EKOL

What EKOL does

EKOL, spol. s r.o. is a privately held Czech industrial manufacturer founded in 1991 and headquartered in Brno, specializing in heat and electricity generation equipment. The company's core product portfolio comprises steam turbines (EST series, 1-60 MW in condensing, back-pressure, and extraction configurations), gas turbines (GT 750-6 series primarily for gas pipeline compression stations), industrial boilers (RKF series, up to 130 MW, capable of firing biomass, natural gas, and process gases), and complete turnkey energy units delivered under EPC contracts. EKOL also provides MRO (maintenance, repair, overhaul) services for both EKOL-built and third-party turbines and boilers, including combustion chamber upgrades, low-emission burner retrofits, and electronic control system modernization.

The business operates on a project-based B2B sales motion targeting three primary verticals: energy utilities (district heating, power generation), industrial facilities (chemicals, manufacturing, food processing), and municipal customers. Revenue is generated through one-time equipment sales, EPC turnkey project delivery, and recurring MRO service contracts. The company holds integrated ISO 9001, 14001, and 45001 certifications and maintains a global reference footprint spanning 19+ countries across Central and Eastern Europe, Western Europe, China, the Middle East (Iraq, Saudi Arabia, Egypt), and Central Asia (Kazakhstan, Uzbekistan). Notable enterprise customers include ČEZ, NET4GAS, Veolia, PGNiG Termika, Teplárny Brno, Synthesia, Wanhua Chemical, and Xi'an ShaanGu Power, with the latter holding a significant ownership stake and co-branding the company as 'ShaanGu EKOL'. In 2025, EKOL reached the milestone of its 100th manufactured steam turbine and continues to execute projects in biomass-fired district heating aligned with European energy-transition demand.

Name

EKOL

Legal name

EKOL, spol. s r.o.

Website

https://ekolbrno.cz

Company type

Private

Founded year

1991

Operating status

Operating

Short description

EKOL, spol. s r.o. is a Czech manufacturer founded in 1991 that designs, manufactures, and services steam turbines, gas turbines, boilers, and complete EPC energy units for energy utilities, industrial facilities, and municipalities across 19+ countries.

Ownership category

akta.pro rank

Product category

Power Generation Equipment (Turbines and Boilers)

NAICS

Turbine and Turbine Generator Set Units Manufacturing (333611), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Power Boiler and Heat Exchanger Manufacturing (332410)

SIC

Engines & Turbines (3510), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Thermal Power Plant EPC (Gas/Coal/Oil) (EUAEAAAA)

akta.pro secondary industry

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

Keywords

• Steam turbine manufacturing
• Gas turbine services
• Industrial boiler supply
• EPC energy projects
• Power plant equipment

Headquarters

HQ city

Brno

HQ country

Czechia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Manufacturing: Design, manufacturing, and supply of steam turbines, gas turbines, and boilers for industrial and utility customers
2. EPC Turnkey Projects: Complete energy unit delivery contracts including design, procurement, construction, and commissioning
3. MRO Services: Maintenance, repairs, and overhauls (MRO) of existing turbine and boiler equipment

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

EKOL designs, manufactures, and supplies steam turbines, combustion/gas turbines, and steam/hot water boilers, and delivers complete turnkey energy generation units (EPC contracts) covering design, procurement, manufacturing, assembly, and commissioning. The company also provides maintenance, repair, and overhaul (MRO) services for installed turbines and boilers across utility, industrial, and municipal customers in Europe, Asia, and the Middle East.

Product overview

EKOL is a Czech energy equipment manufacturer founded in 1991, producing a comprehensive portfolio of turbine and boiler technologies for heat and electricity generation. The product range centers on five core offerings: steam turbines (Parní turbíny) for various power outputs and configurations including condensation, back-pressure, and extraction types; combustion/gas turbines (Spalovací turbíny) primarily in the GT750-6 series for gas pipeline applications; boilers (Kotle) ranging from small to 130 MW for multiple fuel types including biomass and natural gas; complete turnkey energy units (Energetické celky) integrating turbines, boilers and auxiliary systems; and manufacturing (Výroba) capabilities for turbine components and spare parts. These are supported by comprehensive MRO services for maintenance, repair, and modernization of turbines and generators. The company operates globally with references across Europe, Asia, Africa, and the Americas.

Differentiator

Problem solved

Functional benefit

Brands

• EST (EKOL Steam Turbine): Product line of steam turbines including EST 20, EST 30, EST 40, EST 50, EST 60 series
• EKOL MRO

Quantifiable outcome

• 100th turbine manufactured and delivered

Named customers14 records

Segments3 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

Two partnerships are on record, tiered core and minor.

• ShaanGu (Xi'an ShaanGu Power Co., Ltd.)coreStrategic or Co-development PartnerJoint venture and strategic partnership under ShaanGu EKOL brand. ShaanGu holds significant ownership stake in EKOL company. Collaborates on turbine manufacturing and project execution, particularly for China market projects.
• ETIHAD Food IndustriesminorStrategic or Co-development PartnerEPC turnkey project delivery for sugar refinery in Iraq, including two 75t/h boilers and 7 MWe steam turbines

Scale indicators3 records

Recent moves3 records

Expansion highlights5 records

Broad incumbents

• MAN Energy Solutions: German turbine, compressor and powertrain OEM; competes with EKOL in industrial steam turbines (especially for compressor drives) and gas turbines for pipeline compression stations such as NET4GAS. Comparable in EPC delivery model for industrial heat and power customers.
• Solar Turbines (Caterpillar): Caterpillar subsidiary manufacturing mid-size industrial gas turbines (e.g., Mars, Centaur, Taurus families) used in CHP and pipeline compression. Directly comparable to EKOL's GT750-6 servicing and modernization offering for gas-pipeline customers like NET4GAS.
• Doosan Enerbility: Korean power-equipment OEM manufacturing steam and gas turbines and providing EPC. Comparable in product portfolio (turbines, boilers, EPC) and overlaps with EKOL through the Škoda Power acquisition; competing head-to-head in biomass and industrial CHP tenders globally.
• Siemens Energy: Global turbine and power-plant EPC giant offering steam and gas turbines across a much wider MW range. Overlaps with EKOL on biomass and district-heating retrofits, but typically plays in utility-scale projects well above EKOL's 60 MW ceiling.
• GE Vernova: Spun off from GE to focus on power generation equipment including steam and gas turbines. Competes with EKOL in industrial and utility biomass/CHP applications where its larger turbines are suitable; competitive overlap is strongest in turnkey EPC projects for industrial customers.
• Kawasaki Heavy Industries (Energy Systems): Japanese OEM producing industrial steam and gas turbines for power generation and process drives. Overlaps with EKOL in combined-cycle and biomass-fired plant configurations serving Asian markets where EKOL also competes via ShaanGu.

Direct peers

• Elliott Group: US-based designer/manufacturer of industrial turbines, compressors and cryogenic equipment with strong service network. Comparable in small-to-mid MW steam turbine offering and aftermarket MRO service revenue stream that mirrors EKOL MRO.
• Škoda Power (Doosan Škoda Power): Czech-headquartered steam turbine manufacturer now owned by Doosan; closest geographic and product-line competitor to EKOL. Both target the same 10-120 MW industrial and district-heating steam turbine segment in Central Europe, making Škoda Power the most direct benchmarking peer.
• TurboTec (MTT a.s.): Slovak manufacturer of steam turbines for industrial and district-heating use, similar size and customer base as EKOL. Competes in the same niche for small-to-mid MW steam turbines in Central European markets.

Emerging players

• Bosch (Industrial Heat & Power): European supplier of industrial boilers, heat pumps and CHP systems for district heating and process steam. Comparable on boiler manufacturing and CHP plant delivery (less so on EKOL's turbines) and active in same biomass and waste-heat recovery use cases.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ekolbrno
• YouTubeyoutube.com/@ekolbrno
• LinkedInlinkedin.com/company/ekol-spol-s-r-o

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 EKOL