Arteche

What Arteche does

Arteche is a Spanish electrical equipment manufacturer founded in 1946 that develops hardware and solutions for measurement, monitoring, automation, and reliability of electrical transmission and distribution grids. Its core products include instrument transformers (high voltage, medium voltage IEC/IEEE-ANSI, low voltage, and digital/optical for HVDC), protection and control relays (trip, supervision, auxiliary, railway SIL 4), IEC 61850 substation automation systems, power quality solutions (capacitor banks, harmonic filters), automatic circuit reclosers, and emerging flywheel-based energy storage systems (FESS) via its Teraloop investment. The portfolio spans the full grid measurement and protection stack, with proprietary technology in Distributed Fiber Optic Sensors (DFOS, via its Uptech Sensing stake) and optical current transformers that differentiate it in HVDC and digital substation applications.

The company operates through direct enterprise sales teams located in regional offices worldwide, supported by 80+ customer assistance points across more than 150 countries. It serves utilities and grid operators (Iberdrola, REE, RTE, CFE, National Grid, ESKOM), renewable energy projects (wind and solar grid connections), railway operators (Singapore Metro), data centers, and HVDC transmission projects. Revenue is generated primarily through quote-based project sales of hardware complemented by technical services, training, and maintenance contracts. Following its 2021 direct listing on the Spanish continuous market (BME Growth), Arteche has pursued an active inorganic growth strategy under its 2024-2026 'Energizing Futures Together' plan, including the 2025 acquisitions of RTR Energia and SEG Electronics (€50.6M), a minority stake in Uptech Sensing (2026), a joint venture with Mondragon for Amets Power Electronics (2025), and a JV with Hitachi Energy for gas-insulated transformers (2022). FY2025 results were record: €508.4M revenue, €80.5M EBITDA, and €45.3M net profit.

Name

Arteche

Legal name

Arteche Lantegi Elkartea, S.A.

Website

https://arteche.com

Company type

Public

Founded year

1946

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Arteche is a Spanish electrical equipment manufacturer founded in 1946 that produces instrument transformers, protection relays, substation automation, and power quality solutions for utilities, renewable energy developers, railway operators, and data centers across 150+ countries.

Ownership category

akta.pro rank

Product category

Electrical Grid Measurement and Automation Equipment

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313), Relay and Industrial Control Manufacturing (335314), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Electrical Equipment Manufacturing (3353)

SIC

Switchgear & Switchboard Apparatus (3613), Electrical Industrial Apparatus (3620), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Protection, Control & Monitoring (Relays, RTUs, Fault Recorders, Condition Monitoring) (IMAGAAAD)

akta.pro secondary industries

Power Quality, Metering & Monitoring (HDACAJAG), Circuit Breakers, Disconnectors, Earthing Switches & Switchgear Components (EUADACAH), Industrial Control Cabinets & Power Distribution (Panels, Switchgear for Automation) (IMAHAHAK)

Keywords

• Instrument transformers
• Power grid automation
• Protection and control relays
• Substation automation systems
• Power quality solutions

Headquarters

HQ city

Muggia

HQ country

Italy

HQ region

Europe

Offices14 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Hardware Sales - Instrument Transformers: Sale of high voltage, medium voltage, and low voltage instrument transformers including current transformers, voltage transformers, and combined transformers for electrical measurement in power systems
2. Protection and Control Equipment: Trip, supervision and auxiliary relays, railway relays, and protection systems for substation automation and grid reliability
3. Power Quality Solutions: Capacitor banks, harmonic filters, and power quality solutions for grid-connected renewables ensuring grid code compliance
4. Substation Automation Systems: IEC 61850 control and automation devices, merging units, and substation automation engineering services
5. Technical Services and Support: Technical assistance, training, and maintenance services provided through 80+ customer assistance points worldwide

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Arteche designs, manufactures, and supplies electrical measurement and monitoring equipment (instrument transformers, sensors), protection and control relays (trip, auxiliary, railway, supervision), IEC 61850 substation automation systems, power quality solutions (capacitor banks, harmonic filters), automatic circuit reclosers, and flywheel-based energy storage systems. These hardware-based products are sold to utilities, grid operators, renewable energy developers, railway operators, and data center operators worldwide for transmission and distribution grid measurement, automation, and reliability.

Product overview

Arteche is a global technology company specializing in electrical measurement, monitoring, and grid automation solutions with over 75 years of experience. The product portfolio is organized as a comprehensive platform of hardware-based solutions spanning instrument transformers (high voltage, medium voltage IEC/IEEE, digital/optical), protection and control relays (auxiliary, trip, lockout, railway), substation automation systems (IEC 61850), power quality solutions (capacitor banks, harmonic filters), sensors, energy storage (flywheel systems), and automatic circuit reclosers. These products work together to enable electrical measurement, network automation, and grid reliability across transmission and distribution networks, with digital instrument transformers and IEC 61850 automation forming the foundation for modern digital substations.

Differentiator

Problem solved

Functional benefit

Brands

• Arteche Group: The parent brand for the global Arteche group of companies and subsidiaries
• Satech
• ESITAS
• Uptech Sensing
• Teraloop

Products and services

• High Voltage Instrument Transformers Instrument transformers for high voltage electrical measurement, including current transformers, inductive voltage transformers, combined transformers, and capacitive transformers with coupling capacitors for accurate measurement and protection in high voltage networks. Sold to utilities, transmission system operators, and industrial customers.
• Power Voltage Transformers Transformers designed for auxiliary power supply services in substations, providing reliable voltage transformation for substation auxiliary systems and equipment. Sold to utilities and substation operators.
• Digital Instrument Transformers Next-generation digital measurement solutions including optical current transformers for standard and HVDC applications, IEC 61850 stand-alone merging units, and optical transducers for industrial high-current applications enabling digital substations.
• IEC Medium Voltage Instrument Transformers Medium voltage instrument transformers compliant with IEC standards for outdoor and indoor installations, and low voltage applications for measurement and protection. Sold to utilities and industrial distribution network operators.
• IEEE/ANSI Medium Voltage Instrument Transformers Medium voltage instrument transformers compliant with IEEE/ANSI standards for outdoor and indoor installations, including primary metering units (PMU) for accurate power measurement. Targeted at North American and ANSI-standard market utilities.
• Medium Voltage Sensors Sensor solutions for medium voltage applications including voltage sensors, current sensors, combined sensors, and PLC-BPL couplers for communication in distribution automation. Sold to utilities and distribution automation integrators.
• Trip, Supervision and Auxiliary Relays Comprehensive relay portfolio including auxiliary relays (latching, instantaneous, time delay), trip and lockout relays (ANSI-94 master trip, ANSI 86 lockout), supervision relays, contactor relays, and relay sockets and accessories for substation protection. Sold to utilities, industrial customers, and railway operators.
• Railway Relays Specialized relays designed for railway and mass transit applications, meeting stringent safety and reliability requirements with SIL 4 certification for signaling and control systems. Sold to railway operators, signaling integrators, and rolling stock manufacturers.
• Secondary Injection Test Blocks Test equipment including secondary injection test blocks and test plugs for testing and commissioning protection and control systems without interrupting power system operation. Sold to utilities and protection system commissioning teams.
• Substation Automation Systems IEC 61850-based control and automation devices for digital substations including substation control units, remote input/output units, engineering software, and SCADA HMI solutions. Sold to utilities and grid operators building digital substations.
• Power Quality for Grid Connected Renewables Solutions for ensuring power quality and grid code compliance for renewable energy connections, including dynamic reactive power compensation and harmonic filtering for wind and solar farms. Sold to renewable energy developers and EPC contractors.
• Capacitor Banks and Harmonic Filters Power factor correction and harmonic filtering solutions for medium/high voltage and low voltage applications, including fixed and automatic capacitor banks, harmonic filters, and dynamic compensation systems. Sold to utilities, industrial customers, and renewable energy developers.
• Automatic Circuit Reclosers Automatic reclosing devices for medium voltage distribution networks (up to 38 kV) that automatically restore power after temporary faults, improving network reliability. Sold to distribution utilities.
• Protection of Mixed Overhead-Underground Lines Protection systems for hybrid transmission lines combining overhead and underground cable sections, including flexible current transformers, cable fault detectors, and optical multiplexers. Sold to transmission system operators managing mixed line assets.
• Power Grid Services Comprehensive services for power grid improvement including consulting, training, engineering and project management, cabinet construction, and ongoing support for Arteche solutions, delivered through 80+ customer assistance points worldwide.
• Flywheel Energy Storage Systems (FESS) Flywheel-based energy storage systems providing short-term high-power energy storage for grid stability, frequency support, and renewable integration applications. Sold to grid operators and renewable energy developers.

Quantifiable outcome

• Reduced carbon footprint by 28% in power voltage transformer UTP-145
• +2 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core, strategic, minor and flagship.

• SEG ElectronicscoreStrategic or Co-development Partner · 1 June 2026Arteche acquired 100% of German electrical equipment firm SEG Electronics for €50.6 million. The acquisition strengthens Arteche's range of medium-voltage protection relays, adds capabilities, strengthens teams, and expands technology offering with solutions that complement Arteche's portfolio in high-growth sectors such as data centers.
• Uptech SensingcoreStrategic or Co-development Partner · 1 March 2026Arteche acquired 35% minority stake in Uptech Sensing, a Navarre-based company specializing in distributed optical sensors (DFOS) and intelligent monitoring systems. The transaction positions Arteche among leading firms in DFOS technology and strengthens its grid automation business and position in optical sensors, digitalization, and advanced asset management. Enterprise value at 100% is approximately €11 million.
• RTR EnergiacoreStrategic or Co-development Partner · 1 July 2025Arteche acquired RTR Energia, strengthening its network reliability business line with complementary products and capabilities.
• Amets Power ElectronicsstrategicStrategic or Co-development Partner · 1 July 2025Joint venture between Arteche and Mondragon to create Amets Power Electronics, focusing on power electronics development for grid applications.
• EnnomotiveminorStrategic or Co-development Partner · 1 July 2025Collaboration with Ennomotive on an open innovation challenge to reinvent measurement transformers through sustainable and innovative approaches.
• TecnaliastrategicStrategic or Co-development Partner · 1 May 2025Arteche chose Tecnalia as its partner for promoting development of future power grids, combining research and industry expertise.
• Teraloop (via Arteche Ventures)strategicStrategic or Co-development Partner · 1 September 2024Arteche entered the energy storage business through strategic investment in Teraloop via Arteche Ventures, acquiring capabilities in flywheel-based storage systems (FESS) for grid support and frequency regulation.
• TeknikerstrategicStrategic or Co-development Partner · 1 January 2023Collaboration with Tekniker research center to achieve more sustainable electricity networks through joint R&D initiatives.
• EsitascoreStrategic or Co-development Partner · 1 September 2022Arteche acquired Esitas company as part of its growth and expansion plan, adding test laboratory services and capabilities in Turkey and Indonesia.
• Hitachi EnergyflagshipStrategic or Co-development Partner · 1 February 2022Joint venture between Arteche and Hitachi Energy for the gas insulated transformer market. The partnership combines Arteche's expertise in instrument transformers with Hitachi Energy's capabilities in power transformers, creating a strong position in the gas insulated equipment market.
• SDOcoreStrategic or Co-development Partner · 1 February 2022Arteche completed acquisition of SDO, acquiring 100% of the Australian company's shares. SDO provides protection solutions for mixed overhead-underground lines.

Scale indicators13 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Hitachi Energy: Hitachi Energy is the global leader in power grids, offering transformers, switchgear, protection and control, and IEC 61850 substation automation that directly competes with Arteche's portfolio. Notably, Arteche and Hitachi Energy operate a joint venture for gas-insulated instrument transformers, making them simultaneously partners and direct competitors in adjacent product lines.
• Trench Group: Trench Group (formerly Trench, now part of Siemens Energy) is a direct specialist peer in high-voltage instrument transformers, coils, and power quality equipment. Its narrow focus on instrument transformers makes it one of Arteche's closest direct competitors in utility-grade measurement products.
• Pfiffner Group: Pfiffner Group is a Swiss-based specialist in instrument transformers and high-voltage test equipment for transmission and distribution grids. It directly competes with Arteche's high-voltage and medium-voltage instrument transformer lines in utility markets across EMEA and Asia.

Broad incumbents

• Siemens Energy: Siemens Energy's Grid Technologies business provides instrument transformers, protection relays, HVDC systems, and substation automation across the full voltage range. It is a broad incumbent competing with Arteche for utility tenders globally, particularly in digital substations and HVDC.
• ABB: ABB's Electrification and Motion divisions offer instrument transformers, protection and control, substation automation, and power quality solutions across industrial and utility markets. Competes with Arteche across medium-voltage and digital substation product lines, with a broader portfolio and deeper channel reach.
• GE Vernova: GE Vernova's Grid Solutions business supplies instrument transformers, protection and control, HVDC, and grid automation products. As a broad incumbent, it competes with Arteche for major utility and renewable interconnection projects globally.
• Schneider Electric: Schneider Electric provides medium-voltage switchgear, protection relays, substation automation, and power management solutions through its Energy Management business. It is a broad incumbent competing with Arteche across distribution automation and power quality product categories.
• Eaton: Eaton's Electrical Americas and Global divisions deliver medium-voltage switchgear, instrument transformers, protection relays, and power quality solutions. As a broad incumbent, Eaton competes with Arteche in industrial and utility segments, particularly in North America and EMEA.

Emerging players

• Hubbell: Hubbell's Electrical Solutions segment supplies instrument transformers, insulators, and distribution products primarily for North American utilities. It is comparable to Arteche's IEEE/ANSI medium-voltage transformer line and competes for similar utility specifications.
• Powell Industries: Powell Industries manufactures metal-clad switchgear, power distribution centers, and protective relays for utilities and industrial customers. It is comparable to Arteche's medium-voltage and protection relay offerings and competes in similar utility and process industry tenders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/grupoarteche
• YouTubeyoutube.com/channel/UCnUcPXUxmjjQ03ThjxgwNYA
• Facebookfacebook.com/GrupoArteche
• LinkedInlinkedin.com/company/arteche
• Instagraminstagram.com/grupo_arteche

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries17 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arteche