EP Industries

What EP Industries does

EP Industries, a.s. is a privately-held Czech industrial holding company headquartered in Prague that consolidates more than 40 operating subsidiaries across five main segments: energy construction services (PROFI EMG, MSEM, VČE-montáže, MONTPROJEKT, SEG, EGEM, ELQA), power plant equipment and boiler manufacturing (SES ENERGY, SES a.s., ENERGETICKÉ OPRAVNY, Fintherm), power engineering and control systems (I&C Energo), railway and transport infrastructure electrification (Elektrizace železnic Praha, ELTRA, Tramo Rail), automotive and bus manufacturing (SOR Libchavy, Winning Automotive), and waste management services (AVE CZ). The group was formed in 2011 when its industrial assets were demerged from ENERGETICKÝ A PRŮMYSLOVÝ HOLDING Group, and it now operates across Czech Republic, Slovakia, Germany, Romania, and Ukraine with 7,439 total employees.

EP Industries' core technology spans the full lifecycle of energy and transport infrastructure: design, installation, and maintenance of electrical transmission and distribution systems at all voltage levels up to 400kV extra-high voltage; manufacturing of steam boilers for coal, oil, gas, and biomass combustion; pre-insulated piping systems; control systems and electric power systems for power plants including nuclear facilities; railway overhead contact systems and traction equipment; and a green vehicle portfolio including CNG, electric, hybrid, and trolleybus platforms. Subsidiaries like Fintherm are the largest pre-insulated piping systems manufacturer in the Czech Republic, SOR Libchavy is the second-largest Czech bus manufacturer, and I&C Energo holds long-term supplier status in the nuclear power sector.

The business model is primarily B2B industrial services and equipment sales via direct enterprise sales and competitive tenders, with project-based contracts plus recurring maintenance and service revenue. FY2024 consolidated revenue reached CZK 35.6 billion (up from CZK 29.0 billion in 2023) with EBITDA of CZK 5.4 billion. Anchor customers are Czech and Slovak utilities (ČEZ, E.ON), state railway operators (České dráhy), municipalities, and public transit authorities. The diversified subsidiary platform enables cross-selling of integrated solutions spanning power generation, grid infrastructure, transport electrification, and environmental services across the Central European market.

Name

EP Industries

Legal name

EP INDUSTRIES, a.s.

Website

https://epindustries.cz

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

EP Industries is a privately-held Czech industrial holding company consolidating 40+ subsidiaries that deliver power grid engineering, power plant boiler manufacturing, railway electrification, bus manufacturing, and waste management services to utilities, railways, municipalities, and industrial clients across Central Europe.

Ownership category

akta.pro rank

Product category

Industrial Engineering & Construction Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Engine, Turbine, and Power Transmission Equipment Manufacturing (33361)

SIC

Electrical Industrial Apparatus (3620), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

akta.pro secondary industries

Power Plant I&C / SCADA / DCS EPC (EUAEAAAN), Underground Distribution (Cable, Duct Bank & Vault) EPC (EUAEACAB), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)

Keywords

• Power grid engineering
• Power plant boilers
• Industrial construction services
• Nuclear control systems
• Waste management services

Headquarters

HQ city

Praha

HQ country

Czechia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction and Engineering Services: Subsidiaries provide electrical installation, construction, and engineering services for power grid infrastructure, railway electrification, and industrial facilities. Revenue is project-based and recurring through maintenance contracts.
2. Power Plant Equipment Manufacturing: SES a.s. and Fintherm manufacture boilers and pre-insulated piping systems for power plants. Revenue is from equipment sales with installation services.
3. Vehicle Manufacturing: SOR Libchavy manufactures urban, intercity, and tourist buses including CNG, electric, and hybrid variants. Revenue from vehicle sales.
4. Waste Management Services: AVE CZ provides municipal services, industrial waste management, site decontamination, and facility management services. Revenue from service contracts with municipalities and industrial clients.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

EP Industries is a Czech industrial holding that, through more than 40 operating companies, provides construction and engineering services for power grids (up to 400 kV) and power-generation facilities (including nuclear), manufactures industrial power-plant boilers, supplies I&C control systems for nuclear power plants, builds city/intercity buses and railway electrification and signalling infrastructure, and runs large-scale waste-management services.

Product overview

EP Industries is a diversified industrial conglomerate comprising over 40 companies operating across five main segments. The portfolio is organized as a platform of distinct subsidiary brands rather than a unified product: Power Grid Engineering (PROFI EMG, MSEM, VČE-montáže, MONTPROJEKT, SEG, EGEM, ELQA) provides electrical installation, design, and maintenance services for transmission and distribution systems; Power Generation Engineering (SES ENERGY, Energetické opravny, Fintherm) delivers boiler assembly, repair, and pre-insulated piping systems; Power Plant Boilers (SES a.s.) manufactures steam boilers for power plants and heating facilities; Power Engineering (I&C Energo) supplies control systems and industrial information systems for power plants including nuclear facilities; Automotive (SOR Libchavy, Winning Automotive) produces buses and precision-forged automotive parts; Transport Infrastructure (Elektrizace železnic Praha, ELTRA) delivers railway electrification and traction systems; and Waste Management (AVE CZ) provides comprehensive waste handling and facility management services.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Grid Engineering Services Construction, engineering and maintenance of distribution and transmission grids from 22 kV up to 400 kV, including live-line operations and substation work, sold to electricity utilities (CEZ Group entities, DSO/TSOs) in the Czech Republic and Slovakia.
• Power Generation Engineering Services Engineering, construction and modernisation services for thermal power generation, including civil and balance-of-plant works, sold to operators of thermal power stations and general contractors.
• Power Plant Boilers (SES a.s. / Bohemia Power Plants) Industrial steam boiler products and solutions for power plants, supplied to thermal-power operators and EPC contractors.
• Nuclear Power Engineering (I&C Energo a.s.) I&C control systems and engineering services delivered to operators of nuclear power plants, including qualified electrical and instrumentation works for VVER/PWR units.
• City and Intercity Buses (SOR Libchavy)
• Railway Electrification and Signalling (ŽPSV, Elektrizace železnic, AŽD, CZ LOKO) Construction of electrification (catenary, traction substations, 25 kV AC systems), railway signalling and supplying rail vehicles, delivered to national infrastructure managers and rail operators under framework contracts.
• Waste Management Services Integrated municipal and industrial waste management including collection, treatment, recycling and landfill remediation, delivered to municipalities, regional waste authorities and industrial waste generators.
• Power-Plant Piping Systems Manufacture of large-bore piping systems and welded pressure components for thermal-power and industrial installations, supplied to power-plant operators and EPC contractors.
• Precision Forging (KLEIN automotive) Hot and cold precision forging supplied to automotive and industrial customers, including forged components for OEMs and tier-1 suppliers.

Quantifiable outcome

• 35.6 billion CZK in revenues (2024)
• +2 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor.

• Tramo Rail, a.s.minorOthersElektrizace železnic Praha, a.s. is the majority owner of Tramo Rail, a.s. (Czech Republic). This is a subsidiary relationship within the group structure.
• Winning BLW GmbH (Germany)minorOthersWinning Automotive a.s. has subsidiaries in Germany: Winning BLW GmbH and Winning BLW Management GmbH, focusing on precision forging of parts for passenger cars, trucks, and industrial applications.
• Winning BLW Management GmbH (Germany)minorOthersWinning Automotive a.s. has subsidiaries in Germany: Winning BLW GmbH and Winning BLW Management GmbH, focusing on precision forging of parts for passenger cars, trucks, and industrial applications.
• AVE HoldingminorOthersAVE Holding is part of EP INDUSTRIES and is described as one of the leading companies specialized in waste management in Central and Eastern Europe, operating in Czech Republic, Slovakia, Romania, and Ukraine.

Scale indicators9 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• ABB: Global power and automation company supplying switchgear, transformers, protection & control systems and grid solutions. Directly comparable to EP Industries' power plant electrical systems (EUAEAAAM equivalent) and HV grid installation subsidiaries.
• Schneider Electric: Global specialist in electrical distribution, industrial automation and energy management. Comparable to EP Industries' electrical installation subsidiaries across low, high and extra high voltage, with overlapping offerings in switchgear and control.
• Siemens Energy: Global leader in power generation equipment, power plant electrical systems, grid technology and EPC services. Overlaps directly with EP Industries' power plant boiler, electrical systems and T&D subsidiaries, but at vastly greater scale.

Direct peers

• Solaris Bus & Coach: European bus manufacturer specializing in low-floor urban buses, trolleybuses and electric buses. Directly comparable to SOR Libchavy across urban transit and zero-emission bus segments, and a key European competitor.
• VINCI Energies: European infrastructure EPC group delivering electrical works, rail electrification and industrial services. Closely comparable to EP Industries' diversified electrical infrastructure, railway electrification and energy construction subsidiaries.
• Andritz: Austrian supplier of power plant boilers, biomass and waste-to-energy plants, and industrial process equipment. Directly comparable to SES a.s. in steam boiler manufacturing for power plants and incinerators.
• Alstom: Global rail electrification and rolling stock supplier, including overhead contact systems, substations and traction power. Directly comparable to EP Industries' Elektrizace železnic Praha and ELTRA subsidiaries in railway electrification.
• Stadler Rail: Swiss rail vehicle and systems manufacturer with growing presence in rail electrification and service. Overlaps with EP Industries' railway electrification segment via overhead contact systems and substations work.

Regional players

• ENERGO-PRO: CEE-focused energy group with hydropower generation and T&D operations across Czech Republic, Slovakia, Bulgaria, Turkey and Georgia. Comparable regional peer across power generation and grid distribution services.
• Strabag: Austrian-headquartered CEE-focused construction and infrastructure group with strong presence in Czech Republic, Slovakia and neighboring markets. Comparable as a regional infrastructure services peer across EP Industries' grid, rail and industrial construction segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ep-industries-a-s

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries17 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 EP Industries