Enel

Enel, which stands for National Entity for Electricity (Ente nazionale per l’energia elettrica), is a multinational manufacturer and distributor of electricity and gas. Enel was first established as a public body at the end of 1962, and then transformed into a limited company in 1992. In 1999, following the liberalization of the electricity market in Italy, Enel was privatized. As of February 2015, the Italian government is the owner of 25.5% of the company’s shares. In 2014 Enel employed over 70,000 people, works in 40 countries and – with 80.5 billion euro of revenue and a market capitalization of 31 billion euro – is the 56th company in the world by revenue. Enel’s logo, designed by Bob Noorda and Maurizio Minoggio, is a combination of a sun and a tree whose nine branches or nine rays – represent the variety of services offered by the company.