KONČAR Group

KONCAR - Catering Equipment inc
	; UGOSTITELJSKA OPREMA
Company type	Limited liability company
ISIN	HRKOEIRA0009
Industry	Professional catering equipment
Founded	1946
Headquarters	Zagreb, Croatia
Key people	Željko Tukec
Services	Design, manufacture, installation and servicing of professional catering equipment
Owner	Končar Elektroindustrija d.d.
Parent	KONČAR Group
Website	www.koncar-ugo.hr

KONČAR – Elektroindustrija d.d.
Company type	Public
Traded as	ZSE: KOEI
ISIN	HRKOEIRA0009
Industry	Energy, Electrical traction, IT, Household appliances
Founded	1921; 103 years ago
Headquarters	Zagreb, Croatia
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.hr

KONČAR – Elektroindustrija d.d. is a Croatian electrical, transport and energy company based in the Trešnjevka neighborhood of Zagreb, Croatia.

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.^[3] During recent years, KONČAR has delivered its products and plants to more than 100 countries across all continents.^[4]

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.^[5]^[6]

History

The company was founded by two engineers in 1919, formally registered on 24 January 1921 under the name of 'Elektra'. It became a subsidiary of Siemens shortly after that same year. Following World War II, it was nationalised and renamed after Rade Končar, a communist resistance fighter, then finally shortened to Končar in 1991.^[7] Notable milestones for the company include the production and delivery of the first electric motor using a varnished wire in 1930, and in 1948 it produced its first generator.

Since then it produced over 400 thousand transformers, 700 generators and delivered around 200 units of rolling stock.^[8]

Divisions

KONČAR – Electrical Engineering Institute

An accredited institute which develops solutions for transformers, rotational machines, sensors, high voltage equipment and railway components and systems.

This includes the development, testing and production of electronics, including displays, for the control and monitoring of railway vehicles, transformers and rotational machines, including laboratory equipment.^[9]

KONČAR – Electronics and Informatics (INEM)

Develops and produces traction systems, such as inverters for trains, coaches and trams. It produces electronic equipment for the energy sector, as well as various ICT solutions for industrial use.^[10]

KONČAR – Engineering

Founded in 1991, it offers engineering services in construction, energy and railway infrastructure. It produces wind turbines.

KONČAR – Generators and Motors

The division develops and produces large generators for power plants, electric motors for low-floor trams, EMUs, ships, compressor hubs and various other industrial uses.^[11]^[12]

KONČAR – Electric Vehicles

Produces low-floor trams, electric multiple units and moving bases since 1970.

Croatian Railways new EMU vehicles
Modern low-floor articulated TMK 2200 tram
Older TMK 2100 tram operating in Zagreb

KONČAR – D&ST

Develops and produces power transformers.^[13]

KONČAR – Metal Construction

Produces various metal components such as vehicle bogies, vacuum furnaces, transformer tanks, busbars and individual components for generators.^[14]

KONČAR – Switchgear

The division manufactures electrical equipment for transmission and distribution of electricity. The production capacities are located at two locations.

KONČAR – Instrument Transformers

Develops and produces medium voltage instrument transformers.^[15]

KONČAR – Motors and Electrical Systems

Low voltage motors and fans.

KONČAR – Catering Equipment

KONČAR — Catering Equipment Ltd. is an industrial company that operates within the KONČAR Group. The company was founded in 1946 and specializes in the design, manufacture, installation and servicing of professional catering equipment.

Since 1994, Končar has been working with Siemens as part of the Končar Power Transformers (KPT) joint venture, manufacturing power transformers at the Zagreb plant.^[18]

KONČAR Home Appliances

Producer of home appliances, sold to Lovato Electrics in 2019, together with Low-Voltage Switches.^[19]^[20]

Products

Railway
- Locomotives
  - HŽ series 1141
  - HŽ series 1142
- DMU and EMU
  - HŽ series 6112
  - HŽ series 7022
- Tram and light rail

References

^ ^a ^b ^c "Konsolidirani rezultati poslovanja Grupe KONČAR" (PDF) (in Croatian).
^ ^a ^b ^c "Izvješće o društveno odgovornom poslovanju 2017" (PDF). koncar.hr (in Croatian). Retrieved 13 January 2019.
^ "Predsjednik Uprave Gordan Kolak otkriva kako je Končar potukao sve rekorde". poslovni.hr. Retrieved 27 February 2024.
^ "About Us". koncar.com.
^ Цитата з виставки SKRIVENI DIZAJN – ODJEL DIZAJNA KONČAR 1971. - 1990: «Одне з найбільших підприємств у колишній Югославії, «SOUR Rade Končar», яке іноді давало роботу і 25 000 працівників на багатьох заводах від Самобора до Скоп'є. З асортиментом виробів від праски до локомотива і мега-проектами в ста країнах. «Кончар» був справді вітчизняним (і не тільки) промисловим гігантом. Поставки для незліченних електростанцій від Ісландії до Індії і ядерні інститути у Швейцарії і Великій Британії потребували і постійних капіталовкладень у розвиток своїх власних дослідницьких ресурсів.»
^ Milan Gavrović (15 February 2009). "Ante Marković: Kako bih ja riješio ovu krizu". Lider. Retrieved 1 November 2013.
^ "Končar". enciklopedija. Retrieved 27 August 2023.
^ Car, Stjepan. "DEVELOPMENT OF KONČAR THROUGHOUT HUNDRED YEARS OF HISTORY". hrcak. Retrieved 27 August 2023.
^ Bičak, Darko. "FOTO: Pogledajte impresivan Končarev novi laboratorij za velike električne strojeve i pogon". poslovni.hr. Retrieved 26 August 2023.
^ "KONČAR se na tržište Iraka vraća s najvećom referencom u povijesti". tportal.hr. Retrieved 26 August 2023.
^ "Končar s austrijskim Verbundom potpisao dva ugovora vrijedna više od 10 milijuna eura". Jutarnji list. 7 June 2023. Retrieved 26 August 2023.
^ Varošanec, Suzana. "Važan iskorak Končara na azijska tržišta, dobio velik posao u Japanu". poslovni.hr. Retrieved 26 August 2023.
^ Tsoneva, Annie. "Croatia's Koncar D&ST proposes 50% higher dividend". SeeNews. Retrieved 26 August 2023.
^ Crnjak, Marija. "Naši varioci velikih konstrukcija bacili rukavicu europskoj konkurenciji". poslovni.hr. Retrieved 26 August 2023.
^ "Rekordna narudžba mjernih transformatora za SAD". energetika-net.com. Retrieved 31 August 2023.
^ "O nama - KONČAR - Ugostiteljska oprema d.o.o." (in Croatian). Archived from the original on 8 August 2012. Retrieved 25 August 2012.
^ "HIO - Končar - Ugostiteljska oprema d.o.o." (in Croatian). Croatian Chamber of Economy. Archived from the original on 17 February 2013. Retrieved 25 August 2012.
^ Siemens (25 June 2016). "SIemens Kroatien Webseite". Retrieved 25 June 2016.
^ "Končar prodao tvrtke Kućanski aparati i LE". Retrieved 26 August 2023.
^ "Lovato-Končar". lovatokoncar.hr.