#Končar

KONČAR and Siemens Energy open new facility in Sesvetski Kraljevec, boosting European manufacturing and power supply chains.

$184 M reconstruction will lift capacity to 110 MW, improve efficiency to 93 % and extend the hydropower plant’s life by at least 50 years.

The acquisition integrates NEOS’s software and analytics expertise, enhancing KONČAR’s capabilities in energy, telecommunications, finance, and public sector systems.

KONČAR – Digital signs $146 M framework deal with Croatia’s Ministry of Defence for counter-drone systems through 2029.

Croatian technology leader KONČAR teams up with Sanmina to develop customised medium-voltage transformers and expand in the US energy market.

Agreements with Statkraft cover generator upgrades at Sweden’s Skeen and Majenfors hydropower plants.

The factory expansion worth $300 M (€260 M) will boost transformer capacity to 45,000 MVA by 2031 and create 350 new jobs amid rising global grid demand.

KONČAR Power Transformers (KPT) is in the process of delivering six power transformers for a newly developed, privately owned data centre located in the European Union.

KONČAR and Vattenfall sign a $20 M deal to build a new substation in Sweden.

For the 34th time, the Croatian Managers’ & Entrepreneurs’ Association (CROMA) recognized outstanding business leaders, presenting its awards for 2024.

KONČAR has signed a Share Purchase Agreement on the purchase of a 75% ownership share in HELB Ltd.

Končar – Instrument Transformers has delivered 77 current, voltage, and combined transformers with voltage levels of up to 420 kV to Czech customers.

Končar – Elektroindustrija’s unit Končar – Metal Structures has produced and delivered its first transformer tank and accompanying equipment to Hitachi Energy Poland.

Končar – D&ST, together with Danish tech company Hans Folsgaard, has won a tender to deliver distribution transformers for a grid expansion project in eastern Denmark.

KONČAR has continued its trend of growth in the second quarter of 2024, closing the first half of 2024 with new business milestones.

Končar – Instrument Transformers has delivered 27 power and 15 voltage eco-conscious instrument transformers to Litgrid.

KONČAR – Transformer Tanks (KTK) will focus on manufacturing transformer tanks.

The companies have initiated a pilot project to manufacture ten distribution transformers with rated capacities of 100 and 800 kVA.

Find out about KONČAR’s legacy of over 100 years of delivering high-quality power engineering solutions.

The company has announced the results from the first quarter of the fiscal year.

The total value of the deal and the exact identity of the buyer weren’t disclosed.

The will be used in the Jafurah gas field’s development efforts.

The value of the deal wasn’t disclosed by Končar.

The delivery included 20 110 kV power transformers.