Alfa Klima is the only Serbian company which has been producing heat pump systems for 20 years – everyone else merely assembles imported components. So far, it has realized over 3,000 installations. Alfa Klima's operations have been innovative since the company's founding. Several new solutions are sold in the world, primarily through Emerson Climate Technology, the biggest producer and distributor of heat pump components in the world.
PropSafe heat pumps are produced at Alfa Klima per order for large clients (factories, hotels, restaurants, hypermarkets) since 2018. Thanks to this innovation, Alfa Klima increased its total revenues in 2018 by 26%, and the orders received for 2019 point to an even higher growth.
With the support of the Innovation Fund of the Republic of Serbia, the serial production for households and smaller commercial clients is expected to start in late 2019 and reach its full capacity by the end of 2020. With this production, Alfa Klima's income will increase four times.
The income from the PropSafe technology is expected to grow exponentially after 2020, when the income from the licensing of the PropSafe solution to other European producers is expected to start coming in. In Europe, around 1.2 million heat pumps are installed a year. By capturing only 1% of that market through licensing, Alfa Klima secures a long-term stable income which it will put into new innovations.
If the PropSafe heat pump is your investment of the year favorite, you can vote for it at Aurea's official website