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Premo



Company: Premo Group, with more than 45 experience years, is the main Spanish inductive components manufacturer, one of three main Spanish electronic components exporters and they are a world leader in low frequency RFID antennas. They are consolidated in a managerial holding structure which will allow a better access to capital markets to finance its expansion focused on automotive, renewable energies and railways markets.

History: In 1962 Premo, S.A. was founded as a company to develop and manufacture TV sets and the inductive components needed for them. Eight years later however, Premo abandoned the production of TV sets and specialized steadily into what was going to be the core business of the whole group: export oriented inductive components development and manufacturing. Premo's first foreign sales office was established in 1982 in France. As from 1981 Premo was split into various spin-off companies, all specialized in a different segment of the inductive components sector. The following companies were formed:

-Premium, S.A. (L´Hospitalet de LLobregat - Barcelona, 1981: power supplies)

-Predan, S.A. (Málaga, 1989: RFID Components)

-Nuctor, S.A. (L´Hospitalet de LLobregat - Barcelona, 1989)

-Powertransfo, S.A. (L´Hospitalet de LLobregat Barcelona, 1991: power transformers and systems)

-Prefilter, S.A. (L´Hospitalet de LLobregat Barcelona, 1991:RFI powerline filters).

A new milestone was reached when a new large R&D and manufacturing plant was opened in 1995 in the Andalusia Technological Park (Málaga, Spain) for RFID components. Under the Predan brand name, RFID component sales experimented a true boom, becoming the leading product in sales of the Premo Group. In 1999 overseas expansion started with the establishment of sales offices in the United States. At this moment the Premo Group is represented in six states by three commercial organizations.

However, it was not before 2001 that the Premo Group could call itself a true multinational company. A long cherished wish came than into fulfillment with the festive opening of a new manufacturing plant in Wuxi, a town near Shanghai in China. It is now by far the largest manufacturing plant of the Premo Group, with 254 employees among whom 8 R&D engineers. The bulk of Premo products are now produced in this plant in China.

Together with the opening of the China plant it was felt that the different companies forming part of the Premo Group should market and sell their products under one and the same brand name, though organically and management wise they would stay independent. By virtue of this desire, a new corporate image was developed with a modern version of the Premo logo and taking the red from the original Premo, S.A. colours. The Internet portal which you are now visiting carries the new Premo Group corporate image. The mother company Premo, Predan and Powertransfo (Inductive components, RFID Components and Powertransformers and Sytems) sell under the new corporate image, while Prefilter (RFI Powerline filters) also sells under its own brand name. The remaining companies Nuctor and Premium have not decided yet.

In 2004, the Premo Group added a new range of products to its catalogue: PLC Products. They consist of inductors, transformers, control instruments and other devices especially meant for data transmission through the public electricity network. This is a very promising business as telecom costs may come down considerably, as well as transmission speed increases massively if one can avoid traditional telecom networks. PLC products developement and manufacturing will be located in the Málaga plant.

In 2006 new manufaturing plant was open in Tangier.

In 2008 PREMO is consolidated like a holding and a worldwide leading manufacturer in inductive components.

It opens a new development center in Grenoble (France)to develop tecnology for avionic sector.Two production plant were closed;the plant in Wuxi (first plant oppened)and the Tangier plant. To support the Japanesse growing market,Premo decide to open a nex office in tokyo(Japan)

A new manufacture plant was oppened in Tangier (Morocco),focus on the manufacturing of EMC,IC,RFID tecnologyc and Toroidal Transformers.The plant has 4200sqm,and 350m (office)with 205 employees.The automotive production lines has the certificate ISO9001:2000. Premo implanted SAP Sistem,in the company and became an Internacional Spanish PYME pioneer in the implementation of this kind of sistem.This enable to work in real time in the Tangier ,Malaga,centers besides giving direct access to the global sales network.

Locations

Premo group is a global company with five locations around the world. The headquarter is located in Barcelona (Spain) and is the design center of Inductive components (planar technology) and EMI filters. The second R&D center is located in Grenoble (France). PREMO France develops avionics technologies. The three manufacturing center are located in Málaga, Wuxi and Tangier. Automotive RFID product are manufactured in Málaga (Spain) and it has an own samples laboratory. Tangier plant production is focus on RFID, EMC, inductive and toroidal transformer. Wuxi, largest manufacturing plant of PREMO group, is a fully functional organization involving in design,manufacture high quality inductive, RFID, EMC, and PLC components.

Key markets

Premo group has a worldwide sales network in expansion and we are present in the main markets of NAFTA, USA, Europe and Asia-Pacific, the largest customer in China, Japan and Korea. 70% of the Premo Group revenues come from foreign markets. Sectors segmentation: The company´s products are used in wide variety of applications and sectors.The most significant application sectors are:

-Automotive:28%

-Measurement:14%

-Professional electronic:13%

-telecomunications:12%

-Ups:10%

-Reneweable:6%

-Elevators:4%

-Others:2%

-Railway:1%

PREMO´S Mission Supporting customer’s engineers and achieve global customer’s satisfaction by means of designing, manufacturing and delivering added value products and services based on inductive components know-how”

PREMO´S Vision To be one of the leaders on inductive components with focus on attractive global market niches and core industries in Europe.

internal Links:

Official website: http://www.grupopremo.com/in

China website: http://www.premochina.com/

France website: http://www.grupopremo.com/fr

Spain website: http://www.grupopremo.com/es

Product Catalogue: http://www.grupopremo.com/es/technology/

Corporative news: http://www.grupopremo.com/es/news/2009

PREMO worldwide: http://www.grupopremo.com/es/world/

external links

Spanish Association of Electronics and Informatics Exporters: http://www.secartys.org/

Fundación LACE (Test laboratory): http://www.funlace.com/

Elektor (electronics worlwide magazine): http://www.elektor-electronics.co.uk/

Association of Companies of Technologies of the Information and Communications of Spain: http://www.aetic.es/

Empresa Exterior (Economic Journal about Internacional Business): http://www.empresaexterior.com/

Electronic & Communications Magazine: http://www.cypsela.es/

Convertronic (Magazine for electronic market professionals): http://www.convertronic.net/

Tecnonews (Technology web): http://www.tecnonews.info/

Information of Technology Foundation: http://www.fti.es/

RFID-Spain (Professional web about RFID): http://www.rfid-spain.com/

IDE (Information about container and packing): http://www.ide-e.com/

RFID Magazine: http://www.rfid-magazine.com/

PLC forum: Association that represents interests of manufacturers, energy utilities and other organisations: http://www.plcforum.org/

UB Centre for the Transfer of Knowledge, Technology and Innovation: http://www.fbg.ub.es/

Centro de Estudios y Asesoramiento Metalúrgico: http://www.ceam-metal.es

Energetica21 (Power Generation Magazine): http://www.energetica21.com/

AEBALL-UPMBALL, Business Asociation of L' Hospitalet and bajo Llobregat: http://www.aeball.net