About us – Who we are

Company

We are a global leader in high-power converters and solutions for hydrogen production

FRIEM has been operating in the global power converter market with expertise and reliability for over 70 years. We have a long history of passionate entrepreneurship and innovation.

In 1950, Angelo Pagliai, endowed with a tenacious entrepreneurial attitude, laid the foundation of FRIEM (acronym for Fabbrica Raddrizzatori Impianti Elettrici Milanese). The company designs and manufactures high-power converters for the electrochemical and metal refining industries.
In over 70 years, our industrial know-how has grown alongside our experience, reliability and technological innovation.
Today, with extensive experience in chlor-alkali applications, we produce high-quality converters for electrolytic hydrogen production processes.

Our history

From 1950

Green hydrogen

Our role is pivotal in the energy transition: we provide efficient and reliable solutions to sustain green hydrogen production

Providing efficient and modular solutions, FRIEM is the perfect partner to sustain hydrogen production through electrolysis for large-scale power plants. We also play a central role in the green hydrogen supply chain and serve as a bridge between renewable energy sources and end-users in both Power-to-Gas and Gas-to-Power processes.

The past embraces the change: from 1950 to 2050

Enhancing experience, reputation and technological know-how, the third generation of the shareholders, who even hold managerial roles, presently lead with the support of Fondo Italiano d’Investimento SGR – an industrial group rooted in tradition while embracing innovation.
In April 2022, Fondo Italiano d’Investimento SGR entered FRIEM’s capital through FITEC (Fondo Italiano Tecnologia e Crescita) with a minority share.

FRIEM grafico chi siamo

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.

FRIEM grafico chi siamo

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.

Mission, vision and values

We are a global leader in high-power rectifiers production for heavy industries

As a global leader in power converters, our investment policy reflects our unwavering focus on this core business. We provid_e reliable, efficient, and tailored solutions that foster long-lasting partnerships with our customers.

Our group

FRIEM is an international group with offices, workshops and representatives across five continents

Our headquarters is in Segrate, Milan, where we occupy an industrial area of 11,000 square metres covering a surface area of approximately 11,000 m2, of which 4,000 m2 are dedicated to the production plant and over 2,000 m2 include modern offices and laboratories dedicated to design, research and development activities.
With an extensive network of local partners and subsidiaries, we are close to you, wherever you are.

Service Centres

Milan
Columbus
Sao Paulo
Jakarta
New Delhi

Lima
Santiago
Adelaide
Dammam
Bonn

Our Locations

Chicago
Sao Paulo
Jakarta
Santiago
Bonn

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FRIEM – Company Profile

We have been converting energy since 1950

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