Copel

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Companhia Paranaense de Energia - Copel
Type Sociedade Anônima
Traded as BM&F BovespaCPLE3, CPLE6
BMADXCOP
NYSEELP
Industry Electricity
Telecomunications
Founded 1954
Headquarters Curitiba, Brazil
Key people Lindolfo Zimmer, (Chairman)
Ricardo Portugal Alves, (CEO)
Products Electrical power
Services Electricity distribution
Internet services
Revenue Increase US$4.1 billion (2012)[1]
Net income Decrease US$354.5 million (2012)[2]
Employees 8,560
Website www.copel.com

Copel - Companhia Paranaense de Energia, the largest company of the State of Paraná, was founded on October 26, 1954 with ownership control held by the State of Paraná. The Company went public in April 1994 BM&F Bovespa and, in 1997, it was the first company of the Brazilian electricity sector to be listed at the New York Stock Exchange. As from June 2002, the brand is also present at the European Economic Community, having been listed at Latibex - the Latin American index of companies of the Madrid Stock Exchange. As of May 7, 2008, Copel's shares were ranked at Level 1 of São Paulo Stock Exchange (Bovespa)'s Corporate Governance.

The Company directly serves 3,549,256 consuming units, across 393 cities and 1,114 locations (districts, villages and settlements), located in the State of Paraná. This network consists of 2.8 million homes, 63.8 plants, 295.5 commercial establishments and 341.6 rural properties. The staff is composed of 8,376 employees.

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