Objective PRODUTECH S.r.l. is an Italian company specialized in metal sheet working machines, which counts on more than 20 years' experience in innovative machines production. With continuous innovation efforts, PRODUTECH is a notable actor on the global market with 166 customers in Europe and 22 customers outside the EU (India, North America and Far East), thanks to a worldwide distribution network. EffiCOIL represents a key business opportunity following the successful Phase 1 execution of the SME Instrument.Industrial activities are responsible for more than one fourth of the total energy consumption in Europe. In particular, the metallurgical industry is responsible for about 20% of such energy expenditure, summing up to about 51Mtoe per year. In this context, metal forming machines are used in a wide range of discrete production areas, including white goods, steel furniture, lighting and electrical equipment, automotive, etc. However, at moment, no solutions are available in the market offering a complete integration of the metal forming process, including electric punching, fibre laser cutting and direct coil feeding. With EffiCOIL project, PRODUTECH will get ready for the market launch of a new machine for metal coil working, combining the flexibility of coil metal punching – process already patented by PRODUTECH - with the precision and speed of the coil fibre laser cutting - first brought to market by PRODUTECH. The integrated technology will result in a 52% reduction in energy consumption for metal sheet production, as well as 20-30% reduction in wasted metal sheet, with a decrease in Capex and Opex versus standard metal processing machinery. The expected profitability will be high (TIR~23%). For PRODUTECH, EffiCOIL market launch will allow an optimization of the business structure, increase market area and volume, as well as the brand consolidation. Fields of science engineering and technologymechanical engineeringtribologylubricationnatural sciencescomputer and information sciencessoftwaresoftware applicationssystem softwareoperating systemsnatural sciencesearth and related environmental sciencesenvironmental sciencespollutionnatural sciencesphysical sciencesopticslaser physics Programme(s) H2020-EU.2.1.2. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies Main Programme H2020-EU.2.1.5. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing H2020-EU.2.1.3. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) SMEInst-02-2016-2017 - Accelerating the uptake of nanotechnologies advanced materials or advanced manufacturing and processing technologies by SMEs Call for proposal H2020-SMEInst-2016-2017 See other projects for this call Sub call H2020-SMEINST-2-2016-2017 Funding Scheme SME-2 - SME instrument phase 2 Coordinator PRODUTECH SRL Net EU contribution € 1 202 372,50 Address VIA TONALE 15 24061 ALBANO SANT'ALESSANDRO (BG) Italy See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Nord-Ovest Lombardia Bergamo Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 1 717 675,00