Contazara, the Spanish arm of the Arad Group, has been acknowledged by Spain’s official statistics body as a real market leader with a market share of some 50 percent of total revenues of water metering solutions in the local Spanish market.
According to a report measuring companies’ market share in 2013 released last week, Contazara was responsible for the sale of 22.8% of all water metering units sold in Spain.
The difference between Contazara’s revenues and sale of units stems from the fact that Contazara focuses on the sale of high-end water metering solutions, which are sold for higher prices.
“The fact that Contazara is recognized by Spain’s statistic bureau as a true market leader emphasizes the company’s prominent position in the local market,” said Isaac Navarro, CEO of Contazara.
“Our cutting edge solutions in the field of intelligent water metering systems for the residential and industrial markets have allowed us to spearhead advances in the Spanish market and we intend to continue and strengthen the smart water metering revolution in Spain in the future,” he added.