of the area.
Saipem: turnover
In 2017, Saipem recorded a turnover of 8.5 billion euros, a slight increase compared to the previous year. Despite the precarious financial situation, the company continues to invest in research and development to remain competitive in the global market.
Conclusions
In conclusion, Saipem is one of the largest Italian companies active in the energy and engineering sector, with over 32,000 employees worldwide. Despite the financial difficulties of recent years, Saipem continues to invest in research and development to remain competitive in the global market. In the event of bankruptcy, Saipem employees would be entitled to compensation for the damages suffered, but could lose their jobs. As for salaries, these vary according to the role and position within the company. Finally, the oil industry crisis of recent years has had a significant impact on Saipem and other companies in the sector.
