KONČAR Group

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KONČAR - Elektroindustrija d.d.
Type Public
Traded as ZSEKOEI
Industry Energy, Electrical traction, IT, Household appliances
Founded 1921
Headquarters Zagreb, Croatia
Key people Darinko Bago (CEO)
Services Maintenance and overhaul
Revenue Increase HRK 2.744 billion (2012)[1]
Operating income Increase HRK 93.8 million (2012)[1]
Net income Decrease HRK 178.3 millions (2012)[1]
Total assets Increase HRK 3.531 billion (2012)[1]
Owners Hrvatska poštanska banka (28.17%)[1]
Employees 3,898 (2012)[1]
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 www.koncar.hr

The KONČAR Group is an electrical, transport and energy company based in Zagreb, Croatia.

Listed on the Zagreb Stock Exchange, the company consists of some 20 dependent companies, employing a staff of 4,000. Annual sales account for 400 million, of which half are exports.[1] During recent years KONČAR has delivered its products and plants to more than 100 countries across all continents.[2]

In 2012 the most important KONČAR export market was Germany (11 % of exports), followed by Sweden, Czech Republic, Bosnia and Herzegovina, Finland, Turkey, Serbia, Austria, Slovenia, Kosovo and Russia.[1]

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. Company is listed on Zagreb Stock Exchange being constituent of CROBEX. The largest shareholder (28.17%) of company is Hrvatska poštanska banka (through Kapitalni fond).[1]

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