COVAX

Name

COVAX

Legal name

COVAX Ltd.

Website

https://covax.gr

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

COVAX is a privately held Athens-based Greek systems integrator, founded ~1999, that designs, installs, and maintains BMS/BEMS, EIB/KNX, fire detection, and public address systems for medium-to-large commercial buildings, hotels, and industrial facilities in Greece.

Ownership category

akta.pro rank

Product category

Building Automation Systems

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220)

SIC

Auto Controls For Regulating Residential & Comml Environments (3822), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

HVAC Controls & Optimization (Smart Thermostats, VAV, Chillers/Boilers Controls) (BPABAGAB)

akta.pro secondary industries

Building Management System (BMS)/Controls Maintenance & Commissioning (BPABACAE), Building Automation & Controls (BAS/BMS, HVAC Controls) (IMAIABAD), New Construction/Renovation Fire & CO System Design & Installation (HSAHAFAJ)

Keywords

• Building automation systems
• Building management systems
• Fire detection systems
• Energy management solutions
• HVAC control systems

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices1 record

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. Building Automation Systems (Design, Installation & Commissioning): COVAX designs, implements, and commissions building automation and control systems including BMS/BEMS, EIB/KNX, fire detection, and public address systems. Revenue is generated through project-based contracts covering system design, controller programming, panel fabrication, installation, and commissioning.
2. Technical Support & Maintenance Services: Ongoing technical support, preventive maintenance, and corrective maintenance services for installed systems. Includes maintenance contracts with guaranteed response times and spare parts stock management.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

COVAX designs, implements, and supports building automation and control systems — including BMS/BEMS, EIB/KNX, fire detection, and public address systems — for medium-to-large commercial, hotel, and industrial buildings in Greece. The company delivers the full project lifecycle in-house: study and design, certified controller programming, in-house panel fabrication, installation, commissioning, and ongoing preventive and corrective maintenance under service contracts. Product supply covers control instruments, sensors, valves/actuators, and variable frequency drives sourced from partners such as Siemens, Honeywell, ABB, and KNX.

Product overview

COVAX offers a comprehensive portfolio of building automation products and services. Their core product lines include BMS/BEMS systems for building and energy management, EIB/KNX systems for residential and commercial automation, fire detection systems, and public address/announcement systems. These are complemented by a range of instruments including simple control instruments (thermostats, pressure switches, flow switches), sensors (temperature, humidity, pressure, air quality), valves and actuators (solenoid valves, butterfly valves), and speed regulators/inverters (1.1-110kW). The company provides complete lifecycle services from initial study and design through programming, installation, commissioning, and ongoing technical support including preventive and corrective maintenance contracts.

Differentiator

Problem solved

Functional benefit

Products and services

• BMS/BEMS (Building Management System / Building Energy Management System) Integrated building management and energy management system for controlling HVAC, electromechanical installations, and energy savings in medium and large commercial buildings, industrial facilities, and hotels.
• EIB/KNX Building Automation System Building automation system for lighting, shading/roller shutters, switching material, and access control in small-to-medium buildings, residences, and hotels.
• Fire Detection System Fire detection system with conventional and addressable panels, extinction panels, detectors, buttons, and sirens, sized for small, medium, and large buildings.
• Public Address / Announcement System Analog and digital announcement system with active and passive speakers and control consoles, designed for medium and large buildings and commercial centers.
• Simple Instruments (Thermostats, Hydrostats, Pressure and Flow Switches) Basic control instruments including thermostats, hydrostats, pressure switches, differential pressure switches, and flow switches for building automation installations.
• Sensors (Temperature, Humidity, Pressure, Air Quality, Electrical) Measurement sensors for temperature, relative humidity, pressure, air quality, electrical measurements, and special-purpose applications.
• Valves and Actuators Valves and actuators including solenoid valves, seat valves, butterfly valves, rotary valves, valve actuators, and diaphragm actuators for HVAC and process control.
• Speed Regulators / Variable Frequency Drives Variable frequency drives (inverters) ranging from 1.1 kW to 110 kW with IP21 and IP54 protection ratings for motor speed control in building and industrial applications.
• Study and Design Services Consultation and design services including study of building electromechanical installations, submission of a concise control system proposal with cost estimation, and detailed technical documentation covering typical connection drawings, signal tables, cabling tables, and equipment lists.
• Controller Programming and Parameterization Services Controller programming and parameterization using modern equipment and latest-technology software, with certified technical staff; programs are customized per installation and agreed with the client.
• Installation and Commissioning Services Full installation of systems including panel construction, instrument placement and connections, and system testing and startup, delivered by specialized and trained personnel.
• Technical Support and Maintenance Services Ongoing technical support including preventive and corrective maintenance, 72-hour emergency response, and maintenance contracts with guaranteed response times and spare parts stock management.

Quantifiable outcome

• Energy savings through building automation and management systems

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• SiemenscoreTechnology or IntegrationSiemens is a key technology partner providing building automation hardware and software components integrated into COVAX's BMS/BEMS solutions. COVAX uses Siemens controllers and systems for HVAC and electrical installation control.
• HoneywellcoreTechnology or IntegrationHoneywell provides building automation instruments and controls that COVAX integrates into its BMS solutions for climate control and energy management applications.
• ABBcoreTechnology or IntegrationABB provides industrial automation and building control technologies that complement COVAX's portfolio of BMS and EIB/KNX solutions.
• KNXcoreTechnology or IntegrationKNX is the international standard for home and building automation. COVAX implements EIB/KNX systems as a certified integration partner for lighting, shading, and building control in small-to-medium buildings and residences.

Scale indicators4 records

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• ABB: Industrial automation and building controls supplier that partners with COVAX for industrial facility automation. ABB's broader portfolio of drives and switchgear overlaps with COVAX's speed regulator and electrical integration work.
• Honeywell Building Technologies: Major BMS/HVAC controls incumbent and COVAX partner via Honeywell/Resideo products. Competes head-to-head for large Greek commercial projects with Niagara-based building management suites while COVAX typically integrates Honeywell hardware.
• Johnson Controls: Global BMS and HVAC controls incumbent (Metasys, OpenBlue). Competes with COVAX for medium-to-large Greek buildings, hotels, and industrial facilities, typically through its own direct sales and integrator network.
• Schneider Electric: EcoStruxure BMS/energy management competitor with strong European presence; competes for the same Greek commercial and hotel automation projects as COVAX, often through local systems integrator channels.
• Siemens Smart Infrastructure: Global building automation incumbent and one of COVAX's core technology partners. Siemens sells Desigo BMS, HVAC controls, and energy management platforms directly and through integrators like COVAX; any Greek building automation RFP benchmarks against Siemens offerings.
• Beckhoff Automation: PC-based control platform supplier competing with traditional DDC/BMS architectures; relevant peer for COVAX's industrial and special-purpose building automation where PC control and EtherCAT-based systems are deployed.

Regional players

• Sauter: Swiss-German BMS and HVAC controls manufacturer with a strong European footprint; comparable to COVAX in targeting mid-to-large commercial buildings with integrated automation, though operating mainly in DACH and Western Europe.
• Priva: Dutch building automation and climate/horticulture controls company; similar systems-integrator business model to COVAX, focused on Benelux and selected international markets with comparable BMS/energy management offerings.
• Kieback&Peter: German building automation specialist focused on DDC controllers and BMS software; shares COVAX's integrator profile and mid-sized building focus but serves primarily DACH-region customers.

Direct peers

• WAGO: Manufacturer of WAGO-I/O-SYSTEM controllers used in building automation; competes in the same controller/programming space that COVAX services, and sells to similar Greek and European integrators for KNX/BMS projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• Instagraminstagram.com/covaxltd
• LinkedInlinkedin.com/company/covax-ltd

Compliance1 record

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 COVAX