Industria Italiana | Flash Battery closes 2020 with a positive trend. Turnover grows by 5%, employment by 25%

Building on its success, the company completed the construction of its new plant and strengthened its international partnerships

Flash Battery, a company based in Emilia-Romagna and active in the production of batteries for industrial machines and electric vehicles, closed the year 2020 positively. Turnover grew by 5% and employment by 25%, bringing the company to over 60 employees. Numbers that reconfirm Flash Battery as the “best company under 40” in the Emilia-Romagna Region. In 2020 Flash Battery completed the construction of its new plant, capable of accommodating up to 150 workstations.

«Besides the increase in our workforce, the most important result for the present and future is the decision to boost our investments in research and development and in sustainability. In terms of sustainability, our products’ performance, but also our process control and use of recyclable or easily disposable materials, already put us in a leadership position and in alignment with our goal of achieving products with zero impact on the environment» comments Marco Righi, Flash Battery’s Ceo.

«This one-pointedness for sustainability has enabled us to establish those rock-solid relations in foreign markets that account for 30% of our revenues. This is especially true for France, Germany and the Benelux region, in other words, those countries where the benefits of electrification for the environment also translate into stringent anti-pollution legislation.

In 2020 we expanded and strengthened our partnerships with several Europe-based system integrators working in the electrification field, as well as with training institutes, research centres and Universities (primarily the universities of Modena and Reggio Emilia, Parma and Bologna; Milan’s Polytechnic University; and the Motorvehicle University of Emilia Romagna). These collaborations are essential, not only for developing new projects, but also for identifying talent,  mostly engineers who are at the heart of the innovation processes that enabled us to quadruple our turnover from 2016 to today».

«Our investments in research and development led to the development of over one hundred prototypes. These were in connection to various different sectors and, in particular, to the high electrification rate in construction and agriculture, which added to the continuing growth we’re seeing in industry and logistics», explains Matteo Donelli, Flash Battery Sales Director.

In 2021, we predict an expansion of business relations within these areas also thanks to the Europe-wide partnerships we are building – on the model of the recent one with Efa France – with leading electrification system design companies, to which we are offering complete packages for the transition from internal combustion engines to hybrid and full-electric systems”.