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PROFIT SIGNED

Cost-effective high speed Production for Fasteners in Titanium for the automotive industry

Total Cost €

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EC-Contrib. €

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Partnership

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Project "PROFIT" data sheet

The following table provides information about the project.

Coordinator
POGGIPOLINI SRL 

Organization address
address: VIA EMILIA 262
city: SAN LAZZARO DI SAVENA BOLOGNA
postcode: 40068
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Italy [IT]
 Total cost 2˙567˙500 €
 EC max contribution 1˙797˙250 € (70%)
 Programme 1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme /SME-2
 Starting year 2016
 Duration (year-month-day) from 2016-07-01   to  2018-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    POGGIPOLINI SRL IT (SAN LAZZARO DI SAVENA BOLOGNA) coordinator 1˙797˙250.00

Mappa

 Project objective

Starting originally in 1950 with the manufacturing of titanium components for motorsports, we, POGGIPOLINI became official suppliers for the Formula One (Ferrari and McLaren) in the 80s, the aerospace industry in the 90s (Agusta helicopters) and finally the automotive industry in 2004 (Ferrari, Lamborghini, Bugatti, McLaren, Porsche and Fiat). Following a change in F1 technical regulations in 2009 limiting our production, we decided to reorient our strategy towards the aerospace and automotive industries. Today, we have become a recognized specialist in technical weight reduction solutions, critical components and structural fastening systems. With over 60 years of experience with titanium, aluminium, special alloys and composite, our full service capabilities range from engineering, R&D to system integration and final turnkey packaging using the most technological equipment and processes available. Currently, aerospace represent 40% of our business (total 2015 turnover > €11.6 million). Regarding automotive, thanks to the close relationship between the industries of motorsport and automotive, we have been able to develop a robust customer base for high end products and limited series. Nonetheless, this segment occupies only 26% of our total business. With the ProFiT project and its revolutionary manufacturing process for titanium bolts, POGGIPOLINI will move from a semi-manual production (200,000 units / €13.5 production cost) towards a mass production process (potential up to 30 million units / < €5 production cost): the subsequent price reduction (> 60%) of the titanium bolts will allow us to expand our automotive market to general cars and by doing so increase our turnover by €27 million by 2021.

 Work performed, outcomes and results:  advancements report(s) 

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The information about "PROFIT" are provided by the European Opendata Portal: CORDIS opendata.

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