Smulders Projects Belgium N.V.
Smulders Projects Belgium N.V., a Belgian Eiffage SA subsidiary, is an EPC contractor that designs and fabricates heavy steel foundations, offshore substations, and HVDC converter platforms for European and North American offshore wind developers and transmission system operators.
- Company typePrivate
- Founded1966
- HeadquartersArendonk, Belgium
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Smulders Projects Belgium N.V. does
Smulders Projects Belgium N.V. is a Belgian EPC contractor and wholly-owned subsidiary of Eiffage SA (the French construction group listed on Euronext Paris) that engineers, fabricates, and assembles heavy steel structures for the offshore wind and civil infrastructure markets. The company manufactures offshore wind foundations — transition pieces, jackets, monopile outfitting, and floating foundations — and builds high-voltage offshore substations (HVAC transformer modules, topsides, jackets), with a cumulative track record of more than 3,000 transition pieces, 160 jackets, and 6 floating foundations delivered across Western Europe, Asia, and the United States. Operations span ten production and assembly yards in Belgium (Arendonk HQ, Hoboken, Balen), the Netherlands (Vlissingen, Schiedam), Poland (Żary, Niemodlin, Łęknica), France (Fos-sur-Mer), and the United Kingdom (Wallsend), employing more than 2,400 people.
The business model is project-based EPC revenue won through competitive tendering with transmission system operators, wind farm developers, and main contractors. Multi-year contracts are typically structured as one-time project revenue with billing across engineering, procurement, fabrication, transport, and installation/commissioning milestones. Customers include tier-1 European wind developers (Ørsted, Equinor, Ocean Winds, ScottishPower Renewables, Baltic Power/PKN Orlen) and TSOs (Elia, 50Hertz, TenneT), with marquee projects including Dogger Bank (3.6 GW), Hornsea 3, Bałtyk 2&3 (1.44 GW), Empire Wind 1, East Anglia TWO, Hollandse Kust West Beta, and the world's first artificial energy island (MOG2 for Elia). Pricing and contract values are not publicly disclosed; awards are negotiated. A smaller onshore civil-infrastructure line generates revenue from bridges, pontoons, locks, and industrial steel structures.
Smulders has moved beyond pure fabrication into systems integration for offshore wind farms and HVDC converter platforms. Two anchor consortiums structure its addressable pipeline: NSORe (an equal joint venture with Neptun Werft / Meyer Werft Group, with Siemens Energy as equipment partner) targets HVDC converter platforms and won the 2 GW North Sea Connector 2 converter station for 50Hertz in 2026; and the HSI Joint Venture (Smulders HSM plus Iv) handles offshore substation EPCIC including OSS Jasmund, OSS Zingst & Darß, and Modular Offshore Grid 2. The company is certified to ISO 9001, 14001, 45001, and 50001, holds CO2 Performance Ladder Level 5 and EN 1090-1, and is a UN UNITAR SDG Ambassador (2020). Smulders is now extending geographically into North America via a 2026 Teaming Agreement with Riggs Distler and Cherubini for the Canadian (Nova Scotia) offshore wind supply chain.
Smulders Projects Belgium N.V. firmographics
Firmographics- Name
- Smulders Projects Belgium N.V.
- Legal name
- SMULDERS GROUP NV
- Website
- https://smulders.com
- Company type
- Private
- Founded year
- 1966
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Smulders Projects Belgium N.V., a Belgian Eiffage SA subsidiary, is an EPC contractor that designs and fabricates heavy steel foundations, offshore substations, and HVDC converter platforms for European and North American offshore wind developers and transmission system operators.
- Ownership category
- akta.pro rank
Smulders Projects Belgium N.V. industry classification
Industry- Product category
- Offshore Wind Infrastructure
- NAICS
- Other General Purpose Machinery Manufacturing (3339)
- SIC
- General Industrial Machinery & Equipment, Nec (3569)
- akta.pro primary industry
- Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF)
- akta.pro secondary industry
- Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI)
Keywords
Where Smulders Projects Belgium N.V. is headquartered
LocationHeadquarters
- HQ city
- Arendonk
- HQ country
- Belgium
- HQ region
- Europe
Offices10 records
Markets served
Smulders Projects Belgium N.V. business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D
Revenue model
- EPC Contracts for Offshore Wind Infrastructure: Smulders generates revenue through Engineering, Procurement, Construction and Installation/Commissioning contracts for offshore wind foundations, substations, and converter platforms. Revenue is project-based, one-time contract revenue with long project timelines typically spanning several years.
- Civil and Industrial Steel Structures: Revenue from construction of heavy, technically complex civil and industrial steel structures including bridges, pontoons, locks, and architectural structures. Project-based contracts for onshore infrastructure.
- System Integration Services: As a systems integrator for offshore wind farms, Smulders provides integrated engineering, procurement, and construction services that bundle multiple deliverables into turnkey solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | No public pricing available - project-based EPC contracts only |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Smulders Projects Belgium N.V. product offering
Product offeringCore offering
Smulders is a multidisciplinary EPC contractor that engineers, produces, delivers, and assembles heavy, technically complex steel structures for offshore wind farms and civil infrastructure. The company serves as a system integrator for offshore wind farms, delivering foundations (transition pieces, jackets, floating foundations), high-voltage substations, and HVDC converter platforms through turnkey engineering, procurement, construction, and commissioning contracts awarded by transmission system operators and wind farm developers.
Product overview
Smulders is a multidisciplinary EPC (Engineering, Procurement & Construction) contractor specializing in heavy, technically complex steel structures and serves as a system integrator for offshore wind farms. The product portfolio comprises four interconnected offerings: Offshore Foundations (transition pieces, jackets, and floating foundations that support wind turbines at sea), Offshore Platforms (high-voltage substations, transformer modules, topsides, and jackets for wind farm grid connection), NSORe (a joint venture with Neptun Werft focused on next-generation HVDC converter stations for long-distance power transmission), and Onshore Solutions (civil infrastructure including bridges, pontoons, and industrial structures). Projects span Western Europe, Asia, and the United States, with key facilities in Belgium, Netherlands, Poland, France, and the UK. As a subsidiary of Eiffage, the company leverages group resources while maintaining specialized expertise in offshore wind energy infrastructure.
Differentiator
Problem solved
Functional benefit
Brands
- NSORe (Neptun Smulders Offshore Renewables): Joint venture between Neptun Werft and Smulders dedicated to HVDC offshore substation projects
- HSI Joint Venture
Products and services
- Offshore Foundations Engineering and construction of transition pieces, jackets, and floating foundations for offshore wind turbines. Smulders has built over 3,000 transition pieces, 160 jackets, and 6 floating foundations across Western Europe, Asia, and the United States. Delivered to offshore wind developers and operators.
- Offshore Platforms Turnkey delivery of high-voltage substations and their foundations for offshore wind farms, including HVAC transformer modules, topsides, and jackets. Also provides infrastructure solutions for the oil and gas sector. Delivered via EPC contracts to wind farm developers and transmission system operators.
- NSORe (Neptun Smulders Offshore Renewables) Equal joint venture between Smulders and Neptun Werft (Meyer Werft Group) dedicated to HVDC (High Voltage Direct Current) offshore converter station projects. Offers fully integrated, turnkey solutions from design through delivery for next-generation HVDC projects in European and US offshore wind markets.
- Onshore Solutions Construction of heavy, technically complex civil and industrial steel structures including architectural buildings, bridges, pontoons, industrial plants, power stations, and cranes. Delivered to government agencies and main contractors for civil infrastructure projects.
Quantifiable outcome
- Dogger Bank will power 6 million British households with 3.6 GW capacity
- +4 more outcomes
Companies that use Smulders Projects Belgium N.V.
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles3 records
Smulders Projects Belgium N.V. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Smulders Projects Belgium N.V. partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Neptun Werft (Meyer Werft Group)coreNSORe (Neptun Smulders Offshore Renewables) is an equal joint venture dedicated to HVDC offshore substation projects. Combines Neptun Werft's shipbuilding heritage and production capacity with Smulders' offshore wind expertise. Responsible for engineering and constructing converter platforms including topsides and jacket foundations.
- Siemens EnergycoreNSORe consortium partner for North Sea Connector 2 project. Siemens Energy provides high-voltage transmission technology including onshore station while NSORe constructs the converter platform. Approximately 95% of equipment manufactured at Siemens Energy's German facilities.
- H2DO / H2sea / Haskoning / TCI Risk Management / ECHT Regie in TransitieminorConsortium for feasibility and concept design studies for offshore green hydrogen production (30-50 MW capacity) using surplus electricity from offshore wind farms. Project aims to ease grid congestion and contribute to Hamburg Declaration goals for North Sea clean energy hub. Smulders HSM part of engineering consortium.
- Riggs DistlerminorTeaming Agreement signed at WindEurope 2026 to support fabrication and delivery of offshore wind infrastructure in Nova Scotia, Canada. Combines U.S. and European offshore wind expertise with Canadian fabrication capabilities to support Canada's 5 GW offshore wind target by 2030.
- Cherubini Bridges & StructuresminorTeaming Agreement partner providing over 250,000 square feet of fabrication space with direct quayside and marine vessel access in Nova Scotia. Supports local production of wind components for Canadian offshore wind market.
- Searénité Consortium (Chantiers de l'Atlantique, EDF Power Solutions, Heerema Marine Contractors, Menck, RTE, Sealence)minorSeven companies formed the Searénité consortium to develop SubSea Quieter technology for underwater noise reduction in floating wind and jacket foundation installations. Project backed by €7.1 million funding under France's France 2030 program. Prototype trials scheduled for 2028 at Port of Saint-Nazaire.
- Eiffage SA (Parent Company)coreSmulders is a subsidiary of Eiffage SA, a major French construction and concessions group. Eiffage provides corporate backing and allows Smulders to leverage group expertise in steel construction and marine works (e.g., Herbosch-Kiere partnership for pontoon projects).
- HSM Offshore EnergycoreHSI Joint Venture (with Iv) formed mid-2024 through integration of HSM Offshore Energy and Smulders. Responsible for EPCIC of offshore substations including OSS Jasmund, OSS Zingst & Darß, and Modular Offshore Grid 2. Prefabrication at Schiedam facilities, final assembly at Vlissingen.
- Iv (Engineering Firm)coreHSI Joint Venture partner for offshore substation projects. Provides engineering expertise alongside Smulders HSM fabrication capabilities. Engineering for Modular Offshore Grid 2 done from Iv office in Papendrecht.
- SifcoreConsortium partner for offshore wind foundations. Dogger Bank project: Sif manufactured monopiles and primary steel for transition pieces; Smulders manufactured secondary steel, assembly, coating and testing. For East Anglia TWO and Bałtyk 2 & 3, Sif supplies monopiles and primary steel while Smulders handles transition pieces and outfitting.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Smulders Projects Belgium N.V. competitors and assessment
Company assessmentDirect peers
- Sif Group: Dutch manufacturer of monopiles and primary steel for offshore wind foundations, working with Smulders as consortium partner on Dogger Bank, East Anglia TWO, and Bałtyk 2&3. Directly comparable in offshore wind foundation fabrication.
- EEW SPC: German manufacturer of large-diameter monopiles for offshore wind, one of the leading global suppliers. Directly competes in the same offshore wind foundation fabrication category as Smulders.
- Bladt Industries: Danish manufacturer of offshore wind foundations, transition pieces, and substations. Direct peer in heavy steel fabrication for offshore wind with overlapping customer base across European developers.
- Lamprell: UAE-based fabrication specialist for offshore wind jackets and foundations serving European projects. Direct peer in jacket and foundation EPC for offshore wind farms.
- Aibel: Norwegian EPC contractor for offshore substations and HVDC platforms serving North Sea offshore wind developers. Directly competes with Smulders HSM in offshore substation EPCIC.
- Heerema Marine Contractors: Dutch offshore installation contractor for offshore wind foundations, substations, and jackets. Consortium partner with Smulders in the Searénité underwater noise reduction project; comparable in offshore wind infrastructure delivery.
- Chantiers de l'Atlantique: French shipyard that builds offshore substations and HVDC platforms for offshore wind. Customer of Smulders for Centre Manche 1&2 jackets but also competes for offshore platform EPCIC contracts.
Broad incumbents
- McDermott International: Global offshore EPC contractor serving oil & gas and offshore wind with subsea and platform capabilities. Broader portfolio than Smulders but overlaps on offshore wind platform fabrication and installation.
- Saipem: Italian offshore and onshore EPC contractor serving offshore wind and oil & gas with platform fabrication, installation, and EPCI capabilities. Larger and more diversified but addresses overlapping offshore wind infrastructure projects.
- Hitachi Energy: Global leader in HVDC transmission technology and supplier to NSORe for North Sea Connector 2. Comparable in HVDC offshore platform space but from the power systems/equipment side rather than structural fabrication.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Smulders Projects Belgium N.V. social profiles
Digital presenceSmulders Projects Belgium N.V. compliance and trust
Trust signalCompliance7 records
Smulders Projects Belgium N.V. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Smulders Projects Belgium N.V. leadership team
Management profileNumber of profiles
Profiles4 records
Smulders Projects Belgium N.V. subsidiaries and ownership
Company hierarchySubsidiaries3 records
Smulders Projects Belgium N.V. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Smulders Projects Belgium N.V. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Smulders Projects Belgium N.V.
What does Smulders Projects Belgium N.V. do?
Smulders is a multidisciplinary EPC contractor that engineers, produces, delivers, and assembles heavy, technically complex steel structures for offshore wind farms and civil infrastructure. The company serves as a system integrator for offshore wind farms, delivering foundations (transition pieces, jackets, floating foundations), high-voltage substations, and HVDC converter platforms through turnkey engineering, procurement, construction, and commissioning contracts awarded by transmission system operators and wind farm developers.
Is Smulders Projects Belgium N.V. a public or private company?
Smulders Projects Belgium N.V. is a private company. It is classified as corporate owned and is currently operating.
When was Smulders Projects Belgium N.V. founded?
Smulders Projects Belgium N.V. was founded in 1966. It employs 1,001 to 5,000 people.
Where is Smulders Projects Belgium N.V. based?
Smulders Projects Belgium N.V. is headquartered in Arendonk, Belgium, in the Europe region.
How does Smulders Projects Belgium N.V. make money?
Three revenue lines are on record. EPC Contracts for Offshore Wind Infrastructure is the primary driver. The others are civil and Industrial Steel Structures and system Integration Services.
Who are Smulders Projects Belgium N.V.'s main competitors?
Direct peers on record are Sif Group, EEW SPC, Bladt Industries, Lamprell, Aibel, Heerema Marine Contractors and Chantiers de l'Atlantique. Broad incumbents are McDermott International, Saipem and Hitachi Energy.
Does Smulders Projects Belgium N.V. have an API?
No public API is recorded for Smulders Projects Belgium N.V..
What industry is Smulders Projects Belgium N.V. in?
Smulders Projects Belgium N.V.'s product category is Offshore Wind Infrastructure. Its primary akta.pro industry code is EUAEAAAF, Wind Power Plant EPC (Onshore/Offshore), with a secondary code of EUAEADAI, Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads). Its NAICS code is 3339 and its SIC code is 3569.