| - Industry | - Sector | Dr. Federico De Stefani CEO | CBOE Exchange | IT0005262149 ISIN |
| Italy Country | 1,829 Employees | - Last Dividend | - Last Split | - IPO Date |
SIT S.p.A. is an esteemed Italian company, established in 1953 and headquartered in Padua. The firm is renowned for its expertise in creating and manufacturing smart solutions tailored for climate control, gas and water metering. These innovative systems are designed to enhance safety, comfort, and efficiency in heating, ventilation, and consumption measurement applications. SIT operates through three primary business units: Heating & Ventilation, Smart Gas Metering, and Water Metering. The company's global clientele encompasses residential, commercial, and industrial sectors, enabling SIT to maintain a substantial presence across various markets worldwide.
SIT's production capabilities are bolstered by significant investment in research and development, resulting in an impressive portfolio of 83 patents and the establishment of six R&D facilities. With approximately 1,873 employees distributed across seven production plants located in Italy, the Netherlands, Romania, Mexico, and China, in addition to 11 commercial offices that span 68 countries, SIT S.p.A. has successfully positioned itself as a leading player in industrial machinery for energy management and efficiency. The company generates substantial revenue, achieving €213 million from its Heating & Ventilation unit and €59.34 million from its Smart Gas Metering segment in 2024, showcasing its vast scope and impact across Europe, America, Asia-Pacific, and beyond.