effmag

OUR VISION

Develop and market world’s most energy efficient billet heaters for global aluminum extrusion companies, enabling customers to benefit from cleantech solution in their extrusion process.

effmag

OUR STORY

Effmag Ltd. was founded in late 2009 in order to commercialize Ph.D. Pekka Suominen’s innovations. After extensive 4-years, multi-million euros R&D phase company launched its first product – Permanent Magnet Induction Heater – on 2013. On 2015 company extended its product line by introducing the Conduction Heater.
Effmag’s innovative technologies have attracted numerous esteem investors, notably Newentures Ltd., Aloitusrahasto Vera Ltd., HK Redstone Technology Investment Co., Ltd. and Finnish business angels.

effmag

OUR BUSINESS

Effmag’s business model is to license its technologies to selected partners who manufacture and market company’s products in the particular markets. Company also markets products thru distributor in Japan and has a sales agent in Korea.