Graf Elektronik

What Graf Elektronik does

Graf Elektronik GmbH is an Austrian B2B Electronics Manufacturing Services (EMS) provider headquartered in Dornbirn, Vorarlberg, founded in 1989 and operating through 180-200+ employees within the privately held Graf-Gruppe. The company delivers a vertically integrated service portfolio spanning custom hardware and software development (Elektronikentwicklung), PCB assembly (SMT and THT), comprehensive testing (AOI, 3D-AOI, flying probe, in-circuit, X-ray, burn-in), conformal coating, HotMelt low-pressure moulding, complete box-build device assembly (Komplettgerätefertigung), and supply chain management with SiliconExpert-based lifecycle tools. Its manufacturing footprint covers 8,000+ m² of production space across five expansion phases (1995, 2002-2003, 2012, 2015, 2022-2024), including ten SMT lines with the latest high-speed line capable of 90,000 components per hour.

The company holds ISO 9001:2015 and EN ISO 13485:2016 certifications, enabling it to serve regulated medical device customers alongside industrial customers in measurement, high-voltage, RF, drive technology, building automation, LED lighting, renewable energy, and cable car sectors. Customer references include UEFA EURO 2024 referee paging systems, Hollywood cinema camera storage media, Helioz WADI solar water disinfection electronics (70,000 unit first batch), and SAFEDI COVID-19 distance monitoring devices. Go-to-market is exclusively direct B2B sales targeting enterprise and mid-market industrial customers across the DACH region (Austria, Germany, Switzerland), with multi-year framework contracts and project-based pricing.

Revenue is generated through four primary streams: development services (professional services fees), electronics manufacturing (per-order manufacturing fees across 2,100+ orders and 3,800+ product variants annually), complete device manufacturing (assembly and delivery fees), and managed supply chain services (procurement, warehousing, lifecycle management). Reported revenue grew from €30.6M (2017) to a peak of €54.8M (2023) before declining to €46.0M in 2024. The company is led by CEO and shareholder Helmut Feuerstein through Graf Holding GmbH, with Andreas Lercher and Christian Söllner added to the management board in October 2025 as part of long-planned succession.

Name

Graf Elektronik

Legal name

Graf Elektronik GmbH

Website

https://grafelektronik.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

Graf Elektronik GmbH is an Austrian B2B Electronics Manufacturing Services provider founded in 1989, offering full-service electronics development, SMT/THT manufacturing, testing, coating, moulding, and complete device assembly for industrial and medical customers across the DACH region.

Ownership category

akta.pro rank

Product category

Electronics Manufacturing Services (EMS)

NAICS

Printed Circuit Assembly (Electronic Assembly) Manufacturing (334418), Semiconductor and Other Electronic Component Manufacturing (33441)

SIC

Printed Circuit Boards (3672), Electronic Components & Accessories (3670), Electrical Industrial Apparatus (3620), Coating, Engraving & Allied Services (3470)

akta.pro primary industry

PCB Assembly (PCBA/EMS) (HDAHAOAI)

Keywords

• Electronics manufacturing services
• Contract electronics manufacturing
• PCB assembly
• Complete device manufacturing
• Electronics supply chain

Headquarters

HQ city

Dornbirn

HQ country

Austria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Elektronikentwicklung (Electronics Development): Custom hardware and software development services for industrial customers, including embedded systems, high-speed digital, analog, control engineering, measurement technology, medical technology, LED lighting, and RF technology. Software development in C, C++, C#, Java, VHDL/Verilog, and LabView.
2. Elektronikfertigung (Electronics Manufacturing / EMS): PCB assembly (SMT/THT), including Kleinmengen and Serienfertigung. Production of 3,800+ product variants, 2,100+ manufacturing orders/year, 220+ new products/year. Revenue from manufacturing fees per production order.
3. Komplettgerätefertigung (Complete Device Manufacturing): Full device assembly including housing, wiring, packaging, labeling, barcode/traceability, and end-user delivery. Revenue from assembly services and completed device delivery.
4. Supply Chain Management: Component procurement, inventory management, life cycle management, and logistics. Can include Vendor Managed Inventory (VMI), consignment warehouse, and frame contracts.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Graf Elektronik is a B2B Electronics Manufacturing Services (EMS) provider that designs, assembles, and manufactures electronic assemblies and complete devices for OEM customers. Its service portfolio spans electronics development, PCB assembly, complete device manufacturing, component supply chain management, and downstream processing such as coating, hotmelt moulding, underfill/dam&fill, cleaning, and testing.

Product overview

Graf Elektronik is an Electronics Manufacturing Services (EMS) provider offering a comprehensive portfolio of services rather than a single unified product. The core offering consists of five main service pillars: (1) Elektronikentwicklung - custom hardware and software development from concept to series production, (2) Elektronikfertigung - SMT and THT electronics manufacturing with extensive inline quality control, (3) Komplettgerätefertigung - complete box building and end-device manufacturing, (4) Supply Chain Management - global sourcing, material management and logistics, and (5) Prüftechnik - comprehensive testing and quality assurance services. These services are complemented by specialized processes including assembly coating (Conformal Coating), HotMelt Moulding for encapsulation, Underfill/Dam&Fill protection, and assembly cleaning. The company holds ISO 9001:2015 and ISO 13485:2016 certifications for medical device quality management, serving customers across diverse industries including medical technology, industrial measurement, high-voltage technology, RF technology, drive technology, building automation, LED lighting, renewable energy, and cable car technology.

Differentiator

Problem solved

Functional benefit

Products and services

• Electronics Development Engineering and design services for electronic assemblies and devices, supporting OEM customers from concept through series production.
• Electronics Manufacturing PCB and component assembly as part of the company's contract manufacturing service for OEM customers.
• Complete Device Manufacturing End-to-end assembly of finished electronic devices and products for OEM customers, integrating electronics, housing, and finishing.
• Supply Chain Management Component sourcing, supplier management, and supply chain services for OEM customers integrated with the company's manufacturing operations.
• Quality & Environment Quality management and environmental compliance services, supported by ISO 9001:2015 and ISO 13485:2016 certifications.
• Testing Electronic and functional testing of assemblies and devices as part of the EMS service offering.
• Coating Protective coating of electronic assemblies and components as a downstream processing service.
• HotMelt Moulding Hotmelt moulding process for protecting and encapsulating electronic components and assemblies.
• Underfill / Dam & Fill Underfill and Dam & Fill processes for reinforcing and protecting electronic components on assemblies.
• Cleaning Cleaning of electronic assemblies and devices as a downstream processing service.

Quantifiable outcome

• 75 kWp PV installation generates ~75,000 kWh/year, saving >40 tonnes CO₂ annually — equivalent to 20 households' energy needs
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• UEFA / Football Associations (Paging System Customer)coreTechnology or Integration · 1 January 2024Graf Elektronik manufactures wireless flag paging systems used by referees and linesmen during international football matches. The systems were notably deployed at UEFA EURO 2024 — a high-visibility global sporting event.
• Comino BregenzminorStrategic or Co-development Partner · 21 July 2023Graf Elektronik hosted 8 Comino Bregenz participants as part of the 'Vorbereitungsphase zur überbetrieblichen Lehrausbildung' (preparatory phase for inter-company vocational training) program. Participants toured the facility to explore career options in electronics.
• Lebenshilfe Vorarlberg (LHV) – Fachwerkstätte DornbirnminorStrategic or Co-development Partner · 7 June 2023Social partnership where Lebenshilfe employees (Mario, Thomas, Hüseyin, Sarina, Batuhan) perform tasks at Graf facilities: product labeling, ferrite ring packaging, and gasket cutting. Supports workplace integration of people with disabilities.
• Hightech-Speicherhersteller (Hollywood Cinema)coreTechnology or Integration · 29 June 2022Graf Elektronik entered a cooperation as supplier of storage media components for Hollywood cinema cameras — a prestigious customer in the film industry requiring high-reliability electronics manufacturing.
• HeliozcoreStrategic or Co-development Partner · 14 April 2021Graf Elektronik co-developed and manufactures the WADI electronics — a sensor/control unit for Helioz's solar UV water disinfection device. WADI indicates safe drinking water by measuring UV radiation dose. First batch of 70,000 units. Each device saves ~2 tonnes CO₂/year. Project supports clean water access in developing countries (e.g., Uganda).
• SAFEDI Consortium (Vorarlberg Companies)coreStrategic or Co-development Partner · 1 January 2020Graf Elektronik participated in the rapid development and manufacturing of SAFEDI distance control devices — Bluetooth-based units that alert wearers when they breach minimum distance during COVID-19. Graf handled electronics manufacturing for first production series.
• Sodex (HTL Rankweil Startup)minorStrategic or Co-development Partner · 1 January 2020Graf Elektronik supported Sodex, an HTL Rankweil startup developing autonomous excavator control systems (hardware and software). The company sponsored the team's participation in PULS 4 '2 Minuten, 2 Mentoren' show and provided manufacturing support.
• Fachhochschule Vorarlberg (FHV)coreStrategic or Co-development PartnerGraf Elektronik is an official partner of FH Vorarlberg for the dual study program 'Elektronik und Informationstechnologie Dual BSc'. Students alternate between university and the company. Graf contributes practical training, employs students from 3rd semester, and participates in campus career events.
• HTL Rankweil (Höhere Technische Lehranstalt)coreStrategic or Co-development PartnerLong-term educational partnership with HTL Rankweil. Activities include: annual e-forum sponsorship and participation, diploma project support (Elektro-Motocross E-MX 2026, Sodex 2020), student visits, Girls' Day hosting, and employing 35 HTL graduates. Graf sponsors school athletics teams at international competitions.

Scale indicators12 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Inission AB: Swedish EMS provider with multiple European production sites serving industrial customers. Comparable scale and full-service electronics manufacturing business model.
• BMK Group GmbH: German EMS provider offering EMS and development services to industrial customers. Similar mid-size, full-service EMS profile with German-speaking market focus.
• Hanza AB: Nordic EMS group offering full-service manufacturing across multiple European production sites. Comparable vertically integrated model and industrial customer base.
• Katek SE: Munich-headquartered European EMS group offering development, PCB assembly, and complete device manufacturing. Closely comparable full-service model with medical/industrial verticals and DACH exposure.
• Bitron SpA: Italian-headquartered EMS and mechatronics provider serving appliance, automotive, and industrial customers. Similar mid-size European full-service positioning.
• Scanfil Oyj: Finnish-listed EMS provider serving industrial, energy, and medical customers with full-service capabilities. Comparable business model and European mid-market positioning.
• Cicor Technologies Ltd: Swiss EMS provider with strong medical device and industrial customer focus. Directly comparable regulated-industry positioning and DACH regional presence.
• KSG GmbH: Austrian/German mid-market EMS provider serving industrial customers with PCB assembly and box build. Closest geographic peer with comparable scale and customer verticals.
• NOTE AB: Swedish EMS provider with industrial-focused customer base and similar scope of services (development through box build). Comparable scale and Nordic/European geographic reach.
• Zollner Elektronik AG: German family-owned full-service EMS provider offering development, PCB assembly, box build, and supply chain services across multiple industries. Operates as a direct peer with similar vertically integrated mid-market positioning, though at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/grafelektronik
• LinkedInlinkedin.com/company/graf-elektronik-gmbh

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 Graf Elektronik