Annual rank13
Croatia · Industrials
Koncar Group
Provides generators, transformers, trams, hydropower plants, transformer substations and related products, services and solutions.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
Energy systems, electric mobility and digital infrastructure
KONČAR is a Croatian industrial group whose four operating areas connect power generation, transmission and distribution, urban mobility and digital infrastructure. Its member companies design and manufacture generators, transformers, switchgear, trams, trains, power electronics and control software, then combine those building blocks in complete plants and transport systems. The result is an unusual portfolio that reaches from a hydro generator or 420 kV substation to a battery train and the software supervising a city's services.
Energy systems
From generators and solar plants to 420 kV substations
KONČAR designs, builds, revitalises and services power plants, manufacturing generators, excitation and control systems, transformers and switchgear inside the group. Donja Dubrava pairs 23,114 panels and 44 inverters with PROZA NET control; the Ernestinovo and Žerjavinec substations show the same model at 400 kV grid scale.
- Power-generation systems Hydro, solar, wind and thermal plants from design through service
- Inside Donja Dubrava solar plant 12.36 MWp, 23,114 panels and KONČAR's PROZA NET control
- Grid products and turnkey substations 110–420 kV systems plus compact stations for renewables and data centres
- Rebuilding Croatia's 400 kV backbone Ernestinovo and Žerjavinec reconnected two power-system zones
Electric mobility
Trams, trains and charging infrastructure are developed together
The rail portfolio spans low-floor trams, EMUs, DMUs, battery multiple units and the traction, signalling and charging systems around them. Croatia's first domestically produced battery train entered service in 2025: a 42-metre vehicle reaching 120 km/h, with an optimal range near 100 km and a 27-minute charge from KONČAR's 1 MW station.
- The complete rail portfolio Vehicles, propulsion, signalling, charging and port electrification
- Explore the low-floor tram Modular interiors, fleet control and more than 100 million km in service
- Croatia's first battery train Vehicle dimensions, range, charging and passenger features
- ▶ VideoWatch the battery train story KONČAR's official English World Engineering Day film
Digital layer
PROZA software turns equipment into managed infrastructure
PROZA Station supervises power and gas plants; PowerCIM connects grid-management systems; MARS meters and analyses energy, water and city services. In Karlovac, MARS became a common layer for parking, school energy use, air quality, weather, water meters, waste containers and thermal substations.
- Meet the PROZA platforms Station, PowerCIM, MARS and data-centre control
- Digital control for energy systems Monitoring and management across power plants and grids
- How MARS supports cities Infrastructure, lighting, parking, water and environmental monitoring
- Smart City Karlovac A named deployment connecting municipal services in one platform
Group architecture
Independent specialists combine around complex assignments
KONČAR reports 16 subsidiaries and one associate, a transformer-tank venture with Siemens Energy. Members retain their own management while contributing products to shared solutions; the group says its products, services and solutions are installed in 140 countries worldwide. The lineage began with Elektra in 1921. D&ST and Dalekovod are separately listed issuers in this ranking, so their standalone activities remain in their own profiles.
- Meet the specialist companies Sixteen subsidiaries and the Siemens Energy associate
- KONČAR equipment in 140 countries The four segments and examples of installed products
- A manufacturing story since 1921 From Elektra to today's electrical-industry group
- How investment follows the strategy Audited 2025 sustainability and EU-Taxonomy indicators
- D&ST's separate listed shares KODT ordinary and KODT2 preferred shares on Zagreb's Official Market
- Dalekovod's separate listing DLKV ordinary shares on Zagreb's Official Market
Official profile sources: KONČAR | Home
Current 2026 update
What has changed in 2026?
Contracts signed 16 July 2026 · 16 July 2026
Contracts signed 16 July 2026latest official update
4company-specific highlights
+47%2026 stock return · context only
First-quarter sales
Sales revenue reached EUR 330.5 million, 8.0% above the comparable quarter.
First-quarter profit and EBITDA
Net profit was EUR 72.7 million, EUR 7.6 million above the prior year; EBITDA was EUR 79.1 million, up EUR 9.5 million, with a 23.9% margin.
New contracts and order backlog
New contracts totalled EUR 585.0 million in the quarter; backlog exceeded EUR 2.9 billion, EUR 759.5 million above March 2025.
Battery-train project
Contracts were signed for six battery-electric multiple units and a hybrid charging station; the total project value is EUR 53.6 million.
Official 2026 sources: KONČAR secures €585 million in new contracts in Q1 and records an all-time high backlog of €2.9 billion · 29 April 2026 · Contracts signed for six battery electric multiple units and a hybrid charging station · 16 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 | 13 | +88% | +325% | +527% |