INDA

What INDA does

INDA-S.R.L. is a privately held Romanian limited liability company headquartered in Craiova that operates as a small-to-medium R&D institution specializing in power electronics and microcontroller-based control units for electric vehicles. The company's core products are electric propulsion (traction) systems for locomotives, multiple units, trams and trolleybuses, plus a flagship integrated propulsion-and-charging platform developed for the LEA battery-electric and LHy-M hybrid locomotive families. The integrated architecture allows the same traction converters used for vehicle operation to charge the on-board battery from standard three-phase terminals, enabling full charging in roughly 2.5 hours without dedicated charging infrastructure and without additional vehicle weight from separate chargers. The same architecture is being offered without modification for electric city buses, electric trucks, SUVs, minibuses and hybrid passenger trains. All products are custom-engineered to each client's specification, and INDA provides free system upgrades throughout the vehicle's lifetime, charging only for materials and travel.

The company runs a direct B2B, sales-led enterprise motion. Customers are national and regional railway operators, urban transport authorities, and rolling-stock manufacturers — including the CFR group (CFR Calatori, CFR, CFR Marfa), Metrorex, RATB, RAT Timisoara, ALSTOM Transport, CUMMINS, KEG GmbH (Germany), Electromotive Diesels (USA) and MIN LOKOMOTIVA (Serbia). Pricing is by custom quotation and is not publicly disclosed. INDA is authorized by AFER (Autoritatea Feroviara Romana) as an official Romanian Railways Provider and holds ISO 9001:2008, ISO 14001:2005 and OHSAS 18001:2005 certifications. Reported production capacity exceeds 1,000 high-power equipment units per year, excluding control devices, which are produced in higher volumes. Revenue, headcount figures within the 11-50 band, ownership structure and funding history are not disclosed in the available sources; the company is managed by Director General Mihail Radulescu, Technical Director Lavinius Goreci and Production Director Marin Dima.

Name

INDA

Legal name

INDA-S.R.L.

Website

https://inda.ro

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Romanian power electronics R&D company that designs and manufactures custom electric propulsion systems and integrated traction-charging converters for railway operators, urban transport authorities, and rolling-stock manufacturers across Europe and the US.

Ownership category

akta.pro rank

Product category

Railway Traction Electronics

NAICS

Engine, Turbine, and Power Transmission Equipment Manufacturing (3336)

SIC

Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Power Electronics Manufacturing (Inverters/DC-DC/Onboard Chargers) (IMACACAD)

akta.pro secondary industries

Automotive Charging Hardware Manufacturing (On-board Chargers, Charge Inlets, DC-DC) (IMACAJAK), Electric Drive Unit / E-Axle Manufacturing (Motors/Inverters/Gearboxes) (IMACACAC)

Keywords

• Electric propulsion systems
• Railway traction equipment
• Power electronics manufacturing
• Battery locomotive systems
• Rolling stock components

Headquarters

HQ city

Craiova

HQ country

Romania

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Electric Propulsion Systems: Sale of electric propulsion systems and power electronics equipment for locomotives, trains, trams, and trolleybuses. Products are custom-tailored to specific client requirements.
2. Traction-Charging Systems: Sale of integrated propulsion and battery charging systems for battery electric and hybrid electric vehicles including locomotives and city buses.
3. System Upgrades and Technical Support: INDA provides free system upgrades throughout the vehicle's lifetime, including after capital repairs, with only material and travel costs charged.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

INDA designs, develops, and manufactures electric propulsion systems and power electronics (traction converters, microcontroller-based control units) for electrically powered vehicles including locomotives, multiple units, trams, and trolleybuses. Its flagship offering is an integrated propulsion-charging system for the LEA battery-electric and LHy-M hybrid locomotive families that reuses the same traction converter for battery charging via standard three-phase terminals, fully charging in 2.5 hours. Products are custom-tailored to each client's specifications, with annual production capacity exceeding 1,000 high-power equipment units.

Product overview

INDA is a Research & Development Institution specializing in Power Electronics and Control Units based on Microcontrollers. The company's core product portfolio centers on Electric Propulsion Systems for electrically powered vehicles, including locomotives, multiple units, trams, and trolleybuses. The flagship product is the Integrated Propulsion and Charging System designed for the LEA (Battery Electric Locomotive) and LHy-M hybrid locomotive families, which uniquely enables battery charging via standard three-phase terminals without separate charging infrastructure. The same propulsion technology is adaptable without modifications to electric city buses, electric trucks, SUVs, minibuses, and hybrid passenger trains. Production capacity exceeds 1,000 high-power equipment units annually, with all products tailored to specific customer requirements. The company also manufactures microcontroller-based control devices as part of its product ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Propulsion System (Traction System) Electric propulsion systems for electrically powered vehicles including locomotives, multiple units (train automotoare), trams, and trolleybuses, based on high-power converters and microcontroller-based control systems. Custom-tailored to each client's specific requirements.
• Integrated Propulsion and Charging System for LEA Locomotives An integrated traction-charging system for the Battery Electric Locomotive Series (LEA) and LHy-M hybrid locomotive families that eliminates the need for separate charging infrastructure by using standard three-phase terminals, achieves full charging in 2.5 hours from empty, and includes battery cell charge redistribution managed by the Battery Management System.
• LHy-M Hybrid Locomotive Propulsion System Electric propulsion and charging system developed for the LHy-M hybrid locomotive family, featuring the same integrated charging capabilities as the LEA series, including 2.5-hour full charging via standard three-phase terminals.
• Electric City Bus and Road Vehicle Propulsion System Adaptation of the LEA and LHy-M propulsion and charging system for electric city buses and road vehicles including electric trucks, SUVs, minibuses, and hybrid passenger trains, fitting without hardware modifications and supporting rapid 2.5-hour charging.
• Microcontroller-Based Control Units Control equipment based on microcontrollers used across the company's vehicle propulsion and charging systems, produced in higher quantities than the high-power equipment itself.

Quantifiable outcome

• Full battery charging time reduced from 6-8 hours to 2.5 hours
• +2 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• AFER - Autoritatea Feroviara RomanacoreOthersAFER (Romanian Railway Authority) provides mandatory certifications for railway equipment including Quality Management (ISO 9001:2008), Environmental Management (ISO 14001:2005), and Occupational Health and Safety (OHSAS 18001:2005). INDA is authorized as an official Romanian Railways Provider through AFER certification.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Alstom: Major rail OEM and integrator with in-house traction electronics. Named INDA customer via ALSTOM Transport SA, but also a potential competitor for fully integrated propulsion packages.
• ABB: Global leader in traction converters, drives, and power electronics for rail and e-mobility. Directly comparable as a supplier of inverters and propulsion electronics to locomotive and rail OEMs, though much larger and productized.
• Hitachi Rail: Global provider of traction drives, power electronics, and onboard systems for rail and urban transit. Comparable product overlap in inverter/DC-DC electronics for locomotives and EMUs.
• Siemens Mobility: Supplies traction systems, drives, and onboard power electronics to rail operators and rolling-stock OEMs worldwide. Overlaps with INDA on locomotive and urban transit propulsion systems at much greater scale.

Others

• Cummins: Named INDA customer in power and propulsion systems; also a major producer of electrified powertrains and power electronics. Comparable as both a buyer of traction electronics and an emerging competitor in commercial EV drivetrains.

Direct peers

• Škoda Transportation: Czech rolling-stock manufacturer and traction electronics supplier active in Central and Eastern Europe. Comparable regional focus and overlapping product scope in traction converters for locomotives and trams.
• Kiepe Electric (Knorr-Bremse): Supplies traction and onboard power electronics for trams, trolleybuses, and electric buses in Europe. Closely comparable in inverter/DC-DC and onboard charging systems for urban electric vehicles.
• Traktionssysteme Austria (TSA): Specialist manufacturer of traction motors and power electronics for rail and electric commercial vehicles. Direct competitor in inverters and drive electronics for locomotives and urban EVs.
• Medcom: Polish manufacturer of power electronics and traction drives for rail vehicles and trolleybuses. Highly comparable in product mix (traction inverters, onboard chargers), regional positioning, and SME scale.
• Voith: Supplies electric and hybrid drive systems, including traction electronics, for rail vehicles and road commercial vehicles. Closely comparable in delivering propulsion+energy management packages to OEMs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/s.c.-inda-s.r.l.

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 INDA