EuroGroup Laminations (EGLA) traces its origins back to 1967 with Eurotranciatura, the Italian top player in magnetic steel lamination stamping. The company later merged with Corrada, a key producer of stamping tools, leading to the founding of EuroGroup Laminations in 1987. Over the years, the company has experienced steady growth, evolving into a global force. In these pages our interview with Axel Dill, CEO Industrial Business Unit, EGLA.
What topicality has your expansion brought you to?
Today, we process over 450,000 tons of magnetic steel annually, making us the world’s largest user of magnetic steel. To achieve this scale, we expanded our global presence by establishing plants in Mexico, the USA, Tunisia, China, and India, while also entering the EV market. This combination of strategic growth and innovation has been the cornerstone of our success.
How do you differentiate yourself in terms of technology and innovation?
EuroGroup Laminations is a lamination company with production facilities across four continents. With fifteen production plants, we serve over 500 clients in diverse sectors, including automotive, pumps, industrial motors, logistics, generators, home appliances, automation, trains, elevators and transformers. Our unique advantage lies in having toolmaking and automation companies within the group. This allows us to offer tailored technologies and the best solutions, both commercially and technologically. From co-designing with clients and prototyping to producing a full range of diameters up to 1250mm, we deliver comprehensive support and innovation at every stage.
How does EGLA see the evolution of the electric motor market in the next 5-10 years?
The question of the future of the electric motor market isn’t just about the direction, it’s about the pace and the conditions under which this growth will happen. The overall trend is clear: the market is set to grow significantly, which is undoubtedly positive for EuroGroup Laminations, given our presence across all electric motor sectors. This growth is driven by decarbonization, the search for a better standard of living, and the focus on total cost of ownership, with efficiency being crucial. According to the IEA, energy intensity must double by 2030 to meet Net Zero goals, with electric motors playing a key role.
What is the strong focus?
We see it on improving motor efficiency and sustainability, with a shift towards reducing rare-earth materials contained in permanent magnet (PM) motors. Alternatives like ferritic magnets, asynchronous, reluctance, and externally excited synchronous motors are gaining traction. As electric motors have a high energy footprint, innovation will be driven by regional regulations, market conditions, and the demand for more sustainable solutions.
What are, in your view, the main challenges the sector is facing?
The electric motor sector is becoming more dynamic, with external factors like raw material prices, import duties, and energy costs reshaping the market. One key challenge is affordability and the Total Cost of Ownership, which must improve to enable mass-market adoption while maintaining high product quality. At the same time, decarbonization remains a major priority, requiring greater efficiency to lower both costs and the CO2 footprint. Sustainability across the supply chain—from raw material extraction to logistics—is essential. For us, as a stamping company, these challenges involve managing costs, developing advanced technologies, maintaining global quality control, and optimizing the supply chain. The success of electric motors also depends on the availability and cost of key raw materials like copper, lithium, and nickel, as well as innovations for a sustainable supply chain. Geopolitical factors and the availability of energy and green materials are crucial for progress. Overcoming these challenges will require a collective effort from partners, suppliers, customers, and academia. Through collaboration and innovation, we will drive the development of more efficient, lower-energy motors while reducing the industry’s CO2 footprint.
What are the technological trends driving the development of electric motors?
Advances in electric steel, such as improvements to 3.5% Si steel and research into alternative materials, are driving higher efficiency and lower CO2 footprints.
We are also a pioneer in assembly technology. In addition, the assembly technology plays a key role in efficiency improvement and EGLA has been a central player in pushing the boundaries. Through our subsidiary Corrada, we ensure high stamping quality for all applications. We focus on sustainability with projects like Si Green and use Euro-Automation to monitor CO2 emissions and reduce waste. Our subsidiary DS4 is advancing automation to streamline production, ensuring we stay at the forefront of innovation, efficiency, and sustainability.
Are you working on any particularly innovative projects?
Many! Our efforts are focused on raw materials, assembly technologies, waste and energy reduction, and production efficiency. While we can’t share specific details at this time, we are -very active in these areas.
Beyond technological advancements, we are also expanding our international R&D presence. We believe innovation should happen close to our customers and the markets we serve, ensuring solutions are tailored to their unique needs and challenges.
What strategies do you adopt to reduce the environmental impact of your production process?
EuroGroup Laminations is committed to reducing its greenhouse gas emissions in line with international standards and the expectations of our value chain partners. We are actively working to meet the targets set by the United Nations Framework Convention on Climate Change, the Kyoto Protocol, the Paris Agreements, and the GHG Protocol. We focus on three areas: reducing direct emissions from our sites (Scope 1), cutting indirect emissions from purchased electricity (Scope 2), and addressing emissions from our supply chain (Scope 3), which is the largest source. We work closely with suppliers and partners to improve these emissions. Additionally, we focus on reducing waste and water consumption across operations. Our sustainability efforts extend beyond environmental concerns, with strong ambitions in the Social and Governance areas to create a holistic approach to business.
Where do you see EGLA in 10 years?
In 10 years, we envision EuroGroup Laminations as a strategic partner to major international players, maintaining leadership across the sectors we serve. Our focus will be on higher-value-added productions, including die-casting, magnet insertion, and rotor shaft assemblies. We expect significant volume growth, particularly in the Asian market, as we continue to expand our global presence and technological capabilities.
by Lara Morandotti
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