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BAS2 building automation system
The main focus for Bastec is developing and marketing systems for building automation (HVAC). Our key product is BAS2, which is primarily used to control and monitor ventilation, heating, cooling and other technical systems in buildings.
Our goal since the beginning has been to offer the Swedish market the most easy-to-use and most flexible system which gives the lowest total cost.
Early on our customers were mainly end-users, major estate companies and property managers. Today we have a partner network of about 80 system integrators in Sweden. Sales are made primarily through these partners. They perform customer projects and contracts based on BAS2, delivering the best solutions to real estate companies, building companies etc. In the Malmö region we still conduct our own contracts and customer projects.
Today about 5000 BAS2-systems is installed in almost all kinds of buildings, ranging from small office buildings up to large hospital areas. One of our biggest installations so far is in the research facility MAX IV Laboratory in Lund, which will be completed in 2016.
Bastec, Latour and Bemsiq
Bastec is based in Malmö, in the south part of Sweden, close to Copenhagen in Denmark. The company was founded in 1989 by four students at the Institute of Technology – University of Lund. It started as a privately owned company, with many of the shareholders employed by the company.
On July 1st 2014 Bastec AB was acquired by Investment AB Latour, through its business area Latour Industries AB. The purchase did not change our business plan and we will continue as an independent company with focus on our main product BAS2. Since 2016 Bastec is part of Latour Industries subsidiary business group Bemsiq AB, together with their other companies active in building automation and energy management.
Our annual turnover is approx. USD 6 million. Our economy is very solid and we have the highest possible credit rating (AAA). We employ 32 people today and will continue to grow for the years to come.