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PRIMESYST

PRecise Instrument MEtering SYSTem

Total Cost €

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EC-Contrib. €

0

Partnership

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 PRIMESYST project word cloud

Explore the words cloud of the PRIMESYST project. It provides you a very rough idea of what is the project "PRIMESYST" about.

foothold    enabled    30    48    original    manufacturing    28    conforming    sensors    75    company    generation    fluid    poor    headcount    invested    audience    hydraulics    analysed    fluids    segment    foresee    mandatory    mining    logged    flexbimec    refinement    collection    performance    internationally    return    decrease    directive    benefit    consumption    employees    500    base    global    machines    software    turnover    conformed    displayed    extends    5m    levels    tidier    timing    savings    exist    70    directives    visibility    lubricant    appealing    share    machine    market    trace    sectors    plus    metering    polluted    primesyst    simulated    inability    measuring    secure    industrial    detect    11    integration    data    23    automotive    60    mi    instruments    customer    consolidated    35    components    supreme    core    investment    maintenance    leaking    2025    reductions    flow    workplaces    italian    environments    fraudulent    line    dispensing    profit    50    handling    specialised    sales    brand    globally    boost    million   

Project "PRIMESYST" data sheet

The following table provides information about the project.

Coordinator
FLEXBIMEC INTERNATIONAL SRL 

Organization address
address: VIA ROMA 26
city: ALBINEA
postcode: 42020
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]
 Project website http://www.flexbimec.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-08-01   to  2019-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FLEXBIMEC INTERNATIONAL SRL IT (ALBINEA) coordinator 50˙000.00

Map

 Project objective

Flexbimec is a global hydraulics manufacturing company with 28 dedicated employees, 9.5M€ turnover, 2,500 strong customer base and 40 years’ experience providing Measuring Instruments (MI) for fluid metering and dispensing devices. We built a brand new line of fluids metering and dispensing equipment conforming to a mandatory MI directive aimed at the Automotive segment focusing on fluid management systems. Typical problems included increased fluid consumption and the inability to detect and trace the flow of fluid, leading to problems with fluid measurement, machine maintenance, leaking fluid and poor working environments. We increased sales by 60% and consolidated our foothold internationally. Our next product generation will boost EU sales, while appealing to a very large audience globally: PRIMESYST extends our original concept through refinement of the core components and integration of sensors and software–enabled data collection system to control and manage the flow of lubricant into any industrial activity. Data can be logged, analysed and displayed using specialised software which has been built upon an existing simulated application. New target sectors are Industrial Equipment, Mining and any other sector where fluid management systems or machines exist. End-users benefit with 50% cost savings, 75% timing reductions, access to unique data and supreme performance levels. Tidier and less polluted workplaces will result from increased visibility to maintain fluid handling machines. We foresee a 30% decrease in fraudulent activity when measuring fluids and all key directives conformed to. We will secure a 35% share of the EU Fluid Management Systems market and 70% for the Italian market by 2025, plus global sales increase by 23%. In 4 years, we expect our Return on Investment to be 1.48 per Euro invested in the Project. We expect to increase headcount by 30 and reach a €11.4 million in profit.

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

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