What Ele.Cos does

Thytronic is a global designer, manufacturer, and integrator of protection, automation, control, and monitoring solutions for electrical power grids, with approximately 60 years of operating history since founding in 1966. Its product portfolio spans two main categories: (1) Protection Relays — including feeder, motor, transformer, generator, grid interconnection, capacitor bank, and secondary medium voltage relays, plus Earth Leakage Relays and Earth Fault Indicators; and (2) Automation Hardware and Software — including Remote Terminal Units (RTU), Bay Control Units (BCU), Gateway devices, SCADA systems, the iCCI regulatory-response system, and the A+ certified UPDM Peripheral Defense and Monitoring Unit. The XMORE platform extends the offering with modular, high-end Intelligent Electronic Devices (IEDs) covering utility, renewable generation, oil & gas, transportation, and large energy-consuming industry segments. Products comply with Italian CEI 0-16 technical standards and Terna grid operator specifications.

The business operates on a B2B enterprise field sales motion, monetizing primarily through one-time hardware sales of protection relays and automation systems, supplemented by engineering services including protection engineering studies, commissioning, and technical support. Pricing is quote-based and not publicly disclosed, consistent with complex electrical infrastructure procurement. Customer segments include power utilities and grid operators (primary), renewable energy generators, oil & gas operators, transportation infrastructure, and large energy-consuming industries. The company maintains a wholly-owned subsidiary, iGrid-TD, focused on digital grid solutions. Documented project engagements include SOGELMA (Marghera Commercial Port, Italy), Geotech (industrial), and a New Fertilizer Plant in Poland. The firmographics record identifies the entity as Ele.Cos, a for-profit Italian company headquartered in Scorzè, though the substantive operational data describes the Thytronic business.

Name

Ele.Cos

Legal name

Thytronic S.p.A.

Website

https://elecos.it

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

1–10 employees

Short description

Thytronic designs and manufactures protection relays, RTUs, BCUs, SCADA systems, and the XMORE IED platform for electrical power grid protection, automation, and monitoring. It serves utilities, renewable energy generators, oil & gas, transportation, and large industrial customers globally via enterprise B2B sales.

Ownership category

akta.pro rank

Product category

Power Grid Protection and Automation Equipment

NAICS

Relay and Industrial Control Manufacturing (335314), Switchgear and Switchboard Apparatus Manufacturing (335313), Electric Bulk Power Transmission and Control (221121)

SIC

Electrical Industrial Apparatus (3620), Industrial Instruments For Measurement, Display, And Control (3823), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

Power Plant I&C / SCADA / DCS EPC (EUAEAAAN)

akta.pro secondary industries

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Testing, Commissioning & Energization Services (HV) (EUAEABAI)

Keywords

• Power grid protection
• Protection relays
• Substation automation
• Electronic control systems
• Electrical power automation

Headquarters

HQ city

Scorzè

HQ country

Italy

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Sales - Protection Relays: Sale of protective relays for power generation and distribution including feeder, transformer, motor, generator protection relays, earth leakage relays, and fault indicators. One-time hardware purchase model.
2. Automation Systems Hardware: Sale of automation equipment including RTU, BCU (Bay Control Units), Gateway devices, SCADA systems for substation automation and energy distribution systems.
3. Engineering Services: Engineering service offerings including protection engineering studies, commissioning, and technical support services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Ele.Cos specializes in the design and production of electronic control systems for electricity generation plants with software solutions. The offering includes protection relays (feeder, motor, transformer, generator, grid interconnection, capacitor bank, secondary MV), substation automation hardware (RTU, BCU, Gateway, SCADA), and the XMORE high-end IED platform, complemented by engineering services for protection studies and commissioning.

Product overview

Thytronic is a global company with 60 years of experience designing, manufacturing, and integrating protection, automation, control, and monitoring solutions for power grids. The product portfolio comprises two main categories: (1) Protection Relays — including Feeder, Motor, Transformer, Generator, Grid Interconnection, Capacitor Bank, and Secondary Medium Voltage protection relays; and (2) Automation, Monitoring and Control products — including RTU (Remote Terminal Unit), Bay Control Unit (BCU), Gateway, SCADA, iCCI System, and UPDM. The company also offers the XMORE platform, a high-end IED (Intelligent Electronic Device) sub-brand providing modular and scalable solutions for utility, renewable generation, oil & gas, transportation, and industrial applications. Products serve power generation and distribution across small distribution substations to complex transmission systems.

Differentiator

Problem solved

Functional benefit

Brands

• XMore: Advanced, High-End IEDs for protecting, monitoring, and controlling Electric Power Systems covering all energy market solutions: Utility, Renewable Generation, Oil&Gas, Transportation and Large energy-consuming industry.
• iCCI System
• UPDM

Products and services

• Feeder Protection Relays

Quantifiable outcome

• Prevention of material and economic damages through timely fault intervention

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• iGrid-TDcoreOthersA Thytronic group company specializing in digital grid solutions. Located at igrid-td.com, representing an affiliated entity within the Thytronic corporate group.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Hitachi Energy: Spun out of ABB's Grid Automation business; offers Relion protection relays, RTUs and grid automation software. Direct large-scale competitor in Thytronic's core substation automation category.
• Schneider Electric: Markets Sepam, Vamp and Easergy protection relays plus EcoStruxure grid operation software. Competes head-to-head with Thytronic in protection relays and substation automation for utilities and industrial customers.
• ABB: Global leader in protection relays, substation automation, RTUs and SCADA through its Electrification business. Directly comparable product portfolio to Thytronic across protection, automation and grid digitalization, but operates at vastly greater scale and with broader system-level offerings.
• GE Vernova: Provides Multilin protection relays, UR series IEDs, and GridOS software for transmission and distribution. Broad incumbent competitor across Thytronic's protection and automation product lines.
• Siemens: Offers SIPROTEC protection relays, SICAM substation automation, RTUs and grid software serving utilities and industrial customers worldwide. Closest large-scale peer to Thytronic's protection and automation portfolio.
• Eaton: Provides protective relays, automation products and power management solutions through its Electrical Americas and EMEA businesses. Overlaps with Thytronic in feeder and motor protection, particularly for industrial customers.

Direct peers

• Arteche: Spanish manufacturer of instrument transformers, protection relays and substation automation. Closest mid-cap European peer to Thytronic in terms of scale, regional footprint and product breadth in protection and grid automation.
• Schweitzer Engineering Laboratories (SEL): US-based specialist manufacturer of protection relays, automation controllers and cybersecurity solutions for electric power systems. Direct competitor to Thytronic in feeder, transformer, generator and bay-control products, with comparable niche specialization.
• ZIV (CG Power & Industrial Solutions): Acquired by CG Power; historically a Spanish manufacturer of protection relays, IEDs and substation automation systems. Directly comparable to Thytronic in protection relays, automation and grid interconnection products.

Emerging players

• Fanox Electronics: Spanish specialist in protection relays for medium and low voltage applications with strong presence in renewables and distribution. Comparable niche player to Thytronic with overlapping product range in feeder, motor and transformer protection.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 Ele.Cos