Paramina

What Paramina does

Paramina is a privately held, family-owned Greek manufacturer, founded in 1966 in Aspropirgos (Athens) and currently in its third generation of ownership. The company designs and produces high-pressure piston air compressors (up to 420 bar maximum working pressure), industrial screw compressors (up to 15 bar), and high-pressure gas compressors for Nitrogen, Helium, and Argon. Its product portfolio is organized into three core lines — Breathing Air (Mistral, Notus, Typhoon, and Cyclone series in electric, diesel, ATEX, and tropical variants), Industrial Air (AE Series screw compressors in fixed-speed and variable-speed inverter configurations plus 40 bar middle-pressure units), and Gas Compressors — supported by an integrated auxiliary ecosystem that includes the CRYO refrigerated dryer, Humidity Control Device, filtration systems, filling panels, storage systems, and the 2024-launched PARAMINA Smart Controller with Air Cloud App for MODBUS/SCADA-connected monitoring.

Paramina sells primarily into safety-critical and regulated verticals: firefighting and emergency services, professional diving and medical-grade breathing air, defense (air force, navy, army), oil & gas with H2S protection (ATEX-certified), shipping and maritime (IACS-certified for DNV, ABS, Bureau Veritas, CCS, Lloyd's), industrial gases, paintball and shooting sports, motorsports, and general industrial compressed air. The company holds ISO 9001:2015, ISO 14001:2015, CE, UKCA, ATEX, and IACS certifications. Named enterprise references include Maersk H2S Safety Services (custom ATEX Cyclone Silent 24E), Minerva Marine (20+ year relationship), Saudi Aramco (Typhoon Tropical specification), and Pioneer Marine.

The business model is direct and channel-based hardware sales with quote-based pricing (no public list), complemented by spare parts and after-sales service through a worldwide distributor network covering Europe (Italy, Spain, Germany, Russia), the Middle East (UAE, Saudi Arabia), Asia (Philippines), and Africa (South Africa). Paramina reaches customers primarily through vertical-specific trade shows (INTERSCHUTZ, POSIDONIA, ADIPEC, Eudi Show), a 2025-relauched corporate website, and active social channels. The company is self-funded, with no disclosed funding rounds, institutional investors, or parent company structure.

Name

Paramina

Legal name

PARAMINA

Website

https://paramina-compressors.com

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

11–50 employees

Short description

Paramina is a Greek family-owned manufacturer (founded 1966) producing high-pressure breathing air compressors up to 420 bar, industrial screw compressors, and gas compressors for nitrogen, helium, and argon, serving firefighting, diving, defense, oil & gas, and shipping sectors globally.

Ownership category

akta.pro rank

Product category

Industrial Compressed Air Equipment

NAICS

Air and Gas Compressor Manufacturing (333912), Pump and Compressor Manufacturing (33391), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Pumps & Pumping Equipment (3561), Refrigeration & Service Industry Machinery (3580), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Air & Gas Compressors (General Purpose) (IMAHANAE)

akta.pro secondary industries

Process Gas & High-Pressure Compressors (IMAHANAF), Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG), Compressors, Refrigeration Components & Condensing Units (IMADANAG)

Keywords

• High-pressure air compressors
• Screw compressors
• Breathing air systems
• Industrial compressed air
• Gas compression equipment

Headquarters

HQ city

Asprópirgos

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Revenue model

1. Air Compressor Sales: Manufacture and sale of high-pressure piston compressors, screw compressors, and gas compressors. Products include Mistral, Notus, Typhoon, and Cyclone series in various configurations (electric, diesel, ATEX).
2. Auxiliary Products and Systems: Comprehensive range of auxiliary products including refrigerated and adsorption dryers, filtration systems, filling panels, storage systems, air quality control systems, and accessories.
3. Spare Parts: Full availability of spare parts in stock, low priced spare parts for all product lines.
4. Service and Maintenance: After-sales service support including maintenance seminars, operator training, and technical support through worldwide distributor network.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Paramina designs and manufactures high-pressure piston air compressors (up to 420 bar), oil-injected screw air compressors (up to 15 bar), specialty gas compressors (Nitrogen, Helium, Argon, Hydrogen, CNG, Biogas), and complete compressed air systems including refrigerated dryers, filters, and Industry 4.0-ready smart controllers for industrial, defense, firefighting, diving, oil & gas, and marine applications. The company also provides after-sales service and spare parts support worldwide.

Product overview

Paramina is a manufacturer of high-pressure piston air compressors, screw air compressors, and auxiliary compressed air systems. The product portfolio comprises three core product lines: (1) Breathing Air Compressors including Mistral (mobile M6/M8), Notus (N10), Typhoon Electric (Silent/Classic/Open/Twin), Typhoon Petrol & Diesel, Typhoon Tropical, and Cyclone (Silent Electric/Diesel/ATEX) series; (2) Industrial Air including Screw Compressors (AE 4RE-75RE series in Fixed Speed and Variable Speed Inverter), Middle Pressure Compressors (40 bar Mistral/Typhoon); and (3) Gas Compressors (Mistral/Notus/Typhoon/Cyclone Gas for N2/He/Ar). Auxiliary products include CRYO Refrigerated Dryers, Humidity Control devices, Filtration Systems, Filling Panels, Storage Systems, Air Tanks, Separators, Drains, and the Paramina Smart Controller with Air Cloud App connectivity. Products serve applications in diving, firefighting, defense, oil & gas, shipping, gas industry, paintball, motorsports, and general industrial use, with pressures ranging from 40-420 bar and capacities from 6-600 lit/min.

Differentiator

Problem solved

Functional benefit

Brands

• PARAMINA 'Smart' Controller: Touch controller built on intuitive graphical interface providing compressor control, performance monitoring, MODBUS connectivity, Industry 4.0/IOT cloud readiness, and multi-language support (20 languages).
• PARAMINA AIR CLOUD
• CRYO

Products and services

• Mistral Series

Quantifiable outcome

• Energy savings up to 60% achievable with Variable Speed Inverter compressors
• +4 more outcomes

Named customers5 records

Segments9 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered core, minor and regional.

• TUV AUSTRIAcoreTechnology or Integration · 1 January 2024Certifying body for ISO 9001:2015 Quality Management and ISO 14001:2015 Environmental Management systems for the entire production process.
• WIMA (Worldwide Industrial Management Association)minorOthers · 1 January 2024Industry association partnership with WIMA, logo displayed on website footer as part of partnership network.
• Pioneer MarineregionalGTM or Marketing Partner · 2 October 2023Joint participation in ADIPEC 2023 exhibition (October 2-5, 2023) in Abu Dhabi. First participation together ended with success.
• Minerva Marine Inc.coreStrategic or Co-development Partner · 1 January 202320+ year trustworthy relationship. Paramina donated Mistral Safety High Pressure Air Compressor for ATHINA Maritime Learning & Development Center educational purposes. Joint seminar on use & maintenance of Breathing Air Compressors conducted at Athina Maritime Center with Chief Engineers from Minerva Marine fleet.
• Maersk H2S Safety ServicescoreStrategic or Co-development Partner · 1 January 2021Custom-designed ATEX Cyclone Silent 24E breathing air compressor for Maersk H2S Safety Services. 400 lit/min at 350 bar max pressure. After 4+ years of cooperation, featured as key supplier in Maersk's Interactive Brochure. Maersk Italy team visited Paramina facilities in Athens for operation and maintenance training.
• Delta Pro (Russia)regionalChannel Partner/ Reseller/ Distributor · 1 January 2019Exclusive representatives in Russia. Owner Alexey Bazarnov interviewed as partner representative. Distributes Paramina products throughout Russian market.
• Divetek Compressors (South Africa)regionalChannel Partner/ Reseller/ Distributor · 1 January 2019Representatives in South Africa Johannesburg. Participated in South Africa exhibition representing Paramina products.
• Marine Vision (Spain)regionalChannel Partner/ Reseller/ Distributor · 1 January 2019Support partner for MORE AQUA SHOW MADRID exhibition. Represents Paramina products in Spanish market.
• Renlette Trading (Philippines)regionalChannel Partner/ Reseller/ Distributor · 1 September 2018Representatives in Philippines for marine exhibitions including DRT Show 2018 and Philippines Marine 2019. Participated in multiple trade shows on behalf of Paramina.
• Ikaros Srl (Italy)regionalChannel Partner/ Reseller/ Distributor · 1 March 2018Representatives in Italy for Eudi Show Bologna 2018 and Dive-Ex exhibitions. Supports Paramina participation in Italian diving industry events.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Kaeser Kompressoren: Kaeser Kompressoren is a German global manufacturer of industrial screw and reciprocating compressors, focused on compressed air systems and energy-efficient compressed air distribution. It directly competes with Paramina's AE-series screw compressors in the European industrial air market.
• Atlas Copco: Atlas Copco is the global leader in industrial air compressors and a broad-line manufacturer serving manufacturing, oil & gas, marine, and process industries. Its Quincy, Chicago Pneumatic, and Edwards brands cover industrial compressed air broadly, making it the principal broad incumbent against Paramina's industrial screw compressor business.
• Ingersoll Rand: Ingersoll Rand is a global industrial compressor and flow control manufacturer with broad screw and reciprocating compressor lines plus extensive service network. It is a primary broad incumbent against Paramina in industrial compressed air for manufacturing customers.

Direct peers

• Sauer Compressors: Sauer Compressors is a German manufacturer of industrial and breathing-air compressors with strong marine and offshore presence. It competes with Paramina's marine-certified and high-pressure breathing air compressors across shipping and O&G customers.
• Hertz Kompressoren: Hertz Kompressoren is a German manufacturer of industrial screw compressors with strong export presence into marine, oil & gas, and emerging markets. Its product lines overlap with Paramina's screw compressor offering for industrial customers.
• Coltri Sub: Coltri Sub (now Coltri) is an Italian manufacturer of high-pressure breathing air compressors and gas compressors used in diving, firefighting, and industrial applications. It competes head-on with Paramina's Mistral, Typhoon, and Cyclone product lines in the European breathing-air market.
• Nuvair: Nuvair is a US-based manufacturer of breathing air compressors, nitrox systems, and gas blending/filling equipment for diving and industrial markets. It targets the same diving, firefighting, and marine end-customers as Paramina, particularly in North America.
• Bauer Kompressoren: Bauer Kompressoren is a German manufacturer specializing in high-pressure breathing air compressors, nitrox/trimix systems, and industrial high-pressure compressors up to 420 bar. It is the closest direct competitor to Paramina in the breathing-air, firefighting, and diving high-pressure compressor niche globally.
• Lenhardt & Wagner: L&W is a German specialist manufacturer of high-pressure piston compressors for breathing air, technical gases, and industrial applications. It overlaps directly with Paramina on high-pressure breathing air and gas compressor product lines for fire/diving/marine customers.

Emerging players

• Beko Technologies: Beko Technologies is a German manufacturer of compressed air treatment equipment (dryers, filters, condensate management) for industrial customers. It overlaps with Paramina's CRYO refrigerated dryer and industrial auxiliary product lines as a complementary/competing supplier of compressed air treatment solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/paramina.compressors
• LinkedInlinkedin.com/company/paramina-air-compressors
• Instagraminstagram.com/paramina_aircompressors
• Xx.com/paraminacompr

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

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 Paramina