What IRCE does

IRCE S.p.A. is an Italian manufacturer of electrical conductors and cables, founded in 1947 and headquartered in Imola (Bologna), Italy, listed on the Euronext Milan STAR segment (ticker IRCSF). The company operates a single product portfolio organized in three lines: (1) winding conductors used as the active element in electrical machines such as motors, generators, transformers, inductances, and relays; (2) insulated low- and medium-voltage cables for energy transport in civil and industrial electrical installations, offered with PVC, rubber, or polyethylene insulation; and (3) CPR (Construction Products Regulation) compliant cables carrying multiple fire-reaction classifications (Eca, Cca-s3,d1,a3, Cca-s1b,d1,a1) across a broad SKU range extending to medium-voltage products up to 18/30 kV. The technical differentiation rests on domain specialization in conductor metallurgy and insulation, regulatory certification under the EU CPR framework, and a multi-brand production network (IRCE, FD Sims in the UK, ISODRA in Germany, Stable Magnet Wire in India, plus IRCE Brasil and a Chinese subsidiary in build-out) that is backed by certified Declaration of Performance documentation.

IRCE serves three primary B2B customer segments: electrical equipment manufacturers (OEMs building motors, generators, transformers), electrical installation companies working on civil and industrial buildings, and construction firms that require CPR-compliant cable for regulatory reasons. The go-to-market is enterprise field sales — direct from manufacturing plants in Italy (Imola, Umbertide, Guglionesi) and the UK, supplemented by regional sales/distribution entities covering Italy (IRCE Milano, ISOLVECO), Spain (IRCE S.L.), Switzerland (ISOMET AG), and Germany (DMG GmbH, ISODRA), plus international subsidiaries in Brazil, India, and China. Revenue mechanics are hardware sales of conductors and cables on a quote-based, B2B pricing model with no publicly disclosed list pricing; custom specifications, volumes, and delivery terms drive each transaction. In 2022 the company divested its lower-fit power cable production business unit and has since redeployed capital into international expansion (a new greenfield plant in the Czech Republic's Mošnov industrial zone and a Chinese subsidiary), funded in part by a EUR 10 million debt facility (March 2025) and a EUR 6 million Simest investment contract (December 2025).

Name

IRCE

Legal name

IRCE S.p.A.

Website

https://irce.it

Company type

Public

Founded year

1947

Operating status

Operating

Short description

IRCE S.p.A. is an Italian manufacturer of winding conductors, insulated low/medium-voltage cables, and CPR-compliant fire-rated cables, serving electrical equipment OEMs, electrical installers, and construction firms across Europe, South America, and Asia.

Ownership category

akta.pro rank

Product category

Electrical conductors and cables manufacturing

NAICS

Electrical Equipment Manufacturing (33531), Electrical Equipment Manufacturing (3353)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electronic Coils, Transformers & Other Inductors (3677)

akta.pro primary industry

Conductor, Cable & Hardware Stringing / Replacement (EUAEACAF)

Keywords

• Electrical conductors
• Winding wires
• Insulated cables
• Low voltage cables
• Enameled magnet wire

Headquarters

HQ city

Imola

HQ country

Italy

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Electrical Conductors and Cables Sales: Manufacturing and sale of electrical conductors for winding applications and insulated cables for energy transport. Products are sold to electrical equipment manufacturers, construction companies, and industrial facilities through direct sales and distribution networks.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

IRCE S.p.A. is an Italian manufacturer founded in 1947, headquartered in Imola, that designs, produces, and sells electrical conductors for winding applications (enameled magnet wire) and insulated cables (low and medium voltage, including CPR-compliant fire-resistant cables) used in electric motors, transformers, generators, home appliances, and building/industrial electrical infrastructure. The company operates multiple manufacturing plants across Europe and abroad, supplying OEMs and electrical contractors with certified cable and conductor products.

Product overview

IRCE is a manufacturer of electrical conductors and cables operating as a single unified product portfolio. The company produces three core product lines: Conduttori per avvolgimento (winding conductors) for electrical machines including motors, generators, transformers, and relays; Cavi (cables) for energy transport in civil and industrial electrical installations available in low and medium voltage with various insulation materials; and Cavi CPR (CPR cables) which are Construction Products Regulation compliant cables with fire performance classifications. These products serve the electrical manufacturing, construction, and infrastructure sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Conduttori per avvolgimento (Winding Conductors) Enameled copper and aluminum magnet wire and other winding conductors used in the manufacture of electric motors, transformers, generators, and home appliances. Sold to industrial OEMs as a primary input for electromagnetic components.
• Cavi (Cables) Insulated low and medium voltage electrical cables for power and energy transport, used in residential, commercial, and industrial installations and supplied to electrical contractors and infrastructure builders.
• Cavi CPR (CPR Cables) Fire-resistant cables classified under the European Construction Products Regulation (CPR), designed for use in buildings and infrastructure where fire-performance conformity is required, supplied to construction firms, electrical contractors, and infrastructure builders.

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Nexans: French-headquartered global cable manufacturer serving power, telecom and industrial markets with insulated and specialty cables that overlap directly with IRCE's LV/MV cable and conductor portfolio.
• Belden Inc. US-based manufacturer of specialty cables and connectivity solutions for industrial, broadcast and enterprise markets; comparable to IRCE in insulated cable and conductor manufacturing for B2B customers.
• LS Cable & System: Korean cable manufacturer with power, telecom and specialty cable divisions including magnet wire; comparable to IRCE in low/medium voltage and specialty cables, with a stronger Asian and infrastructure footprint.
• Prysmian Group: Global leader in power, telecom and specialty cables including winding wire; competes with IRCE across low/medium voltage cable segments but operates at vastly larger scale with a much broader product and geographic footprint.
• Sumitomo Electric Industries: Japanese diversified wire and cable producer supplying magnet wire, power cables and specialty conductors globally; matches IRCE on winding/magnet wire products and serves similar automotive and electrical OEM customers.

Direct peers

• Leoni AG: German specialist in wires, conductors and cabling solutions with strong exposure to automotive and industrial customers; competes head-on with IRCE in winding conductors and insulated cable categories across Europe.
• Essex Furukawa (Essex): Global magnet wire and winding wire specialist serving motor, transformer and generator manufacturers; closely comparable to IRCE's winding conductors business line and overlapping customer base in EV motors and grid transformers.

Emerging players

• KEI Industries: Indian cable and conductor manufacturer with growing European and international presence serving power, infrastructure and industrial customers; smaller-scale but expanding peer in the same cable categories as IRCE.
• Polycab India: India's largest wire and cable manufacturer with broad LV/MV cable and magnet wire exposure; regionally focused but expanding internationally and competitive with IRCE at the lower-value end of the cable spectrum.

Regional players

• Elsewedy Electric: Middle East / Africa-integrated cables and electrical products manufacturer serving power, construction and industrial markets; geographically distinct from IRCE but comparable in cable, conductor and integrated electrical product offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/IRCEGroup
• Instagraminstagram.com/irce_group

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries9 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 IRCE