About Russula
Russula is a company based in A Coruna (Spain) founded in 1988. Provider of engineering services intended to increase steel and aluminium production. Its chief executive, as recorded, is Eva Maneiro. Its Indian entity Russula Automation And Engineering Solutions India Private Limited reported revenue of ₹3.49 Cr. Russula offers products and services including Rolling Mills and Water Treatment Plants.
Company details
Russula was founded in 1988 and is headquartered in A Coruna, Spain. Engineering services are delivered by the company to support increased production in the steel and aluminium sectors. Operations focus on process optimization, plant design, and technical consulting for industrial clients. Expertise is applied across global projects, with a primary emphasis on manufacturing efficiency and sustainability in metal processing. Leadership is provided by CEO Eva Maneiro.
- Headquarters A Coruna, Spain
- Email••••••••
- Phone•••• ••••
- Website russula.com
- Social LinkedIn X Facebook Instagram
- Legal Name Russula Automation And Engineering Solutions India Private Limited
- Date of Incorporation 19 May, 2008
- Jurisdiction Bhubaneswar, Odisha, India
- Indian entity revenue₹3.49 Cr
FY 2024 · +75% YoY
- Indian entity net profit₹1,250
FY 2024 · 0% margin
- Indian entity EBITDA₹4.4 Lakh
FY 2024 · 1% margin
- Latest Funding Round$399.05K (USD), Grant
Dec 2019
- InvestorsEuropean Union
& 1 more
Associated legal entities of Russula
Russula operates through Russula Automation And Engineering Solutions India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Russula Automation And Engineering Solutions India Private Limited CIN U74200OR2008PTC010031 | Active | 19 May 2008 | Bhubaneswar, Odisha | ₹3.5 Cr | 3 | View details |
Products & Services of Russula
Russula offers a comprehensive portfolio of products and services, including Rolling Mills and Water Treatment Plants.
Turn-key rolling mills and upgrades are supplied to enhance steel production processes.
Water treatment plants and related systems are provided for industrial applications in steel production.
Funding Insights of Russula
- Total Rounds 2
- Last Round Grant — $399,048
- Investors Count 2
All 2 funding rounds of Russula with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2019 | $399,048 | Grant | – | – | |
| Jun 2011 | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Russula
Russula has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and ICO Axispart.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ICO Axispart is engaged in providing financial solutions for businesses. | 1971 | axispart.com | Madrid, Spain | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Russula
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Russula Automation And Engineering Solutions India Private Limited (Russula)
Russula Automation And Engineering Solutions India Private Limited is the primary company behind Russula. The board of Russula Automation And Engineering Solutions India Private Limited currently have 3 directors; the longest-serving is Eva Maria Maneiro Diaz, appointed in 2011. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Eva Maria Maneiro Diaz DIN 03364401 | Director | 04 Nov 2011 | 15 yrs | Russula Automation And Engineering Solutions India Private Limited |
| Maria Xisela Maneiro Diaz DIN 03364408 | Director | 04 Nov 2011 | 15 yrs | Russula Automation And Engineering Solutions India Private Limited |
| Prakash Kumar Sahoo DIN 07048355 | Director | 19 Dec 2014 | 11 yrs 10 mo | Russula Automation And Engineering Solutions India Private Limited |
People of Russula
1 people are tracked at Russula (1 in leadership).
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Russula
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Russula
Figures of Russula Automation And Engineering Solutions India Private Limited, the primary company behind Russula, for FY 2024. Revenue was ₹3.49 Cr (+75% year on year). Net profit was ₹1,250 (0% margin). EBITDA was ₹4.4 Lakh (1% margin). Revenue has grown at a compounded annual rate of +33% over three years and +11% over five years.
- ₹3.49 CrRevenue · FY 2024 · +75% YoY
- ₹1,250Net profit · 0% margin
- ₹4.4 LakhEBITDA · 1% margin
- ₹50.7 LakhPaid-up capital
- +33%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Russula Automation And Engineering Solutions India Private Limited are on its company page.
Detailed financial statements for Russula
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Russula
3 dated milestones of Russula across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Russula is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $399K.
Web traffic of Russula
The website of Russula (russula.com) receives about 3K visits a month.
- Monthly visits3K
▲ 58.6% vs previous month
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Frequently Asked Questions about Russula
Russula was founded in 1988 and raised its 1st funding round 23 years after it was founded.
Russula is headquartered in A Coruna, Spain. It is registered at A Coruna, Galicia, Spain.
Eva Maneiro is the CEO of Russula, as recorded in our data.
The primary company behind Russula, Russula Automation And Engineering Solutions India Private Limited, reported revenue of ₹3.49 Cr for FY 2024, up 75% year on year.
Russula was founded in 1988 and is headquartered in A Coruna, Spain. Engineering services are delivered by the company to support increased production in the steel and aluminium sectors. Operations focus on process optimization, plant design, and technical consulting for industrial clients. Expertise is applied across global projects, with a primary emphasis on manufacturing efficiency and sustainability in metal processing. Leadership is provided by CEO Eva Maneiro.
Russula offers Rolling Mills and Water Treatment Plants.
Russula has 2 investors. Key investors include European Union, and ICO Axispart.
Russula operates through Russula Automation And Engineering Solutions India Private Limited.
The legal entities of Russula currently have 3 directors, including Prakash Kumar Sahoo, Eva Maria Maneiro Diaz, Maria Xisela Maneiro Diaz.