Vanzetti Engineering Pursues its Growth and Focuses on Future Technologies
Alternative Cryogenic Skid Pump VT-3 Double (Image source: Vanzetti Engineering SpA)
In 2024, 70% of the company's business was centered in the Asian market, while the remaining 30% was in Europe, with a specific focus on the marine and biogas sectors. At the same time, the company maintained its presence in the automotive industry, primarily driven by after-sales services.
Marine Fuel Gas System solutions achieved greater success on the market in 2024, in particular the submerged cryogenic pumps of the ARTIKA series – a brand that is now recognised worldwide –, and the VT-3 duplex high-pressure reciprocating pumps. Vanzetti Engineering has thus been able to attain a significant market share, consolidating its leading position in the target segment.
Valeria Vanzetti Ghio, Sole Director of Vanzetti Engineering, commented:
“I am delighted to confirm that in 2024 we have again achieved all our major corporate goals. This new milestone was possible thanks to the development of the marine market, supported by long-term partnerships and solid relations with all Asian and European stakeholders, thus strengthening our international presence as a Cryogenic Pump OEM in diversified sectors. The company is investing significant resources in the development of sustainable technologies for the future, in line with its mission, in expanding design and production capabilities as well as enhancing organisation to meet future challenges, providing customers and end users with quality and reliability throughout the product lifecycle. However, Human Capital remains the true value of our company, with its ability to work in a team and adapt flexibly to customer needs”
New prospects and future projects
Despite the downturn in the automotive LNG market in Europe, which is temporarily held back by the price of liquefied natural gas due to the current geopolitical situation and the incentive policies for electric vehicles (EVs), Vanzetti Engineering is confidently looking ahead to new projects in the pipeline for 2025.
Among those expected to have a positive impact on future growth are the design of a new family of retractable pumps, which places the company in a strategic position to seize emerging opportunities in the Small Scale LNG Terminal market, as well as access to new segments of the marine dual fuel market through the strengthening of its high and low pressure pump range.
Vanzetti Engineering also aims to regain market share in the industrial gases sector, planning strategic investments for expansion into new geographical markets such as Asia, the Middle East and North America.
On the operational front, 2024 marked the completion of production capacity expansion and the launch of new test bench designs to support future product developments.
Finally, Vanzetti Engineering continues to advance its expertise in aerospace technologies. The company is increasingly specializing in cryogenic pumps for space ground segment test benches, developing solutions for next-generation green propulsion systems, and, in the long term, exploring applications for orbital services.
Source: Vanzetti Engineering S.p.A.
