About Us

FRIEM, for over 70 years

expertise and reliability in the global electric energy converter market.
In 1950 Mr. Angelo Pagliai endowed with tenacious entrepreneurial attitude, laid the foundation of FRIEM. Enhancing experience, reputation and know-how, today the third generation of the shareholders, who wear even the role of managers, is going to organize an industrial group that is intended to evolve with continuity into its own history.
Fondo Italiano d’Investimento SGR, has recently entered FRIEM’s capital through FITEC, with a minority share.

70

YEARS OF EXPERIENCE
IN ENERGY CONVERSION

Fitec

FITEC is a tech growth fund managed by Fondo Italiano d’Investimento SGR,

created on the initiative of the Italian Ministry of Economy and Finance

 and owned by CDP Equity.

It made its first closing in September 2017 with Cassa Depositi e Prestiti as its Cornerstone Investor. Today it manages € 133 million and invests in small and medium-sized innovative Italian tech companies with revenue between € 5 and € 70 million to support their growth, product development and commercial competitiveness

Our industrial mission,

as well as the investment policy, is focused on our historical core business: the power converters.

Being one of the 4 worldwide players concerning our sector, the international leadership characterizes the diversification of the leading business.

Today in fact, FRIEM Group, throught the affiliated company F&F, provides the market with products and solution for the renewable energies (energy storage). Moreover, with the subsidiary Eyes, serves the sustainable mobility market with EV charging systems and vehicles electrification.

Young for over 70 years

A long history of passion and innovation, which combined with creativity and technology, contributes to creating value and enriching a project.

1950 The beginning
1964 A chemical industry
1970 Electric Mobility
1984 Power supply for polysilicon production
1988 Change on top
2005 New partnerships, new headquarter
2010 Towards the energy transition
2021 The green hydrogen challenge
2022 CDP became shareholder of FRIEM

The green hydrogen challenge needs our commitment

With efficient and modular solutions, FRIEM is the right partner to sustain the hydrogen production through electrolysis. With a central role in the Hydrogen supply chain between the natural resources’ management and the end users, both in the process Power to Gas and Gas to Power.

Today FRIEM

Keeps its headquarters in Segrate (Milan). The industrial area of 11 thousand sqm, hosts more than 100 workers. Moreover, the company counts on workshops and representatives in 27 countries across the 5 continents, beyond two subsidiaries in USA (FRIEM America Inc.), Brasil (FRIEM LATAM Eireli) and a commercial office in Indonesia.

FRIEM Group