What SVEL Group does

SVEL Group (Группа СВЭЛ) is a Russian manufacturer of electrical power equipment headquartered in Yekaterinburg, operating six production sites with over 100,000 square meters of advanced manufacturing space and a workforce of more than 2,000 employees. The company's product portfolio spans the full range of power engineering hardware for voltage classes from 0.66 kV to 500 kV, including dry, oil-filled, hermetically sealed (TMG), and measuring transformers; a complete reactor equipment line (shunt, current-limiting, smoothing, compensating, filter, damping, and starting reactors); complete switchgear (KRU); block-type transformer substations (KTPB); high-voltage apparatus including disconnectors; relay protection and automation panels; power quality improvement devices; vacuum circuit breakers; SCADA and process automation systems; and modular mobile substations. The company holds Russian nuclear regulatory licenses for the design and manufacture of transformers, reactors, and switchgear for nuclear power plants, and operates 20 representative offices across Russia plus sales offices in Astana (Kazakhstan) and Tashkent (Uzbekistan), with completed export projects in India, Georgia, and Belarus.

SVEL generates revenue primarily through one-time equipment sales to enterprise and infrastructure customers, supplemented by professional services covering site audit, design, manufacturing, installation supervision, turnkey construction, and maintenance. Pricing is quote-based and not publicly disclosed, with customers requesting proposals through the website or via direct contact with sales offices; contract cadences are multi-year. The go-to-market is a long-cycle enterprise field-sales motion targeting state-owned utilities, nuclear power plants, mining and metallurgical enterprises (e.g., UGMK, Bratsk Aluminum), railways (Belarusian Railway), renewable energy developers (Ulyanovsk Wind Farm, Avela Solar partnership), and commercial real estate developers (TRC Greenwich, Axis Towers). Vertical segmentation spans nuclear energy, transmission and distribution, metallurgy, industrial manufacturing, transport infrastructure, construction, and sports facilities, with nuclear, T&D, and metallurgy identified as primary segments.

The business is differentiated by patented technologies (main blade construction for disconnectors, compensating reactor winding scheme), 15+ years of air-core dry shunt reactor development with over 22,000 units in operation, type-approval certifications across EAEU member states (Russia, Belarus, Kazakhstan, Uzbekistan, Kyrgyzstan), and Gazprom Intergazcert compliance. Two registered patents underpin proprietary reactor and disconnector designs. Recent 2026 strategic activity includes the launch of modular mobile substations, Rosseti certification of a 110 kV SF6 current transformer, and supply of dry transformers for a yacht marina in Gelendzhik, indicating active product and segment expansion beyond the core industrial base.

Name

SVEL Group

Legal name

AO «Группа «СВЭЛ»

Website

https://svel.ru

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

SVEL Group is a Russian manufacturer of electrical power equipment headquartered in Yekaterinburg, producing transformers, reactors, switchgear, substations, and modular mobile substations for nuclear, energy, metallurgy, transport, and industrial customers across Russia and CIS countries.

Ownership category

akta.pro rank

Product category

Power and Electrical Equipment Manufacturing

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Switchgear and Switchboard Apparatus Manufacturing (335313), Electrical Equipment Manufacturing (33531), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515)

SIC

Power, Distribution & Specialty Transformers (3612), Switchgear & Switchboard Apparatus (3613), Electrical Industrial Apparatus (3620), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Power Transformers, Reactors & Auxiliary Power Systems (EUADACAJ)

akta.pro secondary industries

Switchgear & Switchboards (HV/MV/LV, GIS/AIS) (IMAGAAAB), Substation Systems & Integration (EPC, Engineering, Protection, Commissioning) (IMAGAAAC), Reactive Power & Power Quality Equipment (Capacitor Banks, Reactors, STATCOM/SVC, Harmonic Filters) (IMAGAAAG), High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control) (EUAEAFAA)

Keywords

• Power transformers
• Electrical equipment manufacturing
• Reactor equipment
• Switchgear systems
• Power engineering services

Headquarters

HQ city

Yekaterinburg

HQ country

Russia

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Power Transformer Sales: Sale of dry transformers, oil-filled transformers, measuring transformers, and specialized transformers for nuclear, industrial, and renewable energy applications.
2. Switchgear and Distribution Equipment: Complete switchgear (KRU), transformer substations (KTPB), high-voltage equipment, vacuum circuit breakers, relay protection systems, and power quality improvement devices.
3. Reactor Equipment: Shunt reactors, smoothing reactors, current-limiting reactors, compensating reactors, and filter reactors for various voltage classes up to 500 kV.
4. Engineering and Construction Services: Full-cycle services including audit, design, manufacturing, installation supervision, construction 'turnkey', and maintenance services for energy facilities.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

SVEL Group designs, manufactures, and supplies electrical power equipment — including dry, oil-filled, sealed, and measuring transformers; shunt, current-limiting, smoothing, and compensating reactors; switchgear; complete transformer substations; high-voltage apparatus; relay protection panels; power quality devices; and modular mobile substations — for voltage classes from 0.66 kV to 500 kV. The company also provides full-cycle engineering services covering audit, design, manufacturing, installation supervision, and turnkey construction of power transmission, distribution, and renewable energy facilities.

Product overview

SVEL Group is a Russian transformer and electrical equipment manufacturer offering a comprehensive portfolio of power engineering solutions. The product lineup centers on transformers (dry, oil-filled, sealed, and measuring types) and reactor equipment (shunt, current-limiting, smoothing, compensating, filter, and starting reactors), complemented by switchgear (КРУ), transformer substations (КТПБ), high-voltage equipment including disconnectors, relay protection systems, power quality devices, vacuum circuit breakers, and automation/dispatching solutions. The company also provides modular mobile substations and full-scope engineering services from audit through turnkey construction. The portfolio serves power generation, transmission, distribution, industrial, transport, and infrastructure sectors with both standard catalog products and custom engineering solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Dry Transformers (Сухие трансформаторы) Cast-resin insulated dry transformers for various voltage classes, suitable for indoor and outdoor installations where fire safety, low noise, and environmental concerns are priority. Used in commercial, industrial, urban infrastructure, and nuclear applications.
• Power Oil Transformers (Силовые масляные трансформаторы) Oil-filled power transformers for high-voltage power transmission and distribution applications, including large capacity units for nuclear and grid substations.
• Hermetically Sealed Oil Transformers TMG (Трансформаторы масляные герметичные ТМГ) Hermetically sealed oil transformers that require no oil treatment or expansion tank, designed for reduced maintenance in distribution networks.
• Measuring Transformers (Измерительные трансформаторы) Current transformers (ТОЛ, ТПЛ, ТПОЛ, ТШЛ series) and voltage transformers (ЗНОЛ, ЗНОЛП series) for measurement and protection in electrical networks.
• Reactor Equipment (Реакторное оборудование) Complete range of reactor solutions including shunt reactors, current-limiting reactors, smoothing reactors, compensating reactors, damping reactors, filter reactors, and starting reactors for voltage regulation and reactive power compensation in transmission and industrial networks.
• Complete Switchgear KRU (Комплектные распределительные устройства КРУ) Factory-assembled switchgear equipment for voltage classes 6-35 kV, designed for indoor and outdoor electrical distribution applications in substations.
• Block-Type Complete Transformer Substations KTPB (Комплектные трансформаторные подстанции блочные) Factory-built block-type transformer substations for power distribution in industrial, commercial, and infrastructure applications.
• Modular Mobile Substations (Модульные мобильные подстанции) Portable modular substations designed for rapid deployment in emergency situations, temporary power supply, or remote location applications, launched on the Russian market in June 2026.
• High-Voltage Equipment (Высоковольтное оборудование) High-voltage apparatus including disconnectors (РГ-СВЭЛ series), surge arresters, and other transmission infrastructure equipment rated 110 kV and above.
• Relay Protection and Automation Panels RZA (Шкафы релейной защиты и автоматики) Protection and control relay panels for power system automation, fault management, and substation control.
• Power Quality Improvement Devices UUKEE (Устройства улучшения качества электрической энергии) Equipment for reactive power compensation, harmonic filtering, and voltage quality enhancement including UKRM, DKIN, STATKOM, and DVR systems.
• Vacuum Circuit Breakers (Вакуумные выключатели) Vacuum interrupter circuit breakers for medium and high voltage applications with superior arc quenching characteristics, used in switchgear and substation installations.
• Automation, Dispatching and IT Infrastructure (Автоматизация, диспетчеризация и IT-инфраструктура) SCADA systems, process automation (ASUTP), energy management (AIIS KUE), and IT solutions for power facility management and dispatching.
• Engineering Services (Инжиниринг) Full-cycle engineering services covering econometric risk assessment, on-site audit, power system design, equipment manufacturing, installation supervision, turnkey construction, and maintenance for electrical transmission, distribution, and renewable energy infrastructure projects.

Quantifiable outcome

• Electricity losses reduced by 20% through shunt reactor application
• +4 more outcomes

Named customers12 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Avela Solar Technology LLC (ООО Авелар Солар Технолоджи)coreChannel Partner/ Reseller/ Distributor · 1 January 2017Avela Solar Technology acted as distribution partner for complete supply of equipment for the 110/10 kV Solar Substation project. This partnership demonstrates SVEL's channel strategy for renewable energy projects in Russia.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ABB: Global leader in power and distribution transformers, switchgear, and substation systems. Closest direct competitor across SVEL's entire product portfolio including dry and oil transformers, GIS switchgear, and modular substations.
• GE Vernova: Manufactures power transformers, switchgear, and grid solutions through its Grid Solutions business. Directly comparable in large power transformer and substation integration markets.
• CG Power and Industrial Solutions: Indian manufacturer of power and distribution transformers, switchgear, and reactors. Most relevant peer given SVEL's supply relationship with Kudankulam NPP and similar emerging-market manufacturing profile.
• Hyundai Electric & Energy Systems: Korean manufacturer of power transformers up to 800 kV and switchgear. Comparable in extra-high-voltage and nuclear-grade transformers where SVEL operates up to 500 kV.
• Power Machines (Silovye Mashiny): Russia's largest domestic competitor in power transformers, generators, and electrical equipment. Closest head-to-head peer within the Russian market, sharing the Rosseti and Rosatom customer base.
• Bharat Heavy Electricals (BHEL): Indian state-owned manufacturer of power transformers, switchgear, and electrical equipment for utilities and industry. Comparable vertical scope, manufacturing scale, and nuclear/utility customer profile.
• Siemens Energy: Major manufacturer of large power transformers (up to 1,200 kV), GIS switchgear, and grid technology. Directly competes with SVEL in nuclear-grade transformers and high-voltage substations globally.
• Eaton: Supplies MV switchgear, power distribution panels, and transformer substations for industrial and utility customers. Comparable in the LV/MV distribution equipment segment where SVEL competes in commercial and industrial projects.
• Schneider Electric: Leading provider of MV/LV switchgear, transformer substations, and power distribution equipment. Overlaps with SVEL's KRU and KTPB product lines and shares the industrial customer base.

Emerging players

• Transformers and Rectifiers (India): Indian manufacturer specializing in power and distribution transformers up to 500 kV including reactor products. Comparable product breadth at smaller scale; demonstrates the addressable emerging-market segment SVEL could expand into via India.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/svelgroup

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 SVEL Group