Euskal Forging

What Euskal Forging does

Euskal Forging is a Spain-based industrial forging manufacturer founded in 1969 and headquartered in Irura, with a workforce of 101–250 employees. The company produces forgings and seamless rolled rings up to eight metres in diameter, serving heavy industrial end-markets. Its principal commercial focus, per available market context, is the wind energy sector — both offshore and onshore — where it is positioned as one of fewer than ten global manufacturers capable of producing large-diameter main shaft bearing forgings, the second-most capacity-constrained component in the offshore wind drivetrain supply chain.

The company's core capability lies in the specialized metallurgical and forming processes required for very large-diameter forged components, which demands substantial capital investment, long qualification cycles, and compliance with standards such as IEC 61400-4-2026 for non-destructive testing. Euskal Forging's customer base spans wind turbine OEMs and the broader wind energy value chain, and its non-Chinese supplier profile aligns with announced diversification efforts by major OEMs such as Vestas. No product-level pricing, channel, or contract data is publicly available, and the company's own website returned only a verification/loading page during data collection, so detailed SKU, go-to-market, and revenue mechanics cannot be verified from primary sources.

Business model mechanics (pricing, contract structures, order book, revenue recognition) are not disclosed in the available source material. The company is privately held with no parent organization, subsidiaries, M&A history, or funding rounds documented. Investor-relevant inference is limited to market-level signals: the global Wind Power Bearing Forgings market is projected to grow from approximately US$3,620M in 2025 to US$6,850M in 2032, which provides structural tailwinds for Euskal Forging's addressable market even though company-specific growth KPIs are not observable.

Name

Euskal Forging

Website

https://euskalforging.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

101–250 employees

Short description

Euskal Forging is a Spain-based industrial forging manufacturer (founded 1969, 101–250 employees) producing large-diameter forgings and seamless rolled rings up to eight metres for wind energy and heavy industrial customers.

Ownership category

akta.pro rank

Product category

Industrial Forgings Manufacturing

NAICS

Iron and Steel Forging (332111), Forging and Stamping (3321), Custom Roll Forming (332114)

SIC

Metal Forgings & Stampings (3460), Ball & Roller Bearings (3562)

akta.pro primary industry

Wind Component Service, Repair & Refurbishment (Blades, Gearboxes, Bearings) (EUAMACAI)

Keywords

• Forged steel components
• Seamless rolled rings
• Wind turbine forgings
• Large-diameter bearing forgings
• Heavy industrial forgings

Headquarters

HQ city

Irura

HQ country

Spain

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D

Core offering

Euskal Forging is a maker of forgings and seamless rolled rings up to eight metres in diameter. The company produces critical drivetrain components, in particular large-diameter main shaft bearing forgings for offshore and onshore wind turbines, supplying one of the most capacity-constrained segments of the global wind energy supply chain.

Product overview

Unable to determine from available sources. The company website (euskalforging.com) returned a bot verification/loading page with no accessible content. The only source containing company-specific information is a market research report about the Wind Power Bearing Forgings industry, which does not specifically describe Euskal Forging's individual product portfolio or service offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• Forgings Industrial forgings manufactured by Euskal Forging for heavy industrial applications; the company's foundational product line since 1969.
• Seamless rolled rings (up to 8 metres diameter) Seamless rolled rings produced up to eight metres in diameter, serving heavy industrial applications including wind turbine drivetrains.
• Large-diameter main shaft bearing forgings for wind turbines Large-diameter main shaft bearing forgings used as critical drivetrain components in offshore and onshore wind turbines; supplied by Euskal Forging as one of fewer than 10 global manufacturers with the capability to produce these components.

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Direct peers

• Ellwood Group: US-based producer of large steel forgings and castings serving energy, industrial, and heavy equipment markets. Comparable to Euskal Forging in process capability, end-market focus, and customer profile.
• Ovako: Swedish specialty steel and forging producer with strong presence in bearing steel and large-diameter forged rings for industrial and wind energy applications. Directly comparable to Euskal Forging in metallurgy, ring forging capability, and wind energy customer exposure.
• Cogne Acciai Speciali: Italian specialty steelmaker with significant forging operations supplying bearing and industrial markets in Europe. Comparable to Euskal Forging as a European specialist with bearing-grade forging capability.
• Bharat Forge: India-based global forging leader producing large-diameter components for energy, oil & gas, and industrial markets. Comparable to Euskal Forging in scale, forging process expertise, and energy sector customer overlap.
• Japan Steel Works: One of the world's largest producers of large steel forgings and seamless rolled rings for energy, marine, and industrial markets. Highly comparable to Euskal Forging as a fellow global large-diameter forging specialist serving demanding industrial customers.
• Scot Forge: US-based custom open-die and seamless rolled ring forger producing large-diameter components for power generation, wind, and heavy industrial customers. Directly comparable to Euskal Forging in rolled ring product category and large-format forging capability.
• China First Heavy Industries (CFHI): One of China's largest producers of heavy forgings including large-diameter rings and shafts for power generation, marine, and industrial markets. Comparable to Euskal Forging as a fellow large-format forging specialist, though serving different geographies.
• Lehigh Heavy Forge: US producer of large custom steel forgings and rolled rings for power generation, wind, and industrial applications. Directly comparable to Euskal Forging in large-diameter ring forging and energy market exposure.
• Forgital Italy: Italian manufacturer of large seamless rolled rings and open-die forgings for energy, aerospace, and heavy industrial markets. Directly comparable to Euskal Forging in product, scale, and European customer base.

Broad incumbents

• ThyssenKrupp Forged Technologies: Division of ThyssenKrupp producing large-diameter forged rings and seamless rolled rings for wind, marine, and industrial applications. Comparable to Euskal Forging as a large industrial incumbent in the same product category.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Euskal Forging