NeWeld
- Company typePrivate
- Founded2011
- HeadquartersBudapest, Hungary
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What NeWeld does
NeWeld (legal entity NEWELD Hegesztéstechnikai Kft.) is a privately held Hungarian industrial company founded in 2011 by Lorenzo Colucci and Katalin Hegedűs, headquartered in Budapest with a manufacturing plant in Bátonyterenye, Nógrád County. The company operates two integrated lines of business: (i) contract CNC manufacturing of precision-turned and pressed metal parts, primarily pipe connectors and components for tier suppliers to premium and mass-market automotive OEMs (Porsche, Aston Martin, Bentley, Lamborghini, Lotus, GM, Ford, Hyundai, Audi, Volkswagen), using Japanese lathes and optical metrology from DeMeet, Mitutoyo and Keyence; and (ii) distribution of industrial brazing filler materials (rods, wires, rings, washers, powders, pastes, fluxes), surface-treatment chemicals, and industrial equipment under exclusive CEE representation agreements with IFP (washing machines), Sabe Forni (furnaces), Nicro (furnace tunnels) and Costacurta (conveyor belts). The company employs more than 20 people across three shifts and supplements manufacturing and trading with brazing-technology consulting, operator training, and furnace maintenance and renovation services. Go-to-market is enterprise field sales with quote-based pricing and direct relationships to automotive and industrial-equipment customers in Central and Eastern Europe. The company is funded entirely through organic cash flow and Hungarian/EU GINOP grants (over HUF 217 million cumulatively across 2017-2024), with no private equity or venture capital investment, and remains founder-owned and founder-operated.
NeWeld firmographics
Firmographics- Name
- NeWeld
- Legal name
- NEWELD Hegesztéstechnikai Kft.
- Website
- https://neweld.hu
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
NeWeld industry classification
Industry- Product category
- Precision Metal Parts Manufacturing
- NAICS
- Machine Shops (332710), Bolt, Nut, Screw, Rivet, and Washer Manufacturing (332722), Turned Product and Screw, Nut, and Bolt Manufacturing (33272), Other Fabricated Metal Product Manufacturing (3329)
- SIC
- Bolts, Nuts, Screws, Rivets & Washers (3452), Screw Machine Products (3451), Metalworkg Machinery & Equipment (3540), Miscellaneous Fabricated Metal Products (3490)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
- akta.pro secondary industry
- Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping) (IMAHADAC)
Keywords
Where NeWeld is headquartered
LocationHeadquarters
- HQ city
- Budapest
- HQ country
- Hungary
- HQ region
- Europe
Offices2 records
Markets served
NeWeld business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- CNC Manufacturing: CNC manufacturing and sale of precision metal parts, primarily for automotive industry. Manufacturing of pipe connectors and other metal components through CNC turning and pressing operations.
- Brazing Materials and Equipment Sales: Sale of brazing filler materials (rods, wires, rings, washers, powders, pastes, fluxes), industrial machinery, chemical surface treatment products, and metal parts washing machines
- Technical Consulting Services: Manufacturing and brazing technology consulting, furnace renovation and maintenance services, operator training
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
NeWeld product offering
Product offeringCore offering
NeWeld manufactures precision CNC-turned and milled metal parts (primarily pipe connectors and other components for automotive customers) at its Bátonyterenye production facility, and supplies industrial brazing filler materials (rods, wires, rings, washers, powders, pastes, fluxes), surface treatment chemicals, industrial washing machines, brazing furnaces, furnace tunnels, and conveyor belts. The company complements manufacturing and product distribution with technical consulting, production process optimization, furnace maintenance/renovation, commissioning, and operator training services.
Product overview
NeWeld operates as a comprehensive industrial manufacturing and trading company offering a multi-faceted portfolio. The core offerings include: (1) CNC Manufacturing Services — precision turning, milling, pressing, and stamping of metal parts primarily for automotive suppliers, utilizing Japanese lathes and optical measuring equipment from DeMeet, Mitutoyo, and Keyence; (2) Commercial Brazing Materials — a wide range of filler materials including rods, wires, rings, washers, powders, pastes, and fluxes for industrial brazing; (3) Surface Treatment Chemicals — degreasers, oxide removers, activators, and passivating agents; and (4) Industrial Equipment Distribution — as official representative, the company sells IFP industrial washing machines, Sabe Forni industrial furnaces, Nicro furnace tunnels, and Costacurta conveyor belts. These are complemented by technology consulting, training services, and furnace maintenance/renovation. The portfolio functions as a unified offering where manufacturing capabilities support automotive customers while the trading division provides consumables and equipment to the broader industrial market.
Differentiator
Problem solved
Functional benefit
Products and services
- CNC Turning and Milling Services Precision CNC manufacturing services for metal connectors and parts, including turning, milling, drilling, pressing, finishing, and coating operations, primarily for automotive OEMs and Tier suppliers.
- Industrial Brazing Materials Industrial brazing filler materials including rods, wires, rings, washers, metal powders, pastes, and fluxes for automotive and equipment manufacturing industries.
- Surface Treatment Chemicals Chemical materials for industrial surface treatment including degreasers, oxide removers, activators, passivating agents, and etching materials for brazing processes.
- IFP Industrial Washing Machines Modified, alcohol-based, and hybrid industrial washing machines for metal parts cleaning, including the IFP KP 50 EASY vacuum cleaning machine, distributed as official representative of IFP.
- Sabe Forni Industrial Furnaces Industrial furnaces and furnace parts for brazing and heat treatment applications, including chamber furnaces, pit furnaces, conveyor belt furnaces, and rotary furnaces, distributed as official representative of Sabe Forni.
- Nicro Furnace Tunnel Systems Furnace tunnel systems for industrial heating applications, distributed as official representative of Nicro.
- Costacurta Conveyor Belts Conveyor belts for industrial furnace and production line applications, distributed as official representative of Costacurta.
- Technology Consulting and Training Services Technical consulting services for brazing technologies, production process optimization, and staff training for industrial partners.
- Furnace Maintenance and Renovation Services Maintenance, renovation, and commissioning services for industrial furnaces, including spare parts procurement and operator training.
- Pressing and Stamping Services Manufacturing of round, elliptical, curved, and custom-shaped washers for various industrial applications using CNC pressing technology.
Quantifiable outcome
- Reduced production time and increased productivity through technology modernization
- +3 more outcomes
Companies that use NeWeld
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles2 records
NeWeld technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
NeWeld partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- IFPcoreOfficial representative of IFP, a manufacturer of modified, alcohol-based and hybrid industrial washing machines. NeWeld sells and maintains these machines as part of their industrial equipment offerings.
- Sabe FornicoreOfficial representative of Sabe Forni, an industrial furnace and furnace parts manufacturer. NeWeld provides these furnaces including brazing, heat treatment, conveyor belt and rotary furnaces.
- NicrocoreOfficial representative of Nicro, a furnace tunnel manufacturer. NeWeld includes these in their industrial furnace product offerings.
- CostacurtacoreOfficial representative of Costacurta, a conveyor belt manufacturer. These conveyor belts are part of the furnace systems NeWeld supplies.
Scale indicators10 records
Recent moves6 records
Expansion highlights4 records
NeWeld competitors and assessment
Company assessmentEmerging players
- INDEX-Werke: Manufacturer of CNC turning machines and machining centers, including automated turn-mill solutions. Technologically aligned with NeWeld's CNC turning/milling focus and the precision automotive connector niche.
- Umicore: Materials technology group producing brazing alloys, precious metal compounds, and industrial surface treatment chemicals. Overlaps with NeWeld's brazing consumables and surface treatment product lines.
Direct peers
- Lucas-Milhaupt: A leading global manufacturer and supplier of brazing and soldering filler materials, alloys, and flux. Direct overlap with NeWeld's brazing materials distribution business serving industrial and automotive customers.
- GEDIA Automotive: Automotive supplier of precision metal structures, frames, and stamped/formed components to European OEMs. Comparable customer base (VW Group, premium European brands) and overlap in metal-forming capability.
- Harris Products Group: Manufacturer of brazing, soldering, and welding consumables and equipment. Comparable to NeWeld's brazing materials and industrial equipment distribution offerings.
Broad incumbents
- EMAG Group: German manufacturer of CNC turning machines, grinding machines, and turn-mill production systems serving automotive and industrial OEMs. Comparable end markets and precision turning technology to NeWeld's manufacturing operations.
- Schaeffler: Global automotive and industrial supplier with precision machining, turning, and surface treatment capabilities. Overlaps with NeWeld in serving automotive customers with precision metal components.
- Kirchhoff Automotive: Tier 1 automotive supplier of metal-formed components and assemblies to global OEMs. Comparable in serving premium European automotive customers with precision metal parts, though at much larger scale.
- DMG MORI: Global manufacturer of CNC machine tools including turning, milling, and additive machines. Technologically adjacent — NeWeld's precision CNC turning work runs on comparable Japanese/German machine platforms.
- voestalpine Böhler Welding: Global leader in welding and brazing consumables with a broad product portfolio. Overlaps with NeWeld's brazing materials business but operates at significantly larger scale and broader geographic reach.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
NeWeld social profiles
Digital presenceNeWeld financial estimates
Financial estimateRevenue estimate
Valuation estimate
NeWeld leadership team
Management profileNumber of profiles
Profiles4 records
NeWeld funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NeWeld M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NeWeld
What does NeWeld do?
NeWeld manufactures precision CNC-turned and milled metal parts (primarily pipe connectors and other components for automotive customers) at its Bátonyterenye production facility, and supplies industrial brazing filler materials (rods, wires, rings, washers, powders, pastes, fluxes), surface treatment chemicals, industrial washing machines, brazing furnaces, furnace tunnels, and conveyor belts. The company complements manufacturing and product distribution with technical consulting, production process optimization, furnace maintenance/renovation, commissioning, and operator training services.
Is NeWeld a public or private company?
NeWeld is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was NeWeld founded?
NeWeld was founded in 2011. It employs 11 to 50 people.
Where is NeWeld based?
NeWeld is headquartered in Budapest, Hungary, in the Europe region.
How does NeWeld make money?
Three revenue lines are on record. CNC Manufacturing is the primary driver. The others are brazing Materials and Equipment Sales and technical Consulting Services.
Who are NeWeld's main competitors?
Emerging players on record are INDEX-Werke and Umicore. Direct peers are Lucas-Milhaupt, GEDIA Automotive and Harris Products Group. Broad incumbents are EMAG Group, Schaeffler, Kirchhoff Automotive, DMG MORI and voestalpine Böhler Welding.
Does NeWeld have an API?
No public API is recorded for NeWeld.
What industry is NeWeld in?
NeWeld's product category is Precision Metal Parts Manufacturing. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of IMAHADAC, Metal Forming & Fabrication Machines (Presses, Bending, Shearing, Stamping). Its NAICS code is 332710 and its SIC code is 3452.