Annual rank9
Croatia · Industrials
Dalekovod
Designs and manufactures power infrastructure and has expanded from energy into transportation and information-and-communication technology.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
Grid engineering, specialist hardware and field delivery
Dalekovod is a Croatian engineering group that designs, manufactures and constructs electricity and transport infrastructure. Dalekovod-Projekt supplies engineering, Dalekovod OSO makes specialist overhead-line hardware, and Dalekovod d.d. delivers projects in the field. Its work ranges from 750 kV substations and long-distance transmission lines to railway electrification, with Norway and Sweden among its principal international markets.
Operating model
Design, hardware and construction sit in one group
Dalekovod-Projekt prepares power, transport, renewable-energy and communications designs; engineers use drones plus optical, thermal and laser cameras for surveys and condition analysis. Dalekovod OSO supplies line hardware, while the construction business carries projects through assembly, testing and commissioning.
- How the group is organised Design, production, construction and specialist subsidiaries
- Engineering and digital surveys Power, rail, renewable and communications design capabilities
- Specialist line equipment Suspension, joining, conductor and vibration-control hardware
- Turnkey construction Lines, substations, rail systems, tunnels and communications
Equipment and systems
From laboratory-tested fittings to 750 kV substations
At Velika Gorica, Dalekovod OSO develops and tests fittings and damping systems for overhead networks, with an accredited laboratory supporting product verification. Project references extend from the multi-voltage Plat substation in Croatia to the 750/330 kV Kijevska installation in Ukraine and a 390 km, 500 kV line designed, supplied and built with local subcontractors in Kazakhstan.
- Inside the testing laboratory Mechanical, electrical and vibration testing for grid and rail equipment
- Substations up to 750 kV Named Croatian, Ukrainian and Bosnian references
- A 390 km line in Kazakhstan Design, supply and construction of the 500 kV Agadyr–YuKGRES route
- Line-hardware range Fittings, vibration controls and systems for high-temperature conductors
Projects in the field
Fjords, German corridors and a Croatian railway
On Norway's Vik-Sogndal line, crews are installing 50-metre towers for a fjord crossing in demanding wind and terrain. In Germany, the Landesbergen-Borken programme covers a 30 km section of 380/220/110 kV rehabilitation. The Dugo Selo-Križevci railway combines 35 km of reconstructed track, 35 km of new track and four stations.
- Vik-Sogndal fjord crossing A 420 kV Norwegian project using 50-metre towers
- Landesbergen-Borken Rehabilitation of a multi-voltage German transmission corridor
- Dugo Selo-Križevci railway Track, electrification, signalling and station modernisation
- ▶ VideoWatch the railway project Official language-neutral field footage with an English title and description
Recent project momentum
Three 2026 wins point to a wider European pipeline
By the 28 July cutoff, Dalekovod had announced a selected €135 million German grid bid, four Swedish design contracts covering nearly 600 km of 400 kV lines, and consortium contracts totaling €53.76 million for a 131.25 MW wind farm and its grid connection in North Macedonia. These are recent project milestones, presented separately from the financial measurements.
- €135m German grid selection Ovenstädt-Eickum conductor and suspension replacement
- Nearly 600 km of Swedish design work Four 400 kV programmes led with engineering partner Tyréns
- North Macedonian wind project Two consortium contracts for wind-farm works and the 400 kV grid connection
- International operating footprint Subsidiaries and branches across Nordic and other markets
Official profile sources: Beginnings & Development | Dalekovod
Current 2026 update
What has changed in 2026?
Wind-farm project announced 23 July 2026 · 23 July 2026
Wind-farm project announced 23 July 2026latest official update
4company-specific highlights
+90%2026 stock return · context only
First-quarter operating revenue
Operating revenue was EUR 62.7 million, 13.1% above the first quarter of 2025.
First-quarter EBITDA and net profit
EBITDA rose to EUR 7.3 million from EUR 4.0 million, while net profit rose to EUR 6.3 million from EUR 3.0 million.
Cash flow and segment declines
Operating cash flow fell to EUR 6.24 million from EUR 8.50 million and net cash flow reversed to negative EUR 3.97 million from positive EUR 5.29 million; Infrastructure revenue fell 10% and Dalekovod Mostar revenue 13%.
Wind-farm contract
Dalekovod and KONČAR were awarded a EUR 53.76 million wind-farm contract covering 21 turbines and 131.25 MW of installed capacity.
Official 2026 sources: Dalekovod Group unaudited financial report for Q1 2026 · 27 April 2026 · KONČAR and Dalekovod Awarded €53.76 Million Wind Farm Project · 23 July 2026
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 9 | +104% | +1466% | +268% |