itTo the north, Italy borders France, Switzerland, Austria, and Slovenia, and its borders are largely naturally defined by the Alpine watershed. To the south, it consists of the entirety of the Italian Peninsula and the two largest Mediterranean islands of Sicily and Sardinia as well as around 68 smaller islands. There are two small independent states within Italy: the Vatican City in Rome, and the Republic of San Marino. The most important sectors of Italy’s economy in 2012 were wholesale and retail trade, transport, accommodation and food services (20.6 %) and industry (18.4 %) and public administration, defence, education, human health and social work activities (16.9 %).

Italy’s main export partners are Germany, France and the US while its main import partners are Germany, France and China. It can be seen from the data below that Satsafe® represents a very significant Internet of Things (IoT) business opportunity in Italy focussed on security and safety applications.

Capital: Rome

Geographical size: 301 336 km2

Population: 59 394 207 (2012)

Population as % of total EU population: 11.8 % (2012)

GDP: € 1.567 trillion (2012)

Official EU language(s): Italian

Political system: parliamentary republic

EU member country since: 25 March 1957

Seats in the European Parliament: 73

CurrencyEurozone member since 1 January 1999

A world of opportunity:

We are currently seeking expressions of interest from International distributors for a range of Satsafe® branded safety and security applications including Geobloc®.

If you are interested in acquiring the Satsafe® Master License as a business opportunity in Italy, please contact us outlining your experience.