Safe at Sea register a fully owned subsidiary company in the Mediterranean area
Safe at Sea AB has been informed that the Registration Office in Italy has approved the formation of a fully owned subsidiary company in Italy with the company name Safe At Sea srl.
The registration process of an Italian company for business and marketing activities in the Mediterranean area has been planned for a long time, but as we reported during 2020, the decision and process has been postponed and adjusted according to the corona pandemic impact. With the registered Italian company the ambition is to further strengthen our position and presence in the Mediterranean area and in the short term enable business in primarily Italy.
"The Mediterranean area and specifically Italy are very interesting markets and we are convinced that the new subsidiary company will enable us to move forward in current business processes and at the same time create new business opportunities." says Henrik Hartman, CEO of Safe at Sea.
For more information please contact:
Henrik Hartman
Telefon +46 (0)303-23 07 00
henrik.hartman@safeatsea.se
This information is such information that Safe at Sea AB is obliged to publish in accordance with the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted, through the care of the above contact person, for publication on 10 februari, 2021.
Safe at Sea AB designs, manufactures and sells light, flexible och cost effecient Search-and Rescue SAR systems. These systems contribute to saving lives and optimizing SAR operations around the world and are likely to be the most effecient systems in the world when it comes to rescuing casualties out of the water. The systems involve personal equipment, operating methods, launch-and recovery solutions as well as training. The fundament of Safe at Seas product portfolio is the RescueRunner, SafeRunner, FireRunner and GuardRunner. The company is based in Göteborg, Sweden and listed on the Spotlight stockmarket since the 10th January 2008.
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