Information Technology





Year Founded


About EEMS

Company Description

EEMS is a company, with a background in semiconductor assembly, DRAM memory, and photovoltaic panels, that is planning a new engagement in the energy sector to operate, in a first phase, as a wholesaler eligible for free-market activities in electricity, gas, and any other energy carrier and, in a second phase, as a multi-service/utility operator in the energy transition sector.

EEMS, on June 11, 2021, became part of Industrie Riunite Group, which acquired all the shares held by Gala Holding and Flower Holding for a total of 89.99 percent. For the Industrie Riunite Group, the energy sector represents its core business and therefore, as Industrie Riunite Group majority shareholder Eng. Giuseppe De Giovanni said, "joining EEMS is a decisive step to further develop and consolidate its presence in the energy market by positioning itself as a multi-service company in order to progressively increase turnover and improve the total marginality of its portfolio."

Served Area



Piazza Cinque Giornate, 10
20129, Milano

Financial statements

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Line item in (eur) 01.01.2021 01.01.2022 01.01.2023
Assets N/A 2,706,000.00 3,598,000.00
Noncurrent Assets N/A 274,000.00 447,000.00
Property Plant And Equipment N/A 0.00 36,000.00
Goodwill N/A 0.00 0.00
Intangible Assets Other Than Goodwill N/A 3,000.00 19,000.00
Current Tax Assets Noncurrent N/A 271,000.00 392,000.00
Current Assets N/A 2,432,000.00 3,151,000.00
Current Trade Receivables N/A 0.00 339,000.00
Current Tax Assets Current N/A 402,000.00 572,000.00
Cash and cash equivalents 1,305,000.00 1,970,000.00 1,604,000.00
Other Current Assets N/A 60,000.00 636,000.00
Equity And Liabilities N/A 2,706,000.00 3,598,000.00
Equity 480,000.00 997,000.00 1,507,000.00
Equity Attributable To Owners Of Parent N/A 997,000.00 1,507,000.00
Noncontrolling Interests N/A 0.00 0.00
Liabilities N/A 1,709,000.00 2,091,000.00
Noncurrent Liabilities N/A 6,000.00 8,000.00
Noncurrent Provisions N/A 0.00 0.00
Noncurrent Provisions For Employee Benefits N/A 0.00 4,000.00
Deferred Tax Liabilities N/A 0.00 0.00
Other Noncurrent Liabilities N/A 6,000.00 4,000.00
Current Liabilities N/A 1,703,000.00 2,083,000.00
Current Provisions N/A 0.00 0.00
Trade And Other Current Payables To Trade Suppliers N/A 270,000.00 687,000.00
Current Tax Liabilities Current N/A 152,000.00 217,000.00
Other Current Liabilities N/A 131,000.00 116,000.00
Line item in (eur) 01.01.2021/
Revenue N/A 1,342,000.00
Other Income 721,000.00 64,000.00
Raw Materials And Consumables Used 1,000.00 1,338,000.00
Services Expense 1,086,000.00 2,084,000.00
Employee Benefits Expense N/A 75,000.00
Depreciation Expense 543,000.00 N/A
Amortisation Expense N/A 6,000.00
Other Expense By Nature 276,000.00 73,000.00
Finance Income 11,000.00 56,000.00
Finance Costs 57,000.00 143,000.00
Profit Loss Before Tax -145,000.00 -2,257,000.00
Income Tax Expense Continuing Operations 142,000.00 1,000.00
Profit (loss) -287,000.00 -2,258,000.00
Profit Loss Attributable To Owners Of Parent -287,000.00 -2,258,000.00
Line item in (eur) 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A -287,000.00 -2,258,000.00
Other Adjustments For Noncash Items N/A -65,000.00 -71,000.00
Other Adjustments To Reconcile Profit Loss N/A -809,000.00 -198,000.00
Cash Flows From Used In Operating Activities N/A -691,000.00 -2,400,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 3,000.00 22,000.00
Other Inflows Outflows Of Cash Classified As Investing Activities N/A 0.00 -35,000.00
Cash Flows From Used In Investing Activities N/A -3,000.00 -58,000.00
Cash Flows From Used In Financing Activities N/A 1,333,000.00 2,069,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A 26,000.00 23,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 665,000.00 -366,000.00
Cash and cash equivalents 1,305,000.00 1,970,000.00 1,604,000.00

Please note that some sums might not add up.

Capital Markets Information







Listed Stock Exchange

Borsa Italiana

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