Koncar D&ST

Name

Koncar D&ST

Legal name

KONČAR – Distributivni i specijalni transformatori d.d. za proizvodnju

Website

https://koncar-dst.hr

Company type

Public

Founded year

1950

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Power and Distribution Transformer Manufacturing

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311)

SIC

Power, Distribution & Specialty Transformers (3612)

akta.pro primary industry

Transformers (Power, Distribution, Instrument, Specialty) (IMAGAAAA)

akta.pro secondary industries

Power Transformers, Reactors & Auxiliary Power Systems (EUADACAJ), Grid-Scale Power Conversion & Interconnection (PCS, Grid-Tie Inverters, Converter Stations) (IMAGAAAI)

Keywords

• Power transformers
• Distribution transformers
• Medium voltage transformers
• Special transformers
• Electrical grid equipment

Headquarters

HQ city

Zagreb

HQ country

Croatia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Power Transformer Manufacturing and Sales: Design, manufacture and sale of medium power transformers, distribution transformers (oil-immersed and dry-type), and special transformers. Revenue generated through direct sales to utilities, grid operators, and renewable energy project developers. The company operates with a 93% export ratio, serving over 110 countries worldwide with annual deliveries exceeding 10,000 transformers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Končar D&ST designs, manufactures and supplies power transformers for utilities, grid operators and renewable energy project developers worldwide. Its portfolio spans medium power transformers (up to 160 MVA, 170 kV), oil-immersed and dry-type distribution transformers (50 kVA to 8 MVA), and special transformers for offshore, traction, grounding, rectification, generator, test station, vibration-resistant and mobile substation applications. The company also delivers complete lifecycle services including design, transport, installation, field testing and commissioning, producing more than 10,000 transformers per year for delivery to over 110 countries.

Product overview

Končar D&ST (Distributivni i specijalni transformatori – Distribution and Special Transformers) is a Croatian manufacturer producing a comprehensive portfolio of power transformers. The product lineup centers on four core transformer families: Srednji energetski transformatori (Medium Power Transformers) up to 160 MVA and 170 kV for transmission applications; Uljni distributivni transformatori (Oil Distribution Transformers) ranging from 50 kVA to 8 MVA for distribution networks; Specijalni transformatori (Special Transformers) including offshore, traction, grounding, and mobile substation variants; and Suhi distributivni transformatori (Dry Distribution Transformers) from 50 to 5000 kVA for indoor use. The company also provides full-service capabilities including design, manufacturing, transport, installation, field testing, and commissioning. With over 70 years of experience and more than 10,000 transformers delivered annually to over 110 countries, Končar D&ST positions itself among the top European transformer manufacturers, with recent notable projects including medium power transformers (125 MVA each) for Europe's largest agri-photovoltaic project in Brandenburg, Germany.

Differentiator

Problem solved

Functional benefit

Products and services

• Srednji energetski transformatori (Medium Power Transformers) Medium power transformers and auto-transformers up to 160 MVA with maximum voltage of 170 kV, designed for outdoor and indoor use in power transmission and distribution networks. Targeted at electric utilities, distribution system operators and large renewable energy grid-connection projects worldwide.
• Uljni distributivni transformatori (Oil Distribution Transformers) High-reliability oil-immersed distribution transformers rated from 50 kVA to 8 MVA with maximum operating voltage up to 36 kV, for outdoor and indoor installation in distribution networks. Manufactured under EU standards and customer-specific requirements for utility and industrial distribution applications globally.
• Specijalni transformatori (Special Transformers) Special transformers and reactors for medium voltage applications, including offshore power plant transformers, grounding network transformers, voltage rectifying transformers, auxiliary transformers, generator transformers, test station transformers, vibration-resistant transformers, electric traction transformers, mobile substation transformers and auto-transformators. Designed for specialised industrial customers requiring custom electrical configurations and demanding environmental conditions.
• Suhi distributivni transformatori (Dry Distribution Transformers) Three-phase, dry, naturally cooled (AN) distribution transformers rated from 50 to 5000 kVA with maximum operating voltage up to 24 kV, designed for indoor installation. Targeted at indoor distribution network applications where dry-type construction is required.

Quantifiable outcome

• 28% increase in consolidated net profit (97.5 million EUR) for H1 2026
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• E.DIS (German Distribution System Operator)coreStrategic or Co-development Partner · 18 June 2026Končar D&ST is supplying four medium power transformers (125 MVA each) for the Klimapark Steinhöfel agri-photovoltaic project in Brandenburg, Germany. The transformers connect generated power to the E.DIS high-voltage grid (110 kV cable systems). E.DIS is the regional distribution system operator covering eight districts. The first two units were delivered and commissioned in May 2026, with remaining units scheduled for 2027 and 2028.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Siemens Energy: Global energy technology incumbent offering large power transformers, grid technology, and HVDC systems. Directly comparable as a transformer manufacturer; KONČAR already partners with Siemens Energy via a joint venture within the parent group.
• Hitachi Energy: Former ABB Power Grids business offering power and distribution transformers up to 1,200 kV, including HVDC converter transformers. Direct overlap in transformer manufacturing with global scale and broader grid portfolio.
• GE Vernova: GE's energy spin-off encompassing grid solutions including power transformers. Overlaps directly with KONČAR in transformer manufacturing for utility and renewable applications across global markets.
• Schneider Electric: Global energy management and automation company with significant presence in distribution transformers and grid equipment. Overlaps with KONČAR in the distribution transformer segment and broader B2B utility channel.
• Eaton: Multinational power management company producing distribution transformers, switchgear, and power components. Comparable in distribution transformer manufacturing with broader electrical equipment portfolio.
• Toshiba Energy Systems & Solutions: Manufactures power transformers and transmission/distribution equipment as part of a broader energy systems portfolio. Comparable in transformer product range and global utility customer base.

Direct peers

• SGB-SMIT: European transformer specialist with manufacturing footprint in Germany, Netherlands, and other regions, focused on power and distribution transformers up to 1,200 MVA. Closest direct competitor by product specialization and regional focus.
• Hyundai Electric: Korean manufacturer of power and distribution transformers, including ultra-high-voltage units. Directly comparable as a transformer-focused manufacturer competing in similar voltage/MVA ranges as KONČAR.
• WEG: Brazilian manufacturer of electrical equipment including power and distribution transformers up to 550 MVA. Comparable as a transformer specialist serving utility and industrial customers across global markets.
• EFACEC Power Solutions: Portuguese transformer and power solutions manufacturer producing power, distribution, and special transformers. Closely comparable as a European-headquartered transformer specialist serving utility and renewable customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@koncardistributionandspeci5569
• LinkedInlinkedin.com/company/koncar-distribution-and-special-transformers-inc/posts/?feedView=all&viewAsMember=true
• Facebookfacebook.com/373473296029749

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Koncar D&ST