Targa Telematics repositions itself in the second European market for automotive manufacturing
Targa Telematics – an Italian tech company that develops solutions in the field of telematics, smart mobility and IoT – continues to grow and expand on foreign markets, with the opening of a new office in Spain, in the center of Madrid. The entry into the Iberian market comes a year after the opening of offices in Portugal.
This is an operation that allows to consolidate the internationalization path and to follow up the export project of technologies, services, and value propositions of the Italian company, which also boasts direct offices in France and the United Kingdom, and which is already operating globally in countries such as the United States, Australia, New Zealand and asian markets.
Spain ranks second after Germany as the second largest producer of the automotive sector in Europe, an industry that accounts for 11% of the national GDP. The direct presence on the territory will allow Targa Telematics – protagonist of a significant growth path over the last few years – to expand the market of its innovative solutions for fleet management and car sharing – developed in the Treviso Research & Development hub – and to play a leading role in the mobility of the future also in the Iberian Peninsula.
"The presence in Spain represents a further step towards our goals of growth and positioning, which will have to lead us in the next five years to become a global company and to consolidate our role as a protagonist in the sector, as an enabling actor of the transformations that we are already beginning to see in the mobility sector", commented Nicola De Mattia, CEO of Targa Telematics .
"We are totally focused on supporting and helping our customers – whether they are managers of large fleets, renters, car makers, insurance companies or mobility players – in their transformation and transition to digital, to connected, electric and shared mobility, and to all new forms of mobility: being also logistically closer to them is a further and important point of transition to make collaborations even more profitable and increase the value created", De Mattia added.