What Romelectro does

Romelectro is a Romanian EPC (Engineering, Procurement, Construction) contractor founded in 1971 and headquartered in Bucharest. The company delivers turnkey energy infrastructure projects across six integrated service lines: thermoelectric generation, hydroelectric generation, high-voltage transmission and distribution, environmental protection (flue gas desulfurization, low-NOx burners, dense slurry ash handling), industrial energy solutions, and electricity/green-certificate supply from its own micro-hydro assets. Its client base is dominated by Romanian state-owned energy incumbents — Hidroelectrica, Romgaz, Transelectrica, Complexul Energetic Oltenia, and ELCEN — with additional international engagements in Egypt, Kosovo, Italy, and the Middle East.

The technical core of Romelectro is a 50+ year engineering heritage covering 15,000+ MW of conventional and nuclear generation design and 22,000+ km of high-voltage line work in Romania plus 10,000 km internationally, combined with environmental retrofitting know-how for coal-fired plants. The Romelectro Group integrates ISPE (engineering consultancy), Electromontaj Carpați Sibiu (installation/commissioning), and CELPI (metal structure manufacturing), providing end-to-end project delivery from feasibility through commissioning. The company holds ISO 9001, 14001, 45001, and 27001 certifications, enabling eligibility for EU-aligned and EBRD-financed tenders.

Romelectro operates a project-based revenue model, bidding on public tenders and negotiating large bilateral EPC contracts (e.g., Iernut CCGT ~270M EUR, CHE Stejaru ~78M EUR, Burullus 1200 MW) typically as general contractor, sometimes in consortium with firms such as Duro Felguera, Litostroj Power, and Orascom Construction. Ancillary revenue streams include 1.45 MW of owned micro-hydro generation producing ~4 GWh/year and trading of electricity and green certificates. Distribution is exclusively enterprise-direct: the company participates in industry events (FOREN, Power-Gen Middle East, Middle East Electricity) and competes via tender, with no retail or self-service channel.

Name

Romelectro

Legal name

Romelectro S.A.

Website

https://romelectro.ro

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

101–250 employees

Short description

Romelectro is a Romanian EPC contractor founded in 1971 delivering engineering, procurement, and construction services for thermoelectric, hydroelectric, transmission/distribution, and environmental energy projects, serving state-owned and private energy companies in Romania and 19 countries internationally.

Ownership category

akta.pro rank

Product category

Energy EPC Contracting Services

NAICS

Hydroelectric Power Generation (221111), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Hydropower Plant EPC (Dam, Run-of-River, Pumped Hydro Civil Works) (EUAEAAAD)

akta.pro secondary industries

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Hydropower EPC & Construction (Civil Works, Electromechanical) (EUACAEAF), Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

Keywords

• Energy EPC contracting
• Thermoelectric power projects
• Hydroelectric infrastructure
• High voltage transmission
• Flue gas desulfurization

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Contracting Services: Romelectro serves as general contractor for complex energy projects, providing engineering, procurement, construction, and commissioning services. Revenue is generated through project-based contracts with major energy companies.
2. Renewable Energy Production: Romelectro operates 3 micro-hydroelectric plants at Voineasa with 1.45 MW installed capacity, generating approximately 4 GWh of green energy annually. The company is also developing agri-photovoltaic projects.
3. Energy Trading: Romelectro is an electricity trader and trader of Green Certificates, supplying energy to consumers connected to the MHC Voineasa power plant.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Romelectro is an EPC (Engineering, Procurement, Construction) general contractor delivering complex energy infrastructure projects across the full value chain: thermoelectric power plants, hydroelectric facilities, high-voltage transmission and distribution systems, and environmental protection solutions. The company also operates three micro-hydroelectric plants at Voineasa, trades electricity and green certificates, and develops Agri-Photovoltaic projects internationally.

Product overview

Romelectro is an EPC (Engineering, Procurement, Construction) contractor providing comprehensive energy sector services across Romania and internationally. The company operates a portfolio of six integrated service lines: Thermoelectric Projects (modernization and new construction of thermal power plants), Hydroenergy Projects (hydroelectric facility development and rehabilitation), Electricity Transmission and Distribution (high-voltage substations and lines), Environmental Projects (flue gas desulfurization, NOx reduction, ash handling systems), Industrial Energy Solutions (energy audits, efficiency improvements, ESCO financing), and Energy Supply Services (electricity and green certificate trading). The company also develops and operates micro-hydropower plants and recently expanded into Agri-Photovoltaic solutions through international partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Thermoelectric Projects (Proiecte termoelectrice) EPC services for thermoelectric power plant modernization, retrofitting and new construction projects using both conventional fuels and renewable energy sources including biomass and biofuels. Targeted at state-owned and private power producers in Romania and internationally.
• Hydroenergy Projects (Proiecte hidroenergetice) Integrated hydroelectric project services from consulting and design through to turnkey development and execution of hydrological and hydroenergy projects, including dams, hydro power plants, and micro-hydroelectric facilities. Targeted at hydroelectric power producers and developers.
• Electricity Transmission and Distribution (Transport și distribuție) Design and execution of high-voltage electrical substations and transmission lines, including modernization, retrofitting and rehabilitation services across all voltage levels (110kV, 220kV, 400kV), including AIS, GIS, and HIS station types. Targeted at transmission system operators and utilities.
• Environmental Projects (Proiecte de mediu) Environmental protection technologies for power plants and industrial facilities, including low-NOx burners, wet flue gas desulfurization systems, and dense slurry ash/slag handling systems to meet EU environmental directives. Targeted at power plants requiring emissions compliance.
• Industrial Energy Solutions (Industrie) Comprehensive energy solutions for industrial clients including energy audits, efficiency improvements, environmental compliance, and ESCO financing models. Targeted at industrial facilities in oil, petrochemical, gas, metallurgy, cement, automotive, and food & beverage sectors.
• Energy Supply Services (Furnizare energie) Electricity and green certificate trading services, including energy supply to consumers connected to the MHC Voineasa hydroelectric plant. Targeted at consumers connected to Romelectro's micro-hydroelectric generation assets.

Quantifiable outcome

• Romelectro has designed and engineered projects representing 90% of Romania's total installed power generation capacity
• +4 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered major, supporting and core.

• ESG Eko Agro GroupmajorStrategic or Co-development Partner · 14 February 2024Romelectro Investments partnered with ESG Eko Agro Group to develop the first 170MWp of Agri-Photovoltaic (advanced APV) projects across different sites in Italy, enabling ten farms to simultaneously use agricultural land and generate green electricity. The initial farms are located in Tuscany, Calabria, and Basilicata, with a total portfolio of 405MW planned across 20 farms.
• Duro Felguera (Spain)majorStrategic or Co-development Partner · 1 January 2016Romelectro partnered with Spanish company Duro Felguera to construct the Iernut CCGT 430 MW combined cycle power plant for Romgaz. The approximately 270 million euro project involves construction of two new gas-fired power generation units.
• Litostroj Power (Slovenia)majorStrategic or Co-development Partner · 1 January 2015Romelectro and Litostroj Power formed a consortium to execute the 78 million euro contract for retehnologization of CHE Stejaru with Hidroelectrica. The project includes rehabilitation of 6 hydroelectric units totaling 210 MW.
• CKD Blansko Engineering (Czech Republic)supportingTechnology or Integration · 1 January 2015CKD Blansko Engineering provides specialized turbine design and engineering services for the CHE Stejaru retehnologization project, contributing to the modernization of Romania's first major hydroelectric facility.
• Electromontaj Carpați SibiucoreStrategic or Co-development Partner · 1 January 2005Electromontaj Carpați Sibiu is a majority-owned subsidiary of Romelectro, one of Romania's most important companies specialized in assembly, installation, and commissioning of electrical transmission and distribution equipment.
• ISPE (Institutul de Studii și Proiectări Energetice)coreStrategic or Co-development PartnerISPE is the majority-owned subsidiary of Romelectro, forming the foundation of the Romelectro Group. ISPE is a national leader in consulting and engineering services for power generation, transmission and distribution projects. Founded in 1949, ISPE designed Romania's National Energy System.
• CELPIcoreStrategic or Co-development PartnerCELPI manufactures metal structures including high voltage electricity transmission and distribution towers, telecommunications towers, and structures for railway electrification. CELPI produces approximately 500 tons of metal structures monthly.
• Orascom Construction (Egypt)majorImplementation/ SI/ Consulting PartnerRomelectro partnered with Orascom Construction for the Burullus CCGT 1200 MW Block 1 project in Egypt, one of the largest combined cycle power projects in Africa.
• UCM ReșițasupportingTechnology or IntegrationUCM Reșița is a Romanian hydroelectric equipment manufacturer producing turbines and generators for the CHE Stejaru retehnologization project.
• SiemenssupportingTechnology or IntegrationSiemens supplies equipment for the CHE Stejaru retehnologization project as part of the consortium including Romelectro and Litostroj Power.

Scale indicators11 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Metka (Metlen Energy & Metals): Greek-based EPC contractor with strong power generation execution portfolio across the Mediterranean, Middle East, and Africa. Comparable to Romelectro in combined-cycle and HV substation scope, plus project finance structuring for state-owned clients.
• Litostroj Power: Slovenian turbine manufacturer and hydro EPC contractor. Already a Romelectro consortium partner on the CHE Stejaru retechnologization project, making it a direct peer in hydroelectric turbine replacement and rehabilitation.
• Enka İnşaat: Turkish EPC contractor with deep power-plant and HV transmission execution across MENA, CIS, and Eastern Europe. Highly comparable to Romelectro in customer base (state utilities), project mix (combined-cycle, hydro, T&D), and consortium-led mega-tender model.
• Ansaldo Energia: Italian OEM and EPC contractor for thermal and hydro power plants. Comparable to Romelectro through overlapping hydroelectric refurbishment capabilities and Mediterranean geographic exposure, especially relevant given Romelectro's Italian agri-PV push.
• TSK: Spanish EPC contractor with power generation and HV transmission execution capabilities across MENA, Latin America, and Africa. Comparable to Romelectro in combined-cycle and T&D project delivery models using consortium structures.
• Eletroconstructia: Romanian EPC contractor competing for the same state-owned utility and TSO tenders (Transelectrica, Hidroelectrica). Direct competitor with overlapping T&D and substation modernization capabilities in Romelectro's home market.
• Duro Felguera: Spanish EPC contractor specializing in thermal power plants and energy infrastructure. Already a Romelectro consortium partner on the Iernut CCGT 430 MW project, making it a directly comparable peer in combined-cycle execution across Europe and Latin America.

Broad incumbents

• Siemens Energy: Global incumbent serving as both OEM supplier to Romelectro's projects (e.g., turbine supply at CHE Stejaru) and as direct competitor on large EPC tenders. Overlaps across combined-cycle, HV substations, and grid modernization.
• GE Vernova: Global power-generation and grid-solutions incumbent. Comparable to Romelectro across thermal, hydro, and T&D but at much larger scale, frequently competing directly for the same mega-tenders Romelectro pursues via consortium.
• Harbin Electric International: Chinese EPC contractor competing for power-generation and T&D projects across MENA, Africa, and Southeast Asia. Comparable to Romelectro on utility-scale PV, combined-cycle, and transmission tenders in emerging markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 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 Romelectro