Tenax International S.p.A
MMIL:TNX0.55
EUR
0.00
(0.00%)
Tenax International S.p.A
MIL:TNX
(Euronext Milan)
Recent
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0.55
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div
yld
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ROIC.AI
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- Business
- Tenax International S.p.A. is an Italy-based manufacturer specializing in the design, engineering, production, and distribution of 100% low-voltage electric street sweepers and street washing vehicles for urban hygiene, municipal maintenance, and environmental sanitation. Founded in 2016 and headquartered in Rio Saliceto, Italy, the company operates within the environmental equipment and commercial vehicle sector, providing zero-emission municipal cleaning solutions to local government entities, public administration bodies, environmental service utilities, and private facility management contractors worldwide. The company provides an extensive portfolio of eco-friendly cleaning machinery, proprietary technologies, and lifecycle services, organized across several core offerings: compact electric street sweepers, including the Electra 1.0 compact pedestrian sweeper, the Maxwind and Smartwind walk-behind and ride-on compact sweepers designed for narrow sidewalks, historical centers, and pedestrian precincts; mid-to-large capacity electric street sweepers, including the Electra 2.0 evos, Electra 2.0 neo, and Electra 5.0 road sweepers equipped with advanced suction systems, multi-cubic-meter waste hoppers, and ergonomic operator cabins; electric street washing vehicles, including the Electra 2.0 hydro high-pressure street washing and sanitization unit featuring integrated water tanks, washing bars, and handheld spray lances; low-voltage electrical and energy storage systems, built on safe 48-volt architectures utilizing modular lithium-iron-phosphate (LFP) battery technology designed for low maintenance, enhanced safety, and full-shift operational autonomy; digital fleet management and IoT solutions, encompassing the Tenax Telematics system for remote vehicle tracking, real-time battery state-of-charge monitoring, predictive maintenance alerts, and diagnostic data collection; and comprehensive aftermarket services, comprising original spare parts distribution, routine maintenance contracts, operator and technician training, and extended warranty programs. Tenax International S.p.A. operates across international markets spanning Europe, North America, the Middle East, and Latin America through a combination of direct sales operations and an extensive network of specialized independent distributors and authorized service centers, supported by subsidiaries such as Tenax International Deutschland GmbH. In recent developments, the company has scaled up its operations by expanding its manufacturing and assembly facilities in the Emilia-Romagna industrial district to increase annual production capacity in response to accelerating European municipal fleet electrification mandates. The company has also expanded its commercial reach through new strategic distribution and service partnerships in the North American and Northern European markets, while rolling out upgraded iterations of its flagship Electra series that feature higher-capacity modular battery configurations, integrated fast-charging capabilities, and enhanced telematics connectivity.