What Savera does

Savera (Sociedad Anónima de Vera) is a Spain-headquartered, privately-held manufacturer and distributor of elevator guide rails, accessories, and mechanical components, founded in 1967 in Navarra. The company produces four families of guide rails (Star Plus for high-speed up to 20 m/s, Star for >4 m/s, Extra for 1.6-4 m/s, and Super for lower-speed applications) along with hollow counterweight rails, light rails, joint plates, forged clips, elastic clips, and SCA adjustable sliding clips. Manufacturing relies on proprietary process technology including automatic straightening lines, 5-meter straightening systems, automated inspection machines, and high-capacity super planers; Savera also reports a Smart Factory concept using IoT sensors and analytics on the production line.

The company operates a vertically integrated global network spanning Europe, China, and India, with three hot rolling mills (Perfiles Especiales Selak in Spain, Xuanli Savera in China, Savera India-Vita in India) supplying T-format raw material for in-house guide rail production. Beyond guide rails, Savera produces mechanical elevator components through its Emesa subsidiaries (Spain, Czech Republic, India), escalator components via Sanyong Machinery (China), and complete elevator systems via the Savera Eva Asansör joint venture in Turkey. Distribution combines direct sales from regional manufacturing/service centers with distributor partnerships across five continents.

Revenue mechanics are anchored in B2B hardware sales of guide rails and components, complemented by contract-based commissioning and riding-path packaging services, technical support through the Savera Innova technology center, and an online EN81-20-50 guide rail calculation tool (SaveraRide). Customers primarily comprise global elevator OEMs and major building developers serving high-rise and iconic construction projects, with named emblematic installations including Jeddah Tower, One Vanderbilt, Atlassian Tower, Roche Towers, Merdeka 118, and Zun Tower. Certifications include ISO 9001/14001/45001 across all major operating regions.

Name

Savera

Legal name

Sociedad Anónima de Vera

Website

https://saveragroup.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

1–10 employees

Short description

Savera is a Spain-founded, vertically integrated global manufacturer of elevator guide rails, accessories, and mechanical components, operating 20+ manufacturing and service facilities across Europe, China, and India to serve elevator OEMs and high-rise construction projects.

Ownership category

akta.pro rank

Product category

Elevator Components Manufacturing

NAICS

Elevator and Moving Stairway Manufacturing (333921)

SIC

Bolts, Nuts, Screws, Rivets & Washers (3452)

akta.pro primary industry

Elevator Modernization & Retrofit (Controllers, Drives, Door Systems) (BPABAIAE)

akta.pro secondary industry

Fasteners, Anchors & Connectors (Bolts, Weld Studs, Plates) (IMADACAJ)

Keywords

• Elevator guide rails
• Elevator components
• Elevator accessories
• Escalator components
• Mechanical elevator parts

Headquarters

HQ city

Vera De Bidasoa

HQ country

Spain

HQ region

Europe

Offices22 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Elevator Guide Rails and Accessories: Manufacturing and distribution of high-quality elevator guide rails (Star Plus, Super, Extra, Star grades) and accessories including fishplates, forged clips, sliding clips, and SCA adjustable sliding clips. Products are sold to elevator manufacturers and building contractors globally through manufacturing centers in Europe, China, and India.
2. Mechanical Components: Manufacturing of mechanical components for elevators and escalators including cabins, chassis, counterweights, and escalator components. Operated through subsidiaries like Emesa in Spain, Czech Republic, and India, and partnerships with companies like Sanyong Machinery for escalator components.
3. Special Profiles (Hot Rolling): Hot rolling mill operations producing special steel profiles in T-format from steel blooms for guide rail manufacturing and other industrial applications. Ensures raw material supply and production flexibility through facilities like Perfiles Especiales Selak (Spain), Xuanli Savera (China), and Savera India-Vita.
4. Commissioning and Contract Services: Contract-based elevator riding path system packaging and supply, along with customized services including guide rail calculation tools (EN81-20-50) and technical support through Savera Innova technology center.
5. Online Services: SaveraRide platform offering online guide rail calculation tools for EN81-20-50 standards compliance.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Savera manufactures and distributes elevator guide rails and accessories (Star Plus, Star, Super, Extra grades) certified to ISO 7465 standards, mechanical components for elevators and escalators (cabins, chassis, counterweights, balustrades), and special hot-rolled steel profiles. The company also provides commissioning services, customized contract-based solutions, and an online guide rail calculation tool (EN81-20-50) through its SaveraRide platform.

Product overview

Savera is a global provider of elevator system solutions, operating as a manufacturer and distributor of high-quality elevator guide rails and accessories, along with mechanical components for elevators and escalators. The product portfolio centers on guide rails (Star Plus, Super, Extra, Star) designed for different speed requirements from 1 m/s to 20 m/s, complemented by accessories including joint plates, forged clips, elastic clips, and SCA clips. The company also offers hollow counterweight rails and light guide rails for specific applications. Beyond guide rails, Savera provides commissioning services, an online guide calculation tool (EN81-20-50), and special profile hot-rolling manufacturing. Through subsidiaries like Emesa, Savera Eva Asansör, and Sanyong Machinery, the company diversifies into mechanical components including elevator cabins, chassis, escalator balustrades, and related assemblies. The offering spans from pure product sales to integrated contract-based services including packing, supply, and customized solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Star Plus: High-speed guide rails suitable for speeds from 4m/s to 20m/s
• Star
• Extra
• Super

Products and services

• Star Plus Guide Rails High-speed elevator guide rails suitable for elevator speeds from 4 m/s up to 20 m/s, designed for modern high-performance elevator installations.
• Super Guide Rails Guide rails according to ISO 7465 (B Class) standard, suitable for elevator speeds of 0-1 m/s (calibrated) and 0-1.6 m/s (brushed).
• Extra Guide Rails Guide rails according to ISO 7465 (BE Class) standard for elevator speeds between 1.6 and 4 m/s.
• Star Guide Rails High-quality guide rails for elevator speeds exceeding 4 m/s, designed for high-performance elevator applications.
• Hollow Counterweight Guide Rails Sheet-formed guide rails offering maximum moment of inertia and minimum weight for counterweight applications in elevators.
• Light Guide Rails Specially developed guide rails for optimizing weight of guidance in specific elevator configurations.
• Guide Rail Accessories (Joint Plates, Forged Clips, Elastic Clips, SCA Clips) Connector plates (Placas de Unión), forged clips (Bridas Forjadas), elastic clips (Bridas Elásticas), and SCA adjustable sliding clips for joining and securing guide rails in elevator systems.
• Commissioning Services Contract-based packing and supply of elevator riding systems along with a wide range of customized services provided through Savera's service centers for elevator OEMs and contractors.
• SaveraRide Guide Rail Calculation Tool (EN81-20-50) Online calculation service for elevator guide rails compliant with EN81-20-50 (2014) safety standards, accessible at saveraride.saveragroup.com for engineering and design professionals.
• Special Steel Profiles (Hot Rolling) Hot-rolled steel profiles in T-format produced from steel blooms at three rolling mills (Perfiles Especiales Selak in Spain, Xuanli Savera in China, Savera India-Vita in India), serving construction and transport sectors and supplying raw material for guide rail manufacturing.
• Emesa Mechanical Components (Elevator Cabins, Chassis, Counterweights) Design and manufacture of elevator cabins, chassis, and mechanical components for all types of elevators using advanced sheet metal processing technology, operated through Emesa in Spain, Czech Republic, and India.
• Sanyong Machinery Escalator Components Cold sheet metal transformation company specializing in manufacturing balustrades, guide rails, and high-quality escalator components, with a manufacturing center in Haining, China.
• Savera Eva Asansör Elevator Systems (Turkey) Design and manufacture of elevator cabins, chassis, complete elevators, and distribution of quality elevator components including mechanical doors, guide rails, hydraulic buffers, speed governors, safety gears, gearless motors, and control systems, operating from Istanbul for EMEA region customers.

Quantifiable outcome

• Guide rails suitable for speeds up to 20m/s with Star Plus product line
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered major and supporting.

• EvatekmajorStrategic or Co-development Partner · 1 January 2024Savera formed a partnership with Evatek to establish Savera Eva Asansör in Istanbul, Turkey. The objective of this venture is to develop new value propositions for customers in the EMEA region, providing elevator manufacturing and high-quality components including mechanical doors, guide rails, hydraulic buffers, speed governors, safety gears, gearless motors, and control systems.
• Sunrise Machinery PartssupportingStrategic or Co-development Partner · 1 January 2021Savera entered into a collaboration agreement with Sunrise Machinery Parts, a manufacturer of elevator guide rails based in Tianjin, China. This partnership strengthened the group's brand, product, and customer diversification in China.

Scale indicators6 records

Recent moves23 records

Expansion highlights6 records

Broad incumbents

• ThyssenKrupp / TK Elevator: One of the world's largest elevator OEMs with significant in-house component manufacturing including guide rails. While vertically integrated, TKE competes with Savera both as a customer on certain products and as a producer on others, and shares the high-rise megaproject reference base.
• KONE: Top-tier global elevator OEM and service company. While primarily a customer of guide rail suppliers, KONE manufactures certain components in-house and competes for the same high-rise megaproject specifications where Savera's rails are qualified.
• Mitsubishi Electric (Elevator & Escalator Division): Major Asian elevator OEM with vertically integrated component manufacturing. Competitor in the high-speed elevator segment (relevant to Savera's Star Plus 4-20m/s product line) and a meaningful customer in Asian markets.
• OTIS: World's largest elevator OEM with internal component sourcing capabilities. OTIS is both a major customer of Savera's guide rails on certain product lines and a competitor for integrated elevator system contracts on trophy buildings.

Direct peers

• Formetal: European specialist in cold-formed and machined metal components for elevators, including guide rails, fishplates, and brackets. Comparable mid-sized manufacturer competing with Savera in elevator component supply.
• Wittur Group: Global manufacturer of elevator components including guide rails, doors, cabins, and safety gear. Wittur is the closest direct competitor to Savera, serving the same OEM customer base (OTIS, KONE, Schindler) with overlapping product portfolios in guide rails and mechanical components.
• Sematic Group: Italian-based global supplier of elevator cabins, doors, and mechanical subassemblies. Overlaps with Savera's Emesa subsidiary and Sanyong escalator component business in providing elevator mechanical assemblies to OEMs.
• Bonaiti (Giuseppe & F.lli Bonaiti): Italian manufacturer of elevator guide rails and accessories with comparable ISO 7465 product lines. Bonaiti competes directly with Savera in the European and export markets for T-profile guide rails and rail fasteners.

Others

• CELSA Group: Large European steel producer supplying special profiles and long products. Upstream adjacent to Savera's hot rolling operations and a potential alternative supply source for OEMs evaluating in-house rail production.

Emerging players

• Mehano (Mehano Rail & Crane Components): European metal component manufacturer producing rail-related assemblies and mechanical fabrications. Smaller-scale competitor with partial overlap to Savera's rail accessory and mechanical component offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubev.qq.com/biu/creator/home?vcuid=9014858269
• LinkedInlinkedin.com/company/savera-india-group-spanish-savera-group

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries19 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 Savera