What Elos does

Elos d.o.o. is a Croatian privately held engineering and distribution firm founded in 2008 and headquartered in Solin, with regional offices in Zagreb and Rijeka. The company specializes in the design, supply, installation, programming, and maintenance of professional lighting systems across public infrastructure, commercial facilities, hospitality, retail chains, industrial sites, and cultural heritage venues. Its core technology stack combines LED luminaires from represented international brands (Philips/Signify, Schreder, Leds C4, Sylvania, ERCO, Bega, Platek, Intra-lighting) with smart management platforms including the proprietary OWLET ZigBee-based wireless central control system, Philips CityTouch (GPRS-based), Philips Dynadimmer regulation devices, and DALI-controllable lighting protocols, augmented by environmental sensors (rain and fog) for adaptive municipal lighting.

The company operates a project-based B2B model with five revenue streams: (1) hardware sales of branded luminaires, (2) design and engineering services (photometric calculations, 3D renders, energy assessments), (3) installation, programming, and commissioning, (4) post-sale maintenance and legal compliance inspections, and (5) ESCO energy-performance contracting where investment is repaid from verified electricity savings over multi-year terms. Notable ESCO contracts include Osijek (~31.4M HRK, the largest such contract in Croatia) and Petrinja (16.8M HRK, 10-year term), with documented customer outcomes of 60-80% electricity reduction and hundreds of tonnes of annual CO2 savings. Distribution is direct B2B sales with no channel partners, supported by ISO 9001:2015 and ISO 14001:2015 certifications, Silver Excellence certification (2021), Employer Partner certification (2024), and top 0.4% Croatian enterprise ranking. Geographic footprint is exclusively Croatian, with no documented international expansion.

Name

Elos

Legal name

Elos d.o.o.

Website

https://elos.hr

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Elos d.o.o. offers engineering, design, and consulting for electrical installations and lighting systems.

Ownership category

akta.pro rank

Product category

Lighting Engineering & Installation Services

NAICS

Commercial, Industrial, and Institutional Electric Lighting Fixture Manufacturing (335132), Landscape Architectural Services (54132)

SIC

Electric Lighting & Wiring Equipment (3640), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Street Lighting & Area Lighting EPC / Maintenance (EUAEACAH)

akta.pro secondary industries

Lighting Design Services (BPAHAKAJ), Outdoor & Landscape Lighting Installation (HSAOAFAB), Outdoor & Area Lighting (Street, Roadway, Parking, Flood, Sports/Architectural exterior) (IMAGAIAB), Landscape Lighting Installation & Maintenance (BPABADAM)

Keywords

• Lighting design services
• Public lighting infrastructure
• LED lighting solutions
• Smart city lighting
• Energy efficiency contracting

Headquarters

HQ city

Solin

HQ country

Croatia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Lighting Products and Solutions Sales: Sale of professional lighting solutions including LED luminaires from international brands (Philips/Signify, Schreder, Leds C4, and others). Revenue generated from product sales to municipalities, commercial businesses, and government entities.
2. Design and Engineering Services: Professional services including photometric calculations, energy calculations, visual identity and design creation, presentations and 3D renders. Services provided by highly educated engineering team.
3. Installation and Commissioning: Installation of lighting systems and programming/commissioning services for complex facilities. Includes professional supervision and project management.
4. ESCO Model Energy Services: Energy performance contracting where new lighting is paid from savings achieved on electricity bills and maintenance costs over contract period. Example: Osijek contract valued at ~31.4 million HRK.
5. Post-Sale Support and Maintenance: Ongoing servicing and maintenance of systems, technical support team, regular inspections and legal compliance checks for central and security systems.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Elos d.o.o. designs, engineers, supplies, installs, and maintains architectural and public lighting systems for municipalities, government, hospitality, and retail clients across Croatia. The company delivers LED-based lighting retrofits, smart city management integrations (OWLET, CityTouch), and ESCO-structured energy efficiency projects where the upgrade is financed against verified energy savings. It also provides ongoing maintenance, photometric consulting, and exclusive distribution of premium European lighting brands in the Croatian market.

Product overview

Elos d.o.o. is a leading Croatian company specializing in the design, planning, and execution of lighting solutions across all application areas. The company operates as a full-service lighting provider offering four core service pillars: (1) Projektiranje i izrada svjetlotehničkih rješenja (Professional lighting design and calculations), (2) Zastupstva i prodaja (Representation and sales of international lighting brands), (3) Programiranje i puštanje u pogon sustava (System programming and commissioning using DALI protocols), and (4) Post-prodajna podrška (After-sales support and maintenance). These services are delivered alongside specialized solutions including Smart City public lighting infrastructure with the OWLET smart management system based on ZigBee, video wall installations using Philips monitors integrated with Crestron AV receivers, and ESCO-model energy efficiency projects. The company represents numerous international brands including Philips/Signify, Schreder, Leds C4, and others, providing turnkey solutions for municipalities, commercial facilities, hotels, and cultural heritage sites.

Differentiator

Problem solved

Functional benefit

Products and services

• Smart City Lighting Management Integration
• Lighting Maintenance & Support Services
• Premium Lighting Brand Distribution
• Lighting Design & Consulting Photometric and architectural lighting design plus consulting services for municipalities, hospitality operators, and commercial clients across Croatia.
• Lighting Engineering & Installation
• ESCO Energy Efficiency Projects

Quantifiable outcome

• 78.93% electricity savings (Petrinja): from 3,376,167.22 kWh to 711,277.74 kWh annually
• +6 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Signify (Philips)coreTechnology or IntegrationPrimary technology partner providing LED luminaires, smart management systems (CityTouch), and lighting control solutions. Major supplier for public lighting and commercial projects including Petrinja, Osijek, and Split Bačvice projects.
• SchredercoreTechnology or IntegrationSupplier of road and decorative luminaires. Axia 2.2 luminaires with integrated controller and antenna used in Čakovec smart lighting project.
• Leds C4coreTechnology or IntegrationLighting manufacturer used for Hotel Radisson project. Supplier of decorative and technical lighting fixtures.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Schreder: Global outdoor and street-lighting manufacturer whose luminaires (e.g., Axia 2.2 with integrated controllers) Elos distributes. Schreder is a comparable peer in outdoor public-lighting design, supply, and smart-control solutions for municipalities.
• Zumtobel Group: Austrian lighting solutions group providing professional indoor and outdoor luminaires plus lighting management. Comparable as a full-service lighting solutions provider serving commercial, public and architectural customers in Europe.
• Fagerhult Group: Swedish lighting group offering premium indoor and outdoor luminaires with strong European municipal and architectural presence — comparable to Elos in delivering design-led lighting solutions across public and commercial segments.
• TRILUX: German lighting manufacturer and solution provider focused on indoor, outdoor and industrial applications, with accompanying lighting management services. Highly comparable in offering end-to-end lighting solutions plus smart-control integration.
• Siteco (a Signify company): Outdoor and infrastructure lighting specialist within Signify, focused on street, roadway, tunnel and urban lighting. Directly comparable to Elos's outdoor/public-lighting business and ESCO-type municipal offerings.
• ERCO: German architectural lighting manufacturer whose products Elos distributes for premium architectural projects (e.g., heritage sites like Split Vestibul). Comparable in the architectural/specifier lighting segment.
• Helvar: Finnish lighting controls specialist offering DALI-based solutions. Comparable as a lighting-controls peer whose technology overlaps with Elos's DALI programming and commissioning service line.

Broad incumbents

• Signify (Philips Lighting): Elos's principal technology partner (LED luminaires, CityTouch, Dynadimmer). Signify is a broad incumbent covering the entire lighting value chain globally and competes with integrators while also enabling Elos through its product portfolio.
• Acuity Brands: US-listed North American lighting and building solutions giant offering luminaires, controls and services. A broad incumbent providing an analogue for Elos's end-to-end lighting design-to-maintenance model at scale.
• Legrand: Global electrical and digital building infrastructure group active across lighting controls and energy-efficient solutions. Adjacent broad incumbent with overlapping electrical installation and energy-management capabilities relevant to Elos's ESCO contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/elos-doo

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Elos