Iskraemeco to expand support to Austrian utilities with DGS
Iskraemeco d.d., one of the leading metering solution providers recently established a new company called Digital Grid Solutions GmbH (DGS). The company will provide a full suite of metering solutions and comprehensive local support services to its Austrian customer base.
DGS has become an official representative of Iskraemeco for the Austrian market. The company is located in Vienna and will be providing energy utilities with comprehensive support and smart grid consultancy services. Establishing DGS is a strategic ramp up for Iskraemeco in Austria.
»In order to create a valuable supply business for customers and potential partners in Austria, vicinity is very important, as well as having a thorough understanding of the market and conditions«, explains Dieter Brunner, CEO of Iskraemeco.
Helmut Ratzenhofer, Managing director of DGS adds, that »there are around 120 electricity DSO`s in Austria, of which the vast majority are very small. In order to serve them all with respect to quality and efficiency, a local presence is very beneficial. Since Austria is very active in implementing smart metering, the establishment of DGS couldn`t come at a better time.«
According to Austria's regulation on the introduction of smart meters, at least 95 per cent of Austrian homes must be equipped with smart meters by end of 2019. Iskraemeco is currently running a smart metering project with KNG - Kärnten Netz GmbH (majority owned by the energy giant RWE) and Stadtwerke Kapfenberg GmbH for the delivery of 95.000 smart meters.