KONČAR Group

{{Infobox company

| name = KONČAR – Elektroindustrija d.d.

| logo = KONCAR-logo.png

| type = Public

| traded_as = {{Zagreb Stock Exchange|KOEI-R-A}}

| foundation = {{start date and age|1921}}

| founder =

| location_city = Zagreb

| location_country = Croatia

| key_people = Gordan Kolak (CEO)

| area_served = Worldwide

| industry = Energy, Electrical traction, IT, Household appliances

| products = drive and energy technology, mobility and construction solutions, catering equipment, industrial electronics

| services = Maintenance and overhaul

| revenue = €1.055 billion {{small|(2024)}}{{cite web|url=https://koncar.hr/sites/default/files/dokumenti/financijski-izvjestaji/2025-02/Nerevidirani%20rezultati%20poslovanja%202024%20GRUPA%20KONCAR%20HRV.pdf|title=Konsolidirani rezultati poslovanja Grupe KONČAR|lang=hr}}

| operating_income =

| net_income = €163.341 million {{small|(2024)}}

| equity = €100.78 million {{small|(2017)}}

| assets = €590.25 million {{small|(2021)}}

| num_employees = 5,503 {{small|(2024)}}

| parent =

| 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.

| subsid =

| owner = Hrvatska poštanska banka {{small|(28.17%)}}
Addiko Bank {{small|(16.37%)}}
Société Générale {{small|(14.67%)}}
Splitska banka {{small|(13.97%)}}
Centar za restrukturiranje i prodaju {{small|(3.25%)}}
Others
{{small|(as of 31 December 2017)}}{{cite web |title=Izvješće o društveno odgovornom poslovanju 2017. |url=http://www.koncar.hr/wp-content/uploads/2018/06/Izvjesce-o-drustvenoj-odgovornosti-2017.pdf |website=koncar.hr |access-date=13 January 2019 |language=hr }}

| homepage = {{URL|koncar.hr}}

| dissolved =

| footnotes =

}}

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.{{cite web |title=Predsjednik Uprave Gordan Kolak otkriva kako je Končar potukao sve rekorde |url=https://www.poslovni.hr/hrvatska/koncar-potukao-sve-rekorde-13-milijarde-eura-novih-poslova-4430932 |website=poslovni.hr |access-date=27 February 2024}} During recent years, KONČAR has delivered its products and plants to more than 100 countries across all continents.{{Cite web |title=About Us |url=http://www.koncar.com/about_us |website=koncar.com}}

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.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.»{{Cite web|title=Ante Marković: Kako bih ja riješio ovu krizu|url=http://liderpress.hr/arhiva/67490/|author=Milan Gavrović|authorlink=|publisher=Lider|format=|date=15 February 2009|accessdate=1 November 2013|archive-url=https://web.archive.org/web/20131102120331/http://liderpress.hr/arhiva/67490/|archive-date=2 November 2013|quote=|url-status=dead}}

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.{{cite web |title=Končar |url=https://www.enciklopedija.hr/natuknica.aspx?ID=32723 |website=enciklopedija |access-date=27 August 2023}} 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.{{cite web |last1=Car |first1=Stjepan |title=DEVELOPMENT OF KONČAR THROUGHOUT HUNDRED YEARS OF HISTORY |url=https://hrcak.srce.hr/file/396791 |website=hrcak |access-date=27 August 2023}}

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.{{cite web |last1=Bičak |first1=Darko |title=FOTO: Pogledajte impresivan Končarev novi laboratorij za velike električne strojeve i pogon |url=https://www.poslovni.hr/domace/bljeskom-otvoren-koncarov-laboratorij-rijedak-u-svijetu-4372991 |website=poslovni.hr |access-date=26 August 2023}}

=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.{{cite web |title=KONČAR se na tržište Iraka vraća s najvećom referencom u povijesti |url=https://native.tportal.hr/native/koncar-se-na-trziste-iraka-vraca-s-najvecom-referencom-u-povijesti-krece-obnova-hidroelektrane-vrijedna-65-milijuna-eura/ |website=tportal.hr |access-date=26 August 2023}}

=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.{{cite web |title=Končar s austrijskim Verbundom potpisao dva ugovora vrijedna više od 10 milijuna eura |url=https://novac.jutarnji.hr/novac/aktualno/koncar-s-austrijskim-verbundom-potpisao-dva-ugovora-vrijedna-vise-od-10-milijuna-eura-15343664 |website=Jutarnji list |date=7 June 2023 |access-date=26 August 2023}}{{cite web |last1=Varošanec |first1=Suzana |title=Važan iskorak Končara na azijska tržišta, dobio velik posao u Japanu |url=https://www.poslovni.hr/domace/vazan-iskorak-koncara-na-azijska-trzista-dobio-velik-posao-u-japanu-4295908 |website=poslovni.hr |access-date=26 August 2023}}

=KONČAR – Electric Vehicles=

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

File:J32_950_Bf_Zagreb_gl._k.,_6_112_104.jpg|Croatian Railways new EMU vehicles

Image:Crotram 2271.JPG|Modern low-floor articulated TMK 2200 tram

Image:Tip 2100.jpg|Older TMK 2100 tram operating in Zagreb

=KONČAR – D&ST=

Develops and produces power transformers.{{cite web |last1=Tsoneva |first1=Annie |title=Croatia's Koncar D&ST proposes 50% higher dividend |url=https://seenews.com/news/croatias-koncar-dst-proposes-50-higher-dividend-819491 |website=SeeNews |access-date=26 August 2023}}

=KONČAR – Metal Construction=

Produces various metal components such as vehicle bogies, vacuum furnaces, transformer tanks, busbars and individual components for generators.{{cite web |last1=Crnjak |first1=Marija |title=Naši varioci velikih konstrukcija bacili rukavicu europskoj konkurenciji |url=https://www.poslovni.hr/domace/nasi-varioci-velikih-konstrukcija-bacili-rukavicu-europskoj-konkurenciji-309311 |website=poslovni.hr |access-date=26 August 2023}}

=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.{{cite web |title=Rekordna narudžba mjernih transformatora za SAD |url=https://www.energetika-net.com/energetsko-gospodarstvo/rekordna-narudzba-mjernih-transformatora-za-sad |website=energetika-net.com |access-date=31 August 2023}}

=KONČAR – Motors and Electrical Systems=

Low voltage motors and fans.

=KONČAR – Catering Equipment=

{{Infobox company

| name = KONCAR - Catering Equipment inc

| logo = File:Končar Logo.svg
{{Colors|darkblue|lightcyan|UGOSTITELJSKA OPREMA}}

| type = Limited liability company

| foundation = {{Start date|1946}} {{cite web|url=http://www.koncar-ugo.hr/o-nama.html|title=O nama - KONČAR - Ugostiteljska oprema d.o.o.|language=hr|access-date=25 August 2012|archive-url=https://web.archive.org/web/20120808200937/http://www.koncar-ugo.hr/o-nama.html|archive-date=8 August 2012|url-status=dead}}

| location_city = Zagreb

| location_country = Croatia

| key_people = Željko Tukec {{cite web|url=http://www2.hgk.hr/izvoznici/izvoznik.asp?mbr=3788717|archive-url=https://archive.today/20130217170922/http://www2.hgk.hr/izvoznici/izvoznik.asp?mbr=3788717|url-status=dead|archive-date=17 February 2013|title=HIO - Končar - Ugostiteljska oprema d.o.o.|publisher=Croatian Chamber of Economy|language=hr|access-date=25 August 2012}}

| industry = Professional catering equipment

| products =

| services = Design, manufacture, installation and servicing of professional catering equipment

| owner = Končar Elektroindustrija d.d.

| parent = KONČAR Group

| homepage = {{URL|www.koncar-ugo.hr}}

}}

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.{{cite web|title=SIemens Kroatien Webseite|periodical=|publisher=|url=https://www.siemens.com/history/en/countries/Croatia.htm|url-status=|access-date=25 June 2016|archive-url=|archive-date=|last=Siemens|date=25 June 2016|language=en|pages=|quote=}}

=KONČAR Home Appliances=

Producer of home appliances, sold to Lovato Electrics in 2019, together with Low-Voltage Switches.{{cite web |title=Končar prodao tvrtke Kućanski aparati i LE |url=https://www.poslovni.hr/domace/koncar-prodao-tvrtke-kucanski-aparati-i-le-352167 |access-date=26 August 2023}}{{cite web |title=Lovato-Končar |url=https://lovatokoncar.hr/proizvodni-program/grebenaste-sklopke/ |website=lovatokoncar.hr}}