This design and manufacturing private enterprise was established in 1992 but has already become competitive in specialized and unique systems and devices. The enterprise has an R&D center.

Company profile:

Design, calculation, and manufacturing of magnetic systems for electrical machinery, based on permanent magnets made from different hard magnetic materials
Manufacturing of magnet based stators for vehicles
Manufacturing of rotors for electric machines
New processing of magnetic systems ensuring reduced material consumption and improved working parameters of systems

The company has achieved a lower weight of magnet systems when compared to similar ones.
ELMAG devices are applied to confining plasma, to lifting tools from oil wells, and in medicine.
It has a unique competence in dealing with uniform and plane parallel magnetic fields.