SET Sustainable Energy Technologies GmbH

What SET Sustainable Energy Technologies GmbH does

SET Sustainable Energy Technologies GmbH is an Austrian engineering company founded in 2008 and headquartered in Klagenfurt am Wörthersee, operating as a subsidiary of the family-owned GHP Group. The company develops and industrializes electro-mechanical variable-speed gearboxes sold under the SETCON brand, targeting large pumps and compressors in the 2.5 MW to 15 MW power range across the energy, oil & gas, and general industrial sectors. The core technology combines a planetary gear stage with low-voltage Servo motors and compact frequency converters, achieving up to 97% overall system efficiency and serving as a direct, drop-in replacement for low-efficiency hydro-dynamic gear couplings.

The SETCON portfolio spans power classes — the SD2.5 for 2-pole motors, the SC4A for higher-speed oil & gas applications including Zone 2 hazardous areas, and the SE6R for retrofits in power plants — protected by more than 30 patent families and built on 35 years of industrial drive development. Revenue is generated through project-based hardware sales of SETCON units, plus commissioning and after-sales service through local partners and the newly established SET Middle East L.L.C. – FZ subsidiary in Dubai. Marquee customers include Petroleum Development Oman (PDO), RWE Generation SE, Hüttenwerke Krupp Mannesmann (HKM), and OEM partner Sulzer Pumps; the company participates in industry events such as ADIPEC and ICCI to build pipeline. The business model is classic industrial capital equipment: long sales cycles, custom-engineered per project, multi-year contracts, with outsourced regional service partners and a small in-house team of around 12 employees.

Name

SET Sustainable Energy Technologies GmbH

Legal name

SET Sustainable Energy Technologies GmbH

Website

https://set-solutions.net

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

SET Sustainable Energy Technologies GmbH, an Austrian family-owned subsidiary of GHP Group, develops the SETCON electro-mechanical variable-speed gearbox (2.5-15 MW) for pumps and compressors in energy, oil & gas, and industrial customers, with installed bases at PDO, RWE, and HKM.

Ownership category

akta.pro rank

Product category

Industrial Variable-Speed Gearboxes

NAICS

Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing (333612), Mechanical Power Transmission Equipment Manufacturing (333613)

SIC

Motors & Generators (3621)

akta.pro primary industry

Gearmotors, Gearboxes & Speed Reducers (IMAGACAF)

akta.pro secondary industries

Linear Motion & Mechanical Power Transmission (Ball/roller screws, linear guides, bearings, couplings) (IMAHAGAM), Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG)

Keywords

• Variable speed gearboxes
• Industrial drive systems
• Pump compressor drives
• Electro-mechanical gearboxes
• Energy efficient drives

Headquarters

HQ city

Klagenfurt am Wörthersee

HQ country

Austria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. SETCON Gearbox Sales: Sale of electro-mechanical variable-speed gearboxes (SETCON) for industrial pump and compressor applications. Project-based sales with custom engineering for each installation. Includes SETCON SC4A, SD2.5, and SE6R models for different power classes (2.5 MW to 15 MW).
2. Service and After-Sales Support: Service department provides commissioning, maintenance, and support for installed SETCON systems. Regional service partners (STS) support Middle East operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

SET designs, manufactures, and services the SETCON line of electro-mechanical variable-speed gearboxes for large pumps and compressors in the 2.5–15 MW power range, combining a planetary gear stage with low-voltage Servo motors and compact Frequency Converters. The gearboxes achieve up to 97% system efficiency and serve as direct retrofits for low-efficiency hydrodynamic gear couplings in power plants, oil & gas facilities, and general industrial sites. The company also delivers project-specific commissioning, maintenance, and after-sales service through its headquarters and regional partners.

Product overview

SET Sustainable Energy Technologies GmbH offers the SETCON product line as its core offering - a portfolio of electro-mechanical variable-speed gearboxes designed to control speed of large pumps and compressors in energy, oil & gas, and industrial applications. The SETCON product family includes multiple variants spanning different power classes (2.5 MW to 15 MW), including the SD2.5 (for 2-pole motors), SC4A (4.4 MW), and SE6R (for retrofit applications). The company previously produced the DSgear-set as its earlier differential gear technology. SETCON gearboxes achieve up to 97% overall efficiency and serve as direct replacements for low-efficiency hydro-dynamic gear couplings, with advantages including compact footprint compatibility, no working oil requirements, and low-voltage auxiliaries.

Differentiator

Problem solved

Functional benefit

Brands

• SETCON: Electro-mechanical variable-speed gearbox product line for controlling speed of large pumps and compressors, featuring up to 97% system efficiency
• SETCON SE
• SETCON SC
• SETCON SD2.5

Products and services

• SETCON
• SETCON SD2.5
• SETCON SC4A SETCON model designed for 4.4 MW power applications with design speed of 4800 rpm, speed range 50%-100%, certified for Zone 2, Group IIB, T4 area classification for use in oil & gas environments. First deployed at Petroleum Development Oman on a 4.2 MW crude-oil booster pump, achieving >376 kW constant energy savings.
• SETCON SE6R SETCON electro-mechanical variable-speed gearbox model used in retrofit projects, configured with a planetary gear stage controlled by low-voltage Servo motors for precise torque regulation. Deployed at the RWE/HKM Duisburg-Huckingen gas-fired power plant on a 5.7 MW boiler feed pump, delivering >1.3 MW average energy savings.

Quantifiable outcome

• Energy savings >376 kW constantly vs conventional fluid couplings on 4.2 MW crude oil booster pump application
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• SET Middle East L.L.C. – FZcoreStrategic or Co-development Partner · 8 January 2026New subsidiary in Dubai established January 2026, located at Meydan Free Zone. Focuses on sales and service for Middle East and surrounding regions. Enables stronger customer relationships, improved response times, and tailored solutions for regional markets.
• Sulzer PumpscoreOEM/ Whitelabel/ Licensing PartnerLong-standing OEM partnership for pump supply. Sulzer supplies pumps for SETCON applications including crude oil booster pumps. Collaboration on PDO project in Oman and factory acceptance testing at Sulzer Leeds facility.
• FlendercoreStrategic or Co-development PartnerJoint presentation at ADIPEC 2025 (Booth 9333 Hall 9). Collaboration on SETCON variable drivetrain solution combining SET technology with Flender's market presence.
• TermallminorChannel Partner/ Reseller/ DistributorPolish service partner established 2022. Family business with 30-year tradition in Bełchatów, Poland. Provides service, maintenance, supervision, commissioning and operation support for power plant and general industry market in Poland and neighboring countries.
• Kraft Werks Engineering (KWE)minorChannel Partner/ Reseller/ DistributorAmerican partnership established early 2022. Represents SET in additional markets.
• ENPRO INC.minorChannel Partner/ Reseller/ DistributorTurkish representative. SET presented at ICCI 2025 (April 24-26) at ENPRO INC. booth, Hall 1, Booth C09.
• STS (local service partner)minorImplementation/ SI/ Consulting PartnerLocal service partner supporting commissioning at PDO project in Oman.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Nidec: Global manufacturer of electric motors, gear motors, and drive electronics including industrial pump applications. Competes with the integrated motor-gearbox-converter value proposition that SETCON delivers.
• Siemens: Industrial drives portfolio (SINAMICS VFDs) plus ownership of Flender gives Siemens direct overlap with SETCON across both drive electronics and mechanical power transmission in energy and process industries.
• ABB: Major supplier of medium-voltage variable frequency drives and industrial motors used to control large pumps and compressors — the primary alternative technology SETCON competes against in pump/compressor drive retrofits.
• Flender: Flender (a Siemens company) is one of the world's largest mechanical-drive manufacturers offering gear units, couplings, and generator systems for industrial applications. Both a co-marketing partner (ADIPEC 2025) and a broad incumbent competing for the same customer base.

Direct peers

• Bonfiglioli: Italian manufacturer of gearboxes, gear motors, and drive systems for industrial applications including pumps and process machinery. Closely comparable product architecture and customer overlap in industrial pump drives.
• Regal Rexnord: Industrial power transmission manufacturer (formerly Rexnord) producing gear drives, couplings, and conveying components for process and energy industries. Overlapping customer base in pumps and rotating equipment.
• Voith Turbo: Voith's turbo division manufactures hydrodynamic variable-speed couplings and drives for large industrial pumps and compressors — the legacy technology SETCON directly replaces. Most direct comparable on the alternative side of the variable-speed spectrum.
• Sumitomo Drive Technologies: Power transmission division of Sumitomo Heavy Industries producing industrial gearboxes and drive systems for heavy-duty applications including pumps, mixers, and compressors — direct overlap with SETCON's target use cases.
• David Brown Santasalo: Manufacturer of industrial gearboxes and gear drive systems for heavy-duty applications in mining, power, oil & gas, and process industries. Comparable product scope in rugged mechanical power transmission.
• SEW-EURODRIVE: Global manufacturer of gear motors, industrial gear units, and drive electronics for pumps, compressors, and process industry. Comparable product breadth in mechanical power transmission with deep industrial installed base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@setsustainableenergytechs
• LinkedInlinkedin.com/company/set-sustainable-energy-technologies-gmbh

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 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 SET Sustainable Energy Technologies GmbH