GOERLITZ Italia s.r.l.

GÖRLITZ AG opens subsidiary company in Italy.

The articles of agreement for the Italian subsidiary company GOERLITZ Italia s.r.l. were signed on the 28th of March 2001, thereby giving the “GO-ahead” for another company in the GÖRLITZ Group.

GOERLITZ Italia s.r.l. is located in Milan in the north of Italy and deals with such major companies as ENEL, GRTN as well as numerous communal and regional utilities. 90% of the company is owned by the German parent company GÖRLITZ AG and the Italian management bears the remaining 10%, Dr. Giovanni Riboldi acts as the general manager.

The Italian subsidiary has acquired a large share of the Italian market in the energy data transmission sector. Two major utility companies, ENEL (the second largest in Europe) and GRTN, have already installed GÖRLITZ systems for the collection of meter data. The ENEL system is the largest system for automatic meter reading in Europe and collects load profile data for over 100,000 customers on a daily basis. Other well known public utility companies such as ACEA Roma or AEM Milano also utilise GÖRLITZ products.