Rade Koncar

Low-Voltage Electrical Switchgearradekoncar.com.mk

Rade Koncar is a North Macedonia-based manufacturer of low-voltage electrical switchgear, including motor contactors, capacitor contactors, circuit breakers, and time relays, serving industrial manufacturers and energy utilities across Southeast Europe.

Company typePrivate
Founded1955
HeadquartersSkopje
Headcount51–100
GTM typeB2B
OfferingHardware or Manufacturing

What Rade Koncar does

Rade Koncar is a privately-held North Macedonian manufacturer of low-voltage electrical switchgear, headquartered in Skopje and tracing its origins to 1955. The company designs and produces motor contactors (CNN Series ranging from 9A to 150A), capacitor contactors (CNNK Series, 2.5kVar to 80kVar) for power factor correction, electronic time relays (EVRK / EVRU Series), and a full circuit-protection portfolio including molded case (KP Series), miniature (IZP), residual current (DZP2/DZP4), and air circuit breakers (VP Series up to 2000A). Its contactor lines hold IECEE CB Scheme certification, and the company positions itself as a leading contactor producer in Southeast Europe with 70 years of manufacturing experience.

Rade Koncar firmographics

Firmographics

Name: Rade Koncar
Legal name: Rade Končar
Website: https://radekoncar.com.mk
Company type: Private
Founded year: 1955
Operating status: Operating
Headcount range: 51–100 employees
Short description: Rade Koncar is a North Macedonia-based manufacturer of low-voltage electrical switchgear, including motor contactors, capacitor contactors, circuit breakers, and time relays, serving industrial manufacturers and energy utilities across Southeast Europe.
Ownership category
akta.pro rank

Rade Koncar industry classification

Industry

Product category: Low-Voltage Electrical Switchgear
NAICS: Relay and Industrial Control Manufacturing (335314), Switchgear and Switchboard Apparatus Manufacturing (335313), Electrical Equipment Manufacturing (3353)
SIC: Electrical Industrial Apparatus (3620), Switchgear & Switchboard Apparatus (3613)
akta.pro primary industry: Circuit Protection Devices (MCBs, MCCBs, ACBs, fuses, RCD/GFCI, surge protection) (IMAGAEAB)
akta.pro secondary industries: Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards) (IMAGAEAA), Car Chargers & Vehicle Power Adapters (CRACATAB)

Keywords

Low-voltage switchgear
Motor contactors
Capacitor contactors
Industrial circuit breakers
Electronic time relays

Where Rade Koncar is headquartered

Location

Headquarters

HQ city: Skopje

Offices1 record

Markets served

Rade Koncar business model

Business model

GTM type: B2B
Offering type: Hardware or Manufacturing
Cost components: Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

Electrical Equipment Manufacturing: Manufacture and sale of low-voltage switchgear products including contactors, circuit breakers, relays, and related electrical components for industrial applications. Revenue generated through product sales to distributors, industrial clients, and energy sector companies.

Pricing tiers

Model	Billing	Price
Other	Multi-year contract	B2B industrial products with quote-based pricing

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Rade Koncar product offering

Product offering

Core offering

Rade Koncar manufactures low-voltage electrical switchgear and control devices for industrial applications, including motor contactors (CNN Series), capacitor contactors (CNNK Series), electronic time relays, circuit breakers (air, molded case, residual, miniature), motor protection circuit breakers, rotary cam switches, and pushbuttons. The company also distributes Circontrol EV charging solutions. Products are IECEE CB Scheme certified and sold primarily to industrial manufacturers, energy utilities, and electrical contractors in Southeast Europe and beyond.

Product overview

Rade Koncar is a manufacturer of low-voltage electrical equipment for industrial applications, operating for over 70 years as a leading producer of contactors in Southeast Europe. The product portfolio centers on motor contactors (CNN Series ranging from 9A to 150A), capacitor contactors (CNNK Series from 2.5kVar to 80kVar) for power factor correction, and electronic time relays (EVRK/EVRU series). Additional product lines include circuit protection equipment (molded case circuit breakers KP series, miniature circuit breakers IZP06/IZP10, residual circuit breakers DZP2/DZP4, air circuit breakers VP series up to 6300A), motor protection circuit breakers (DMS series), rotary cam switches, pushbuttons and signal lamps. The company also distributes Circontrol EV charging solutions. Products are IECEE CB Scheme certified for quality and safety compliance.

Differentiator

Problem solved

Functional benefit

Products and services

Motor Contactors (CNN Series)

Quantifiable outcome

Products certified under IECEE CB Scheme for international quality and safety standards

Companies that use Rade Koncar

Customer profile

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Rade Koncar technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Rade Koncar partnerships and signals

Strategic signal

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Rade Koncar competitors and assessment

Company assessment

Broad incumbents

Siemens: Global low-voltage controls and switchgear giant (SIRIUS contactors, 3VA breakers, SENTRON panels). Competes head-on with Rade Končar in industrial motor control and circuit protection.
Eaton: US-based diversified power management company with strong low-voltage contactor (xStart DIL), breaker, and motor protection portfolios. Directly comparable product categories to Rade Končar's CNN, KP, and DMS lines.
Hager Group: European specialist in low-voltage electrical installation and energy distribution systems (modular contactors, MCBs, distribution boards). Comparable product categories with stronger brand presence in Western Europe.
ABB: Global leader in electrification with extensive low-voltage contactor, motor starter, and switchgear portfolios (e.g., AF series contactors, S200 breakers). Competes with Rade Končar across the same product categories but at vastly greater scale and global reach.
Schneider Electric: Major global low-voltage switchgear and contactor manufacturer (TeSys D, EasyPact, Acti9 series). Overlaps directly with Rade Končar's contactor, breaker, and motor-protection product lines for industrial and utility customers.

Direct peers

Chint Group: Chinese low-voltage electrical equipment manufacturer offering contactors (NC1/NJ1 series), breakers, and relays globally at competitive price points. Comparable mid-to-large vendor pursuing international distribution in similar SEE and emerging markets.
LS Electric: Korean manufacturer of low-voltage switchgear, contactors (Metasol MC series), and circuit breakers. Closely comparable mid-sized vendor competing internationally on price-performance in contactors and motor control.
Lovato Electric: Italian manufacturer specializing in low-voltage electrical components including contactors, motor protection breakers, and cam switches. Closely comparable mid-sized specialized vendor with strong European industrial customer base.
ETI (Elektroelementi): Slovenian manufacturer of low-voltage circuit protection (MCBs, MCCBs, RCDs) and industrial controls. Direct regional competitor with overlapping SEE distribution and similar product positioning.
Iskra: Slovenia-based manufacturer of relays, contactors, and electrical installation components. Direct regional peer with overlapping SEE distribution footprint and similar scale as a specialized electromechanical controls vendor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Rade Koncar compliance and trust

Trust signal

Compliance1 record

Rade Koncar financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Rade Koncar leadership team

Management profile

Number of profiles

Rade Koncar funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Rade Koncar M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rade Koncar

What does Rade Koncar do?

Is Rade Koncar a public or private company?

Rade Koncar is a private company. It is classified as unknown and is currently operating.

When was Rade Koncar founded?

Rade Koncar was founded in 1955. It employs 51 to 100 people.

Where is Rade Koncar based?

Rade Koncar is headquartered in Skopje.

How does Rade Koncar make money?

One revenue line is on record: electrical Equipment Manufacturing.

Who are Rade Koncar's main competitors?

Broad incumbents on record are Siemens, Eaton, Hager Group, ABB and Schneider Electric. Direct peers are Chint Group, LS Electric, Lovato Electric, ETI (Elektroelementi) and Iskra.

Does Rade Koncar have an API?

No public API is recorded for Rade Koncar.

What industry is Rade Koncar in?

Rade Koncar's product category is Low-Voltage Electrical Switchgear. Its primary akta.pro industry code is IMAGAEAB, Circuit Protection Devices (MCBs, MCCBs, ACBs, fuses, RCD/GFCI, surge protection), with a secondary code of IMAGAEAA, Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards). Its NAICS code is 335314 and its SIC code is 3620.