AAGES, a joint stock company located in the center of Romania, has been designing and manufacturing induction heating machines for large range of applications for over 32 years.
AAGES was founded in 1990 by a group of engineers from the Research and Design Institute for Electrical Engineering (ICPE) Bucharest, branch Targu Mures.
The first products of the company were the static converters for induction heating applications. Partnering with a German company in the late 90’, AAGES developed in less than one year the new family of converter with IGBT transistors and there were delivered more than 1.200 units over the years, practically in all five continents of the globe.
1990
Served areaWorldwide
HeadquartersStr. Agricultorilor Nr. 16, 547530 Singeorgiu de Mures – Romania
10,000,000
IPOJune 19, 2017
Stock exchange(s)Bucharest Stock Exchange