Enron was founded in 1930 and headquartered in Houston, USA. It was once an energy company located in Houston, Texas, USA. Enron ranked 16 in the Fortune Global 500 in 2000. It is the largest buyer and seller of natural gas in the United States and a leading market maker in the energy wholesale market.
In addition, the company also operates natural gas pipeline system and broadband department. Enron was founded in 1930 as a natural gas distributor, but now it has become a power plant with 13 and 14 digital assets. Enron also deals in daily necessities such as paper, coal and chemicals. The company controls a 32,000-mile natural gas pipeline in the United States and provides consulting and construction services related to energy transmission.
Analyze Enron
Diversification, collectivization and striding into the world's top 500 have always been the goals pursued by our business community in recent years. Under the guidance of ambitious and ambitious ideas, many enterprises gradually lost their original characteristics and development direction, but they were unaware of it. Perhaps the modern bankruptcy of South Korea a few years ago has gradually faded away.
Overnight, Enron, which has more than 3,000 subsidiaries in the world and ranks seventh among Fortune 500 companies in the United States, controls 20% of electricity and natural gas transactions in the United States, and is known as the darling of Wall Street, collapsed a few days ago. Its fall will undoubtedly become a model in bankruptcy cases. Of course, the reasons for Enron's bankruptcy can be said to be not built in a day, and there are many reasons.
Refer to the above content: Baidu Encyclopedia-Enron Limited