Saveway

What Saveway does

Saveway GmbH & Co. KG is a privately held German limited partnership founded in 1991 and headquartered in Ilmenau, Thuringia, that develops and supplies proprietary measurement and monitoring systems for industrial melting, holding, and treatment furnaces. Its core technology directly measures the remaining refractory wall thickness between the approaching melt and the induction coil grout — a measurement approach the company states is unique in the market — alongside hot-spot detection (SAVELINE®), moisture and leak detection (SAVEDRY®), insulation monitoring (SAVESEARCH®), and fibre-optic temperature distribution measurement (OPTISAVE). The five-product portfolio serves foundries, specialty steel producers, smelters, and glass manufacturers, with documented customers including voestalpine BÖHLER Edelstahl, Outokumpu VDM (formerly ThyssenKrupp VDM), VACUUMSCHMELZE, Carpenter Technology, MAHLE KÖNIG, Doncasters Precision Castings, Valmet, and KSB AG. Customer case studies report lining-life improvements ranging from 38% to 250% and prevention of molten metal run-outs and coil damage, positioning the systems as safety-critical infrastructure rather than discretionary process instrumentation.

The company monetizes its products primarily through customized hardware sales of project-specific measurement systems, supplemented by non-transferable software licences for the proprietary SAVECONTROL control and visualisation software and recurring after-sales services including installation, maintenance, remote diagnostics via TeamViewer, and a 24-hour service hotline. Pricing is project-based with quotes calibrated to furnace size, number of measuring channels, and sensor length; the company is currently hiring across multiple engineering and commercial roles, consistent with post-succession capacity buildout. Distribution combines a German direct sales team, wholly-owned subsidiaries in the USA (Saveway U.S.A. Corp.), Japan (Saveway Japan Ltd.), and South Africa (Saveway Furnace Monitoring Africa (Pty.) Ltd.), and a network of regional distribution partners covering France, the UK, Spain, Scandinavia, Poland, the Balkans, and Russia/CIS/Central Asia. In August 2023, ownership and management transitioned to Nadine Hopf and Steven Reumschüssel after 32 years of operation, with succession planning support from an ESF Plus / Free State of Thuringia advisory grant.

Name

Saveway

Legal name

Saveway GmbH & Co. KG

Website

https://saveway-germany.de

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Saveway GmbH & Co. KG develops and supplies proprietary measurement and monitoring systems for industrial melting and holding furnaces used by foundries, steel producers, smelters, and glass manufacturers worldwide, preventing molten metal run-outs and extending refractory lining life.

Ownership category

akta.pro rank

Headquarters

HQ city

Ilmenau

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Revenue model

1. Measurement and Monitoring Systems: Sale of proprietary measurement systems (SAVEWAY, SAVEDRY, SAVELINE, SAVESEARCH, OPTISAVE) including hardware components (sensors, measuring units, visualization units) and embedded software. Systems are customized per customer furnace specifications.
2. Software License: Non-transferable license granted with purchase of control and visualization units for SAVECONTROL software. Title, copyright, and intellectual property rights remain with Saveway.
3. Service and Support: After-sales service including installation, maintenance, remote diagnostics via TeamViewer, and technical support. 24-hour service hotline available.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels3 records

Core offering

Saveway GmbH & Co. KG develops, manufactures, and supplies measurement and monitoring systems for melting, holding, and treatment equipment in foundries, steelworks, smelters, and glass plants. Its product portfolio covers continuous remaining wall thickness measurement, hot spot detection, drying and moisture/leakage monitoring, insulation surveillance, and fibre-optic temperature measurement for high-temperature industrial processes.

Product overview

Saveway GmbH & Co. KG is a specialized industrial measurement technology company offering a portfolio of five core monitoring systems for melting, holding, and treatment equipment in the foundry, steel, smelter, and glass industries. The product line includes: SAVEWAY® for continuous remaining wall thickness measurement to prevent melt penetration; SAVEDRY® for moisture monitoring and leakage detection; SAVELINE® for hot spot measurement; SAVESEARCH® for insulation fault monitoring; and OPTISAVE for fibre-optic temperature distribution measurement. These systems work together to provide comprehensive safety monitoring and predictive maintenance for industrial furnaces, helping customers extend lining life, prevent accidents, and optimize production.

Differentiator

Problem solved

Functional benefit

Brands

• SAVEWAY®: Continuous remaining wall thickness measurement system for melting furnaces, providing safety monitoring of refractory lining between the melt and coil grout.
• SAVELINE®
• SAVEDRY®
• SAVESEARCH®
• OPTISAVE

Products and services

• SAVEWAY®
• SAVELINE®
• SAVEDRY®
• SAVESEARCH®
• OPTISAVE

Quantifiable outcome

• 38-250% increase in lining life depending on furnace type and refractory material
• +4 more outcomes

Named customers14 records

Segments5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered minor and regional.

• FORMKLARminorOthersWebsite design and technical implementation partner for Saveway's website. Located in Germany (Suhl). Responsible for visual communication and brand reinforcement.
• Alexander Anastay (Distribution France)regionalChannel Partner/ Reseller/ DistributorRegional distribution partner covering France with offices in Paris area.
• Bogdan Lovšin (Distribution Slovenia/Croatia/Balkans)regionalChannel Partner/ Reseller/ DistributorRegional distribution partner covering Slovenia, Croatia, Kosovo, Macedonia, Montenegro, Serbia, and Bosnia.
• Joseba Massalleras (Distribution Spain)regionalChannel Partner/ Reseller/ DistributorRegional distribution partner covering Spain.
• Andrew Parker (Distribution UK)regionalChannel Partner/ Reseller/ DistributorRegional distribution partner covering United Kingdom.
• Alexander Krasnov (Distribution Russia/CIS)regionalChannel Partner/ Reseller/ DistributorRegional distribution partner covering Russia, Ukraine, Belarus, Kazakhstan, and Uzbekistan.
• Lars Blidfors (Distribution Scandinavia)regionalChannel Partner/ Reseller/ DistributorRegional distribution partner covering Scandinavia.
• Michał Balicki (Distribution Poland)regionalChannel Partner/ Reseller/ DistributorRegional distribution partner covering Poland.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Others

• RHI Magnesita: RHI Magnesita is the world's largest refractory supplier; its lining products are precisely what Saveway's wall-thickness systems are designed to monitor. The companies are adjacent ecosystem players serving the same furnace operators.
• Inductotherm Group: Inductotherm is one of the largest manufacturers of induction melting and heating furnaces worldwide — Saveway's monitoring systems are frequently installed on Inductotherm equipment, making it a complementary ecosystem partner rather than a competitor.
• Tenova: Tenova designs and supplies industrial furnaces and processing equipment for the metals industry. It is an ecosystem peer whose furnaces may host Saveway monitoring installations, though it does not directly compete in measurement instrumentation.
• Vesuvius: Vesuvius supplies refractory linings and foundry consumables to the steel and metals industry. Like RHI Magnesita, its products are the materials Saveway's monitoring systems measure and protect, making it an adjacent industry peer rather than a competitor.
• ABP Induction: ABP Induction manufactures induction furnaces and melting systems for foundries and metallurgical plants. Saveway products are commonly deployed on ABP furnaces, positioning the two as complementary equipment and monitoring providers.

Direct peers

• LumaSense Technologies (Advanced Energy): LumaSense, now part of Advanced Energy, provides fibre-optic and infrared temperature sensors for industrial furnace and process applications. Its fibre-optic temperature systems compete most directly with Saveway's OPTISAVE product line.
• AMETEK Land: AMETEK Land manufactures thermal imaging and non-contact temperature measurement instruments for industrial furnaces, serving the same steel, foundry, and glass customers as Saveway. It is one of the closest direct competitors in furnace process monitoring.
• Heraeus Electro-Nite: Heraeus Electro-Nite produces sensors and probes for molten metal measurement in the steel and iron industry. It serves the same enterprise metals customers (foundries, steel producers) as Saveway with complementary process-instrumentation products.
• Fluke Process Instruments: Fluke Process Instruments (formerly IRCON) supplies non-contact infrared temperature measurement systems used in industrial furnaces and metals processing. It overlaps with Saveway's OPTISAVE and SAVELINE product lines in temperature distribution and hot-spot monitoring.

Broad incumbents

• Endress+Hauser: Endress+Hauser is a large global process instrumentation supplier whose portfolio overlaps with Saveway's measurement categories in metals and heavy industry. It serves the same customer base but as part of a much broader instrumentation catalogue rather than specialising in furnace-lining monitoring.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 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 Saveway