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Saipem SpA (MIL:SPM) Cash Receipts from Tax Refunds


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What is Saipem SpA Cash Receipts from Tax Refunds?

Cash Receipts from Tax Refunds only applicable to companies reporting Cash Flow from Operations in direct method.


Saipem SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (MIL:SPM) » Definitions » Cash Receipts from Tax Refunds
Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.