articles link to it . please introduce links to this page from related articles ; try the find link tool for suggestions . may 2014 motovario s.p.a. is an italian manufacturing company of power transmission components for civil and industrial applications . motovario s.p.a. type public company industry engineering founded 1965 founder giancarlo raguzzoni headquarters via quattro passi 1 3 formigine italy products mechanical speed variators gear reducers electric motors motoinverters subsidiaries italy germany france spain united kingdom denmark usa china india website motovario group.com contents 1 history 1.1 milestones 1 1.2 figures 2 external links 3 references history edit motovario was founded in 1965 by giancarlo raguzzoni in formigine in the heart of modena industrial district . motovario specializes in the production of mechanical speed variators helical and helical bevel gear reducers shaft mounted worm gear reducers electric motors and motoinverters . milestones 1 edit in 1996 the first subsidiary motovario scandinavia s a in denmark . in 1997 the second branch is opened in the u.s. motovario corporation in alpharetta georgia . in 1998 acquisition of spaggiari transmissioni a leading italian company in the mechanical sector . the third subsidiary is opened motovario limited in birmingham united kingdom . in 1999 motovario gmbh is founded in germany . in 2001 the spanish and french branches open respectively in barcelona and lyon . 2 in 2006 motovario power transmission is established in shanghai china . 3 in 2006 motovario is taken over by the italian investment fund synergo sgr 4 to manage the company s development and support its growth worldwide . in 2011 the most recent subsidiary is founded in kolkata india motovario gear solutions private limited . in late 2015 motovario s.p.a. was acquired by teco electric & machinery co for 186 million euros . 5 figures edit the main production work is carried out in the establishments of formigine and ubersetto with 50.000 square meters of facilities and a staff of around 400 . there are 170 numerical control machines served by lgv laser guided vehicle lines and a whole division is dedicated to the thermal treatment that works 24h a days 7 days a week . an entire department is dedicated to r & d research and development with a test laboratory and a semi anechoic cell specific for nvh noise vibration harshness tests . more than 200 employees work in branches all over the world . over 30 mac motovario assembly centre specialized assembly centers authorized and certificated by motovario operate in many countries italy australia belgium bulgaria china south korea finland france india ireland israel lithuania netherlands poland portugal united kingdom spain united states sweden turkey ukraine . external links edit official site references edit gode takter i norditalien jern og maskinindustrien . jernindustri.dk . retrieved 2014 02 03 . motovario si sposta in francia emilia finanza italiaoggi . italiaoggi.it . retrieved 2014 02 03 . bs scommette sulla cina per il futuro di motovario mercati globali milano finanza . libero.milanofinanza.it . retrieved 2014 02 03 . synergo scans italian market for pocket multinationals . investment europe . 2012 09 12 . retrieved 2014 02 03 . teco s motovario acquisition aimed at system products taipei times . www.taipeitimes.com . retrieved 2016 01 18 . retrieved from https en.wikipedia.org w index.php title motovario & oldid 704909338 categories manufacturing companies of italyhidden categories orphaned articles from may 2014all orphaned articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages italiano edit links this page was last modified on 14 february 2016 at 10 13 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view