we receive e we publish the following Press release spread by sit.
MetRSit, subsidiary of SIT group, a leader in the development and production of smart gas measurement solutions, announces the signing of a contract worth over 20 million euros with a leading European energy company. This strategic partnership marks a milestone for MeteRSit in Europe and underlines its commitment to providing innovative and high-quality solutions to the energy sector.
The multi-year contract will see MeteRSit provide residential smart gas meters to support the company in improving energy efficiency and delivering value to its customers. By leveraging MeteRSit's cutting-edge products and expertise, this collaboration aims to contribute to the energy transition.
“We are thrilled to partner with a prestigious European energy company, a market that is at the forefront of the energy transition,” said Federico DeStefani, CEO of SIT Group – This agreement demonstrates confidence in our products and our capabilities: we have been working for a long time to create cutting-edge smart meters in terms of measurement, data security and communication”.
Subject of the agreement are the residential smart gas meters, designed to meet the highest standards of accuracy, reliability and connectivity. The product will enable real-time monitoring and management of energy consumption, allowing end users to make informed decisions while supporting European sustainability goals.
MeteRSit's innovative approach and dedication to customer satisfaction have positioned the company as a trusted partner worldwide in smart metering solutions. And with this major contract, MeteRSit will further consolidate its presence in Europe.
***
SIT, through its Business Units Heating & Ventilation, Smart Gas Metering and Water Metering, creates intelligent solutions for controlling environmental conditions and measuring consumption for a more sustainable world. A leading multinational in its reference markets and listed on the Euronext Milan segment, SIT aims to be the main sustainable partner for energy and climate control solutions for its client companies, paying great attention to the testing and use of alternative gases with low environmental impact. The group has production sites in Italy, Mexico, Romania, China, Tunisia and Portugal, as well as a commercial structure that covers all the reference markets worldwide. SIT adheres to the United Nations Global Compact and the principles associated with it that promote a responsible way of doing business. SIT is also a member of the European Heating Industry and the European Clean Hydrogen Alliance, as well as the Valore Acqua per l'Italia Community.