Covis

What Covis does

Covis Group is an Italian privately held precision engineering group founded in 1994 and headquartered in Carrè, Vicenza. It operates four production facilities in northeastern Italy (Carrè, Asigliano Veneto, Sedegliano, and Piedimulera) and provides integrated services spanning precision mechanical machining (CNC turning, milling, grinding, gear cutting on multitasking machines), structural welding and wear-resistant overlays (GTAW/TIG, GMAW/MIG-MAG, FCAW, SMAW, SAW, including hot-wire processes), waterjet cutting up to 7,000 bar, and certified non-destructive testing (UT, LP, MPI, visual, PMI). Component sizes range from sub-meter to 14,000mm diameter / 20,000mm length through its NR Covis subsidiary, with materials worked including carbon/stainless steels, Inconel, and duplex/super duplex alloys.

The group serves six industrial verticals — Oil & Gas (primary), Energy, Petrochemical, Pharmaceutical, Naval, and Mechanical — under a turnkey supply model in which a dedicated project manager coordinates the full production cycle from raw material procurement through machining, special processes, NDT, and delivery. The business operates on a quote-based, project-by-project pricing model with raw-material pass-through clauses and is positioned as a single-source supplier to enterprise clients in highly regulated industries. Revenue is generated through one-time project contracts, managed turnkey services, and consumables (garnet abrasives via Covistone), with no recurring SaaS or licensing component. The group has expanded organically and via M&A, integrating MV Meccanica Vicentina (2014), Peresan Welding Solutions JV (2016), NR Covis Srl (2021, formerly Nugo Romano), and Dalmon Water Solutions (2021), and re-branded all entities under a unified Covis Group identity in February 2022.

Name

Covis

Legal name

Covis Srl

Website

https://covis.it

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

101–250 employees

Short description

Covis Group is an Italian privately held precision engineering firm providing CNC machining, advanced welding, waterjet cutting, and certified NDT services for Oil & Gas, energy, petrochemical, pharmaceutical, naval, and mechanical sector enterprise clients.

Ownership category

akta.pro rank

Product category

Precision Engineering and Contract Manufacturing

NAICS

Plate Work and Fabricated Structural Product Manufacturing (33231), Other Fabricated Metal Product Manufacturing (3329), All Other Industrial Machinery Manufacturing (333248)

SIC

Fabricated Structural Metal Products (3440), Fabricated Plate Work (Boiler Shops) (3443), Metalworkg Machinery & Equipment (3540)

akta.pro primary industry

Steelwork & Fabrication Facilities (Plate/Section Processing, Welding Lines) (IMAJALAH)

Keywords

• Precision mechanical machining
• Industrial welding services
• Wear-resistant overlays
• Non-destructive testing
• Turnkey industrial supply

Headquarters

HQ city

Vicenza

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Precision Mechanical Machining Services: Custom mechanical machining services on a per-project basis, producing precision components to customer drawings. Production is personalized based on qualitative and quantitative requirements and product application. Components range from small/medium (up to 1m diameter) to large (up to 2.5m diameter). Additional capacity available through NR Covis for components up to 14,000mm diameter and 20,000mm length, turning up to 250 tonnes.
2. Welding Services (Structural & Overlays): Structural welding and wear-resistant overlay (riporti di saldatura) services performed in-house through Peresan Welding Solutions. Covers various industrial sectors including Oil & Gas, steel, and mining for critical equipment protection and life extension.
3. Turnkey Supply: Full turnkey supply service managing the entire production cycle from raw material procurement through to delivery of finished product. Includes material selection, machining to drawing, special processes, final testing with certifying bodies, and delivery. Materials sourced from selected European (primarily Italian) suppliers with full traceability.
4. Garnet Abrasive & Waterjet Products (Covistone): Covistone division commercializes garnet abrasive sand for sandblasting and waterjet cutting, waterjet spare parts (focusers, orifices, high-pressure tubes, fittings), and manages waste material disposal including chemical/physical analysis, transport, certification, and paperwork.
5. Large Component Machining (NR Covis): Large-scale mechanical machining services through NR Covis Srl (formerly Nugo Romano), including turning up to 250 tonnes, electrowelded structures up to 200 tonnes, special material machining, and heat treatments (stress relief, annealing, sandblasting, and painting).
6. Refurbishment & Revamping: Restoration and upgrading services for mechanical components, returning worn parts to full operational condition and extending equipment lifespan.
7. Project Management: Dedicated project manager assigned to each contract to monitor progress, ensure product requirements and objectives are met, coordinate with client inspectors and third-party agencies, and guarantee lead time, cost, quality, and safety compliance.
8. Quality Control & Inspection Services: Quality control and non-destructive testing services, including dimensional controls, NDT (UT, LP, MPI, visual, PMI), conducted according to test plans, including in presence of client inspectors and certification bodies. UNI EN ISO 9001:2015 certified quality management system.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Covis supplies custom-manufactured precision components and welded assemblies for industrial customers, producing parts to client drawings through CNC mechanical machining, structural and overlay welding (including GTAW hot wire), waterjet cutting and certified non-destructive testing. It additionally manages end-to-end turnkey supply, from raw material sourcing through European suppliers to delivery, plus refurbishment/revamping of worn mechanical components, primarily serving Oil & Gas, energy, petrochemical, pharmaceutical, naval, steel, and general mechanical industry customers.

Product overview

Covis Group is a precision engineering and manufacturing company offering a portfolio of integrated services centered on welding and precision mechanical machining. The core offerings include Welding Services (structural welding, cladding, and overlays), Mechanical Machining (CNC turning, milling, and multitasking operations), Turnkey Supply (complete production cycle management), Refurbishment & Revamping, Quality Control (including NDT testing), and Project Management. The group operates through its main entity Covis Srl plus four subsidiaries: Peresan Welding Solutions (specialized welding joint venture), Covistone (garnet abrasive products division), Dalmon Water Solutions (water treatment systems), and NR Covis Srl (large-scale component machining). All entities are unified under the Covis Group brand identity. Materials worked with include carbon and stainless steels, nickel alloys (Inconel), duplex and super duplex, and other special alloys, primarily serving Oil & Gas, Energy, Petrochemical, Pharmaceutical, Naval, and Mechanical industry sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Welding Services Custom welding services including structural welding and cladding (placcature) using GTAW/TIG, GMAW/MIG-MAG, FCAW, SMAW, and SAW wire/strip processes for industrial clients across Oil & Gas, energy, petrochemical, pharmaceutical, naval, and mechanical sectors. Includes both joint welding and wear- and corrosion-resistant overlay welding.
• Precision Mechanical Machining Custom CNC mechanical machining on multitasking machines, producing precision components to client drawings in materials including carbon and stainless steels, Inconel, Duplex, Super Duplex, and other special alloys. Component sizes range from small/medium (up to 1m diameter) to large (up to 2.5m diameter) through the main Covis facility.
• Turnkey Supply Full-cycle production management from raw material procurement through qualified European (primarily Italian) suppliers, precision machining to drawing, special processes, final testing alongside client inspectors and certification bodies, through finished product delivery with full traceability.
• Refurbishment and Revamping Restoration and modernization service for worn mechanical components affected by wear, returning components to full operational condition and extending equipment lifespan while reducing maintenance costs and preventing unexpected failures.
• Quality Control and Inspection Services Certified non-destructive testing (UT, LP, MPI, Visual, PMI) and dimensional measurement using FARO Pivotal Measuring Arms, Laser Tracker, and DEA-IOTA P 3D measuring machines, performed by EN 9712:2012 and SNT-TC-1A certified operators under UNI EN ISO 9001:2015 quality management.
• Covistone Garnet Abrasive and Waterjet Products Distribution of garnet abrasive sand for waterjet cutting and sandblasting, waterjet spare parts (focusers, orifices, high-pressure tubes, fittings), waterjet cutting services using ultra-high-pressure water up to 7,000 bar with or without abrasives, and waste material disposal (chemical/physical analysis, transport, certification).
• Peresan Welding Solutions Specialized high-level welding services including structural welding, carpentry, refurbishment, wear-resistant overlays, and non-destructive testing research for Oil & Gas, petrochemical, energy, steel, and mining sectors. Operates as the group's center of excellence for welding.
• Dalmon Water Solutions Design and construction of wastewater treatment and purification plants, broadening the group's environmental and water-treatment capabilities beyond the core mechanical and welding offering.
• Large Component Machining (NR Covis) Large-scale mechanical component machining including turning up to 250 tonnes, components up to 14,000mm diameter and 20,000mm length, electrowelded structures up to 200 tonnes, special material machining, and heat treatments (stress relief, annealing, sandblasting, painting) inherited from the Nugo Romano legacy.

Quantifiable outcome

• Components machined to tolerances of a few hundredths of a millimeter
• +2 more outcomes

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Six partnerships are on record, tiered core and minor.

• NR Covis Srl (formerly Nugo Romano)coreStrategic or Co-development Partner · 1 June 2021NR Covis Srl, which inherits the legacy of Nugo Romano (founded in 1968), was acquired by Covis Group in June 2021. Specializing in large-scale mechanical machining of components up to 14,000mm diameter and 20,000mm length, with turning capacity up to 250 tonnes and electrowelded structures up to 200 tonnes. The acquisition completes the group's range of capabilities in terms of sizes and types of machinable components.
• Dalmon Water Solutions SrlminorStrategic or Co-development Partner · 1 February 2021Founded in February 2021, Dalmon Water Solutions Srl specializes in the design and construction of wastewater treatment and purification plants, leveraging experience from pioneer Dalmon dating back to 1978. It broadens the group's environmental and water treatment capabilities.
• ITA - Italian Trade AgencyminorGTM or Marketing Partner · 1 January 2017The Italian Trade Agency (ITA - Istituto Italiano per il Commercio Estero) facilitated Covis's participation at ADIPEC 2017 in Abu Dhabi, with Covis present at stand #1430. ITA also supported Covis's participation at OTC 2018 in Houston (stand 8243-D, Hall D, NRG Arena).
• Peresan Welding Solutions SrlcoreStrategic or Co-development Partner · 1 January 2016Covis Srl, together with Peresan (an company with 30 years of experience in special welding), founded Peresan Welding Solutions Srl in 2016. The company specializes in high-level special welding services including structural welding, refurbishment, wear-resistant overlays, and non-destructive testing. Peresan Welding Solutions operates as the group's welding center of excellence, managing both structural welds and overlay welding for critical equipment in Oil & Gas, steel, and mining sectors.
• CovistonecoreOthers · 1 January 2016Covistone is the in-house division specializing in commercializing garnet abrasive products for waterjet cutting and sandblasting, waterjet spare parts (focusers, orifices, high-pressure tubes, fittings), and waste material disposal services. Established in 2004 as part of Covis Group, it acts as a direct importer of garnet abrasive and provides comprehensive waterjet support services.
• MV Meccanica VicentinaminorStrategic or Co-development Partner · 1 January 2014MV Meccanica Vicentina, an established company from Cagnano di Pojana Maggiore with over 20 years of experience in precision mechanical machining, was merged into Covis in 2014. This merger extended Covis's production capacity and led to the decision to build new operational facilities. The Cagnano facility was relocated to a new plant in Asigliano Veneto in 2015.

Scale indicators6 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Castolin Eutectic: Specialist in wear protection, welding overlay technologies, and repair solutions for industrial components. Comparable to Covis's Peresan Welding Solutions overlay capabilities (GTAW hot wire, GMAW, FCAW) for extending equipment life in mining, steel, and energy.
• Bonatti: Italian-based international oil & gas and energy EPC contractor providing welding, fabrication, and pipeline construction services. Comparable in serving oil & gas customers with end-to-end mechanical and welding scope across onshore and offshore projects.
• Mersen: Global supplier of wear-resistant components, anti-corrosion solutions, and industrial equipment parts. Directly comparable to Covis's welding overlay and refurbishment services for harsh-service environments in oil & gas, chemical, and energy.
• Walter Tosto: Italian heavy fabrication specialist serving oil & gas, petrochemical, and power generation with pressure vessels, reactors, and large welded structures. Directly comparable to Covis's structural welding, plate work, and turnkey supply model for industrial customers.
• Frigerio Carpenterie: Italian precision mechanical machining and structural fabrication company serving industrial clients. Comparable to Covis in offering integrated machining and welding services with quality certifications for demanding industrial sectors.
• Brugg Rohrsysteme: Swiss precision pipe systems and welded steel fabrication specialist serving district heating, oil & gas, and chemical markets. Comparable in advanced welding capabilities (including overlay and cladding) and certified quality management for industrial pressure equipment.

Broad incumbents

• Tenova: Italian-headquartered broad industrial solutions provider for metals, mining, and energy with engineered equipment, furnaces, and turnkey plant capabilities. Comparable in turnkey industrial supply model but operates at significantly larger scale across broader technology portfolio.
• Saipem: Major Italian-headquartered oil & gas engineering, drilling, and construction services company. Operates at massive scale across oil & gas fabrication, offshore structures, and pipeline welding — overlapping with Covis's subsea, surface, and offshore welding capabilities.
• Lincoln Electric: Global leader in welding products, equipment, and welding services for industrial fabrication. Comparable to Covis's welding capabilities (GTAW, GMAW, FCAW, SAW) and overlay technologies, but as a much larger diversified welding products and consumables manufacturer.

Emerging players

• Kennametal Stellite: Specialist manufacturer of wear-resistant alloys, Stellite components, and overlay welding consumables used in oil & gas, mining, and power generation. Comparable to Covis's Peresan Welding Solutions overlay business in providing materials and solutions for wear and corrosion protection.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/COVIS_Italy
• Facebookfacebook.com/covis.srl

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

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 Covis