Slovenský plynárenský priemysel
Encyclopedia
Slovenský plynárenský priemysel, a.s. (abbr. SPP; Slovak
: literally "Slovak Gas Industry") is a Slovak key natural gas
supplier. The company follows on from over 150 years of gas industry in Slovakia. The company has headquarters in Bratislava
in the Ružinov
borough.
On 1 July 2006, the company completed the legal unbundling, while according to the requirements of Slovak and European legislation, the companies SPP – preprava, a.s., nowdays Eustream, active in the area of international gas transmission and SPP – distribúcia, a.s. in the area of natural gas distribution commence their activities.
In 2006, SPP posted a profit of 24 billion Slovak koruna
s (app. €
704 million) after taxation and sold 6,283 million cubic meter of natural gas to 1,461,517 consumers.
51% of SPP's shares is hold by Slovak National Property Fund and 49% including managing rights by Slovak Gas Holding B.V., a consortium of GDF Suez
and E.ON Ruhrgas
.
Slovak language
Slovak , is an Indo-European language that belongs to the West Slavic languages .Slovak is the official language of Slovakia, where it is spoken by 5 million people...
: literally "Slovak Gas Industry") is a Slovak key natural gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
supplier. The company follows on from over 150 years of gas industry in Slovakia. The company has headquarters in Bratislava
Bratislava
Bratislava is the capital of Slovakia and, with a population of about 431,000, also the country's largest city. Bratislava is in southwestern Slovakia on both banks of the Danube River. Bordering Austria and Hungary, it is the only national capital that borders two independent countries.Bratislava...
in the Ružinov
Ružinov
Ružinov is a borough of eastern Bratislava. It is the city's second most populated borough, housing over 70,000 inhabitants.-History:In place of today's Ružinov there were originally meadows, pastures, grasslands and woodland, interspersed with islands and channels of the Danube. The people living...
borough.
On 1 July 2006, the company completed the legal unbundling, while according to the requirements of Slovak and European legislation, the companies SPP – preprava, a.s., nowdays Eustream, active in the area of international gas transmission and SPP – distribúcia, a.s. in the area of natural gas distribution commence their activities.
In 2006, SPP posted a profit of 24 billion Slovak koruna
Slovak koruna
In 1993, coins were introduced in denominations of 10, 20 and 50 haliers, 1, 2, 5 and 10 korunas. The 10 and 20 halier coins were taken out of circulation on 31 December 2003....
s (app. €
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
704 million) after taxation and sold 6,283 million cubic meter of natural gas to 1,461,517 consumers.
51% of SPP's shares is hold by Slovak National Property Fund and 49% including managing rights by Slovak Gas Holding B.V., a consortium of GDF Suez
GDF Suez
GDF Suez S.A. is a French multinational energy company which operates in the fields of electricity generation and distribution, natural gas and renewable energy. The world's largest utility after taking control of Britain's International Power, the company was initially formed by the merger of Gaz...
and E.ON Ruhrgas
E.ON
E.ON AG, marketed with an interpunct as E•ON, is the holding company of the world's largest investor-owned energy service provider based in Düsseldorf, Germany. The name comes from the Greek word aeon which means eternity....
.