MeteRSit

What MeteRSit does

MeteRSit S.r.l. is an Italian designer and manufacturer of smart gas meters, founded in 2009 as a wholly-owned subsidiary of SIT Group (publicly listed on Borsa Italiana). The company's core technology is the Domusnext® platform, which uses proprietary thermal mass measurement to deliver high-precision gas metering in standard m3 without external conversion devices. The product portfolio spans residential meters (G4, G6, MMU6 DB, Vision), commercial and industrial meters (G10, G16, G25, G40, MMU16/25/40), and accessories (antennas, pulse counter repeaters), with integrated communication capabilities across NB-IoT, w-MBUS 169 MHz, GPRS, and ZigBee, plus optional integrated shut-off valves for remote contract management. Hydrogen-ready variants support energy-transition use cases.

MeteRSit operates as a B2B enterprise hardware vendor, selling directly to gas utilities and network operators under multi-year contracts and through a network of authorized regional distributors in the UK, Ireland, Poland, Greece, Ukraine, and India. Revenue is generated through hardware sales of smart meter units, with the most significant commercial signal being a €100 million, 8-year (extendable to 13) supply agreement with Netbeheer Nederland signed in March 2026 covering all Dutch network operators, with first deliveries scheduled for H2 2027. The company also extends into adjacent water metering through the SmartIO ultrasonic platform (developed with JANZ and GWF) and holds an extensive regulatory certification portfolio (MID, ATEX, OIML, UKCA, CPA, ISO 9001/14001/27001, ACCREDIA lab accreditation). Operations are split across Milan (sales/marketing/R&D), Padua (R&D laboratory), and Rovigo (production/quality) in Italy.

The company serves three primary customer segments: gas utilities and network operators (B2B enterprise), residential end-customers (use case, via utility deployments), and commercial/industrial facilities with higher-volume gas needs. The customer base is concentrated among European utilities, with Northern Gas Networks (UK) and Netbeheer Nederland as named anchors. Distribution is hybrid — direct enterprise sales for major tenders supplemented by regional channel partners — and the company's GTM motion is sales-led with industry event participation (e.g., Enlit Europe), press releases, and direct utility engagement.

Name

MeteRSit

Legal name

MeteRSit S.r.l.

Website

https://metersit.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Short description

MeteRSit designs and manufactures smart gas meters using proprietary Domusnext® thermal mass measurement technology, selling B2B to gas utilities and network operators across Europe and India under multi-year contracts and via regional distributors.

Ownership category

akta.pro rank

Product category

Smart Gas Meters

NAICS

Totalizing Fluid Meter and Counting Device Manufacturing (334514), Other Measuring and Controlling Device Manufacturing (334519)

SIC

Totalizing Fluid Meters & Counting Devices (3824), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

AMI/AMR Smart Meter Deployment & Operations (Head-End, Network & MDM) (EUAJACAD)

akta.pro secondary industries

Customer Premise Equipment Interfaces (Regulators, ERTs/Modules & Indoor/Outdoor Meter Sets) (EUAJACAE), Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance) (EUANAIAA)

Keywords

• Smart gas meters
• Thermal mass measurement
• Gas metering solutions
• Residential gas meters
• Smart metering infrastructure

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Smart Gas Meter Hardware Sales: MeteRSit generates revenue through the sale of smart gas meters including residential (G4, G6), commercial and industrial (G10, G16, G25, G40), and multi-family meters (MMU series). The company also sells accessories including antennas and pulse counter repeaters.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

MeteRSit designs, manufactures, and markets smart gas meters under its Domus*Next®* brand, featuring proprietary thermal mass measurement technology with integrated communication capabilities (NB-IoT, Wireless MBus 169 MHz, GPRS, ZigBee). The product portfolio includes residential (G4, G6, Vision, MMU6 DB) and commercial/industrial (G10, G16, G25, G40, MMU series) gas meters with optional integrated shut-off valves, along with hydrogen-ready variants and complementary accessories such as antennas and pulse counter repeaters. The company also offers ultrasonic water meters (SmartIO) and radio-enhanced mechanical water meters through its JANZ subsidiary.

Product overview

MeteRSit, a SIT Group company established in 2009, designs, manufactures, and markets smart gas meters with innovative measurement technologies and communication functions. The core product line is the Domus*Next®* brand featuring compact, precision thermal mass meters with integrated communication capabilities. Product portfolio includes: (1) Residential meters - G4, G6, MMU6 DB, and Vision models with communication options including NB-IoT, WMBUS 169MHz, GPRS, and ZigBee; (2) Commercial & Industrial meters - G10, G16, G25, G40, MMU16, MMU25, and MMU40 models for higher capacity applications; (3) Accessories - external antennas and pulse counter repeaters; (4) Water meters through JANZ subsidiary - including SmartIO ultrasonic meters and traditional meters with radio add-ons. All meters provide remote reading and optional integrated shut-off valves for contract management.

Differentiator

Problem solved

Functional benefit

Brands

• Domus*Next®: Smart and integrated gas meters that are compact, easy to install, with measurement in standard m3, featuring integrated communication for accurate billing
• SmartIO
• Vision

Products and services

• Domus*Next®* Residential Gas Meters (G4, G6, Vision, MMU6 DB)

Quantifiable outcome

• Accurate billing without estimates or approximations
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core, minor and flagship.

• GWFcoreStrategic or Co-development PartnerJoint venture partnership for development of SmartIO ultrasonic residential water meter for the European market. The product combines JANZ's water metering expertise with GWF's ultrasonic technology, creating a patented innovative solution for residential water measurement.
• JANZ (SIT Group Subsidiary)coreStrategic or Co-development PartnerJANZ, a company of the SIT group and leader in Water Metering, collaborated on SmartIO product development. JANZ brings mechanical reliability while SIT contributes electronic innovation for smart water metering solutions.
• Energy and Utilities Alliance (EUA)minorOthersMeteRSit is a member of EUA Utility Networks, joining the Metering Data Group within the Utility Networks Division. EUA provides industry voice and helps shape future policy direction for the sector with over 100 years of experience.
• Netbeheer NederlandflagshipChannel Partner/ Reseller/ DistributorMajor multi-year agreement with Netbeheer Nederland covering all Dutch network operators for supply of smart gas meters worth 100 million euros. MeteRSit will design, develop, and industrialize innovative residential smart gas meters specifically for the Netherlands market over an eight-year period extendable to thirteen years.
• DMS Metering Solutions (UK & Ireland)coreChannel Partner/ Reseller/ DistributorAuthorized dealer for UK and Ireland markets. Located at X-Cel House, Langley Bridge, Eastwood, Nottinghamshire NG16 3RY.
• Gazkomplekt Group LLC (Ukraine)coreChannel Partner/ Reseller/ DistributorAuthorized dealer for Ukraine market. Located in Sofiyivska Borshchagivka, Kyiv-Svyatoshinsky district.
• Górnośląski Zakład Obsługi Gazownictwa Sp. z o.o. (Poland)coreChannel Partner/ Reseller/ DistributorAuthorized dealer for Republic of Poland. Located in Zabrze, Poland.
• EdilHellas (Greece)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for the Hellenic Republic (Greece).
• Inel Gas Controls P.L. (India)coreChannel Partner/ Reseller/ DistributorAuthorized distributor for Republic of India. Located in Vadodara, Gujarat, India.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Diehl Metering: German family-owned manufacturer of heat, water, electricity, and gas meters with strong presence in European AMI rollouts. Directly comparable in product scope (residential and C&I gas meters) and target customer base (DSO/utility tenders).
• Pietro Fiorentini: Italian-based gas equipment specialist covering regulation, metering, and downstream gas solutions. Comparable in target market (European gas utilities) and Italian industrial base, though broader on gas regulation than metering.
• Landis+Gyr: Swiss-listed global leader in smart electricity, gas, and water metering with end-to-end AMI solutions. Directly comparable to MeteRSit in European gas AMI tenders, though at much larger scale and with broader software/services offering.
• Sagemcom: French-headquartered group that acquired Honeywell's gas metering business (formerly Elster Gas). Direct competitor in European gas AMI with strong meter portfolio and AMI head-end systems.
• Zenner: German-headquartered manufacturer of water, heat, and gas meters with strong European footprint. Direct competitor in residential and C&I gas AMI and operates in overlapping European tender markets.
• Kamstrup: Danish-based manufacturer of smart heat, cooling, electricity, and water meters with growing gas metering presence. Directly comparable in European utility AMI deployments, particularly in Northern Europe.
• Apator: Polish-listed metering and electrical equipment group with smart gas, water, and electricity meter lines. Directly comparable in product mix and competes head-to-head with MeteRSit in Central European gas tenders.
• Itron: US-listed global metering and smart infrastructure provider with a sizable European gas and water AMI business. Directly competes with MeteRSit in European utility tenders and offers comparable integrated AMI hardware plus head-end software.
• Aclara (Hubbell Power Systems): US-based AMI solutions provider for electric, gas, and water utilities, now part of Hubbell. Comparable in AMI gas metering product line and competes for large multi-utility deployment contracts.

Emerging players

• Flonidan: Danish specialist in residential and C&I smart gas meters with strong Northern European utility footprint. Comparable in product focus (smart gas meters) and serves similar utility customers though at smaller scale than MeteRSit.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/metersit

Compliance17 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MeteRSit