Innovation and reliability are two keywords at Magaldi: these have been guidelines for technologies and products since the foundation of the company, in 1929. The entrepreneurial approach is therefore primarily focused on creation and development of new industrial technologies, originating from activities of a dedicated Research and Development (R&D) Office.
Investments in research correspond to 5-6% of the total annual turnover of the Group, with a constant trend, doubling the recommended European indication of 3% stated in the "2000 Lisbon strategy".
Over the years, Magaldi Group has registered more than 30 original patents for proprietary technologies, originating approximately 400 patent applications worldwide. Intellectual Property Rights (IPR) is considered a key factor for the competitive advantage of Magaldi.
A motivated team of experienced engineers and researchers is mandatory for the development of new technologies and products, as well as for IPR management. The R&D office reports directly to the President of the Group, in order to speed up the development and dedicate the highest attention and the appropriate resources to needs and results of R&D activities. Every researcher of the team has to balance the requested creativity for innovation with a strong sensitivity to customers and market requirements.
A recent focus of the R&D division is on renewable energy systems, including production, storage and transmission, with a main focus on solar energy.
The Group has formalized important scientific collaborations with primary public research bodies. In Italy, the most relevant partners are: University of Napoli Federico II, University of Salerno, National Research Council - CNR (Combustion Research Institute, National Institute of Optics, National Institute for Ceramic Materials). Magaldi Group is also a member of the Industrial Liaison Program of the Massachusetts Institute of Technology (MIT) and a member of Cotec, a foundation aimed at fostering Italian technological competitiveness.