Italgas

1. Financial Risk – Investing in a new market involves taking on a greater amount of risk than investing in an established one. There is inherent financial risk involved in making an international expansion into a new country.

2. Regulatory Risk – It is important to understand and adhere to the regulatory policies of the country in which you are operating. Non-compliance can lead to penalties or even worse, the potential loss of the business.

3. Competition Risk – Entering new markets also means competing with both incumbent and new entrants in the space of gas distribution. If there are a number of established players in the market already, Italgas may find it difficult to compete and establish itself, leading to possible losses.

4. Reputational Risk – If Italgas fails to operate with best practices for customer service and responsible gas distribution, the company may suffer reputational damage. This would impact its brand in both the new and existing markets.

5. Political Risk – Even countries that are considered politically stable can experience political turbulence at any time. It is important for Italgas to understand the political situation and any associated risks in the new country.