KONČAR Group
KONČAR – Elektroindustrija d.d. is a Croatian electrical, transport and energy company based in the Trešnjevka neighborhood of Zagreb, Croatia.
Company type | Public |
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Traded as | ZSE: KOEI |
ISIN | HRKOEIRA0009 |
Industry | Energy, Electrical traction, IT, Household appliances |
Founded | 1921 |
Headquarters | Zagreb , |
Area served | Worldwide |
Key people | Gordan Kolak (CEO) |
Products | drive and energy technology, mobility and construction solutions, catering equipment, industrial electronics |
Services | Maintenance and overhaul |
Revenue | €928.8 million (2023) |
Net income | €73.2 million (2023) |
Total assets | €590.25 million (2021) |
Total equity | €100.78 million (2017) |
Owner | Hrvatska poštanska banka (28.17%) Addiko Bank (16.37%) Société Générale (14.67%) Splitska banka (13.97%) Centar za restrukturiranje i prodaju (3.25%) Others (as of 31 December 2017) |
Number of employees | 5,271 (2023) |
Divisions | KONČAR - Power Plant and Electric Traction Engineering Inc. KONČAR - Elektronics and Informatics Inc. KONČAR - Institute for Electrical Engineering Inc. KONČAR - Power Transformers Ltd. KONČAR - Distribution and Special Transformers Inc. KONČAR - Electric Vehicles Inc. KONČAR - Power Plant and Electric Traction Engineering Inc. KONČAR - Household Appliances Ltd. KONCAR – Catering Equipment Inc. |
Website | koncar |
Listed on the Zagreb Stock Exchange being constituent of CROBEX, the company consists of 16 subsidiary companies (as of 2017), employing a staff of 5,271. Annual sales account for 901 million euros, of which 73% are exports. During recent years, KONČAR has delivered its products and plants to more than 100 countries across all continents.
KONČAR dates from 1921, when a modest but at the time highly significant manufacture of electrical motors commenced in Zagreb. The company is named after World War II resistance fighter Rade Končar.
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