Maschinen & Technik

What Maschinen & Technik does

Maschinen & Technik, Inc. (MATEC) is a Philippine-incorporated, privately held engineering and technology company founded in 1979 as a joint venture between Engineering Equipment Inc. (EEI) and Germany's Muenchmeyer Petersen Group (MPC Group), originally established as a gateway for European industrial technology into the Philippine market. The company began as an equipment agency representing Siemens AG, Voith Hydro, and other European manufacturers, growing from 25 initial employees to 125 over its first 15 years. After EEI's divestment in 1989 and a major setback in 1996 when Siemens terminated its agency contract, MATEC diversified into renewable energy, pioneering grid-tied photovoltaic systems in the Philippines and expanding into hydro, wind, and biomass technologies.

MATEC's core business spans four inter-related verticals: (1) renewable energy project delivery — solar PV systems (residential to 3 MW industrial), pico/micro/mini hydropower, wind, and biomass — acting as designer, supplier, installer, and owner's engineer; (2) power infrastructure — generation, transmission, and distribution equipment including 500 kV substations and gas-insulated switchgear; (3) industrial machinery supply for cement, mining, food processing, and manufacturing; and (4) land/marine transportation and telecommunications equipment. The company maintains long-standing principal partnerships with Voith Hydro (30+ years), Burckhardt Compression, Bauer Compressors, and J.P. Sauer & Sohn, and operates wholly-owned subsidiaries (NI Corporation, Philippine Electronic Industries, Trans-Orient Overseas Corp.).

MATEC generates revenue through B2B equipment supply, project-based EPC contracts, and consulting/owner's engineering services for investors and financial institutions. Its customer base is concentrated among Philippine government utilities (NPC, MERALCO), independent power producers (First Gen, Southern Electric), government agencies (DILG, PNR, MRT3, LRMC, DOTC), and major industrial enterprises (cement, mining, beverage, banking). The company is currently owned by the Matschuck family following MPC Group's 2019 exit, with 20% equity distributed to managers and engineers during 2020-2022 as a retention measure. MATEC reports 11-50 employees and has a 45-year operating history with landmark projects including the 1000 MW Sta. Rita combined cycle power plant.

Name

Maschinen & Technik

Legal name

Maschinen & Technik, Inc.

Website

https://matec.com.ph

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

Maschinen & Technik (MATEC) is a Philippine EPC contractor and equipment agency that supplies, installs, and integrates European-sourced renewable energy systems, power infrastructure, industrial machinery, and transportation equipment for government utilities, independent power producers, and industrial enterprises.

Ownership category

akta.pro rank

Product category

Renewable Energy Systems and Power Infrastructure Services

NAICS

Solar Electric Power Generation (221114), Hydroelectric Power Generation (221111), Electric Power Generation, Transmission and Distribution (2211), Power and Communication Line and Related Structures Construction (237130)

SIC

Electric, Gas & Sanitary Services (4900), Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Construction Machinery & Equip (3531)

akta.pro primary industry

Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ)

akta.pro secondary industries

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Overhead & Underground Collection System Construction (MV/HV Lines, Duct Banks) (EUAEADAG), Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance) (EUAMAFAK)

Keywords

• Renewable energy systems
• Solar power installations
• Hydro power generation
• Industrial equipment supply
• Power infrastructure services

Headquarters

HQ city

Muntinlupa City

HQ country

Philippines

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Equipment Agency and Trading: MATEC acts as an exclusive or non-exclusive agent for European technology companies (Voith Hydro, Siemens, Burckhardt Compression, Bauer, J.P. Sauer & Sohn), earning commissions and margins on equipment sales to Philippine customers. This includes power generation equipment, industrial machinery, and transportation components.
2. Renewable Energy Project Delivery: MATEC generates revenue by designing, supplying, and installing solar, hydro, and wind energy systems. Revenue shifted from traditional indent business (agency) to direct invoicing as a local contractor. MATEC oversaw implementation of half of the initial batch of FIT-approved greenfield solar plants.
3. Consulting and Engineering Services: MATEC provides extensive assistance from project conception, design engineering and implementation to after-sales repairs, maintenance and operator training. Acts as consultant for investors and financial institutions, and owner's engineer for plant developers.
4. Diesel Generator Services and Rental: MATEC maintains a pool of diesel gensets for rent to supply temporary power for greenfield construction projects. Also handles operation and maintenance of diesel gensets providing 12 MW of temporary power to Southern Electric for the Sual Power Plant Project.
5. Subsidiary Operations: MATEC's subsidiary NI Corporation manufactured switchboards; Philippine Electronic Industries (PEI) provided warranty fault detection, repair and calibration services for Tektronix testing instruments. These subsidiaries generated revenue through manufacturing and services.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels3 records

Core offering

MATEC designs, supplies, installs and services renewable energy systems (solar PV from 5 kW residential to 3 MW industrial, pico/micro/mini hydropower, wind and run-the-river hydro) and broader power infrastructure for utilities, independent power producers, industrial customers, government agencies and infrastructure developers in the Philippines. It acts as exclusive or non-exclusive Philippine agent for European technology principals (Voith Hydro, Siemens historically, Burckhardt Compression, Bauer Compressors, J.P. Sauer & Sohn) and delivers end-to-end project execution from conception, design engineering and installation through commissioning, owner's engineering, after-sales maintenance and operator training.

Product overview

Maschinen & Technik (MATEC) is a diversified technology provider offering an integrated portfolio of renewable energy solutions and industrial equipment services. The core offering centers on solar power systems (grid-tied rooftop, off-grid, streetlights, pumping, parks, mini-grids, charging stations, hybrid systems, desalination) and hydropower solutions (pico, micro, and mini hydro). Complementing the renewable energy portfolio are power infrastructure services spanning generation, transmission, distribution, and application systems, as well as industrial machinery for mining, cement, and manufacturing sectors. The company also provides land and water transportation equipment, communication systems including PABX and telecom infrastructure, and comprehensive services from project conception through after-sales maintenance and operator training.

Differentiator

Problem solved

Functional benefit

Products and services

• Grid-tied Solar Rooftop Systems Photovoltaic solar systems that connect directly to the electrical grid, allowing excess power to be fed back to the utility; available from residential to industrial rooftop sizes (5 kW to 3 MW).
• Off-Grid Solar Installation Standalone solar power systems for locations without grid access, typically including battery storage for continuous power supply.
• Solar Streetlights Solar-powered outdoor lighting systems for streets, pathways, and public areas with autonomous operation.
• Solar Pumping Systems Solar-powered water pumping solutions for agricultural irrigation, water supply, and other pumping applications.
• Large Solar Parks Utility-scale solar power generation facilities typically exceeding 1 MW capacity, including FIT-approved greenfield solar plants.
• Mini Power Grids Small-scale localized electricity networks that distribute power from solar sources to a defined area.
• Solar Home Systems Complete solar panel packages for residential properties, including panels, inverter, mounting hardware, and optional battery storage; deployed at scale for rural electrification.
• Solar Charging Stations Solar-powered electric vehicle charging stations for sustainable transportation energy needs.
• PV Diesel Hybrid Systems Combined solar and diesel power systems that optimize fuel efficiency while maintaining reliable power supply.
• Solar Powered Desalination Solar-powered water desalination systems that convert seawater to potable water using renewable energy.
• Pico Hydro Power Systems Small-scale hydroelectric systems typically under 5 kW for very small communities or individual installations.
• Micro Hydro Power Systems Micro-scale hydroelectric generation systems up to 100 kW utilizing run-the-river technology.
• Mini Hydro Power Systems Mini hydroelectric systems from 100 kW to 1 MW capacity for local power generation.
• Power Generation Equipment and Services Supply and installation of power plant equipment including turbines, generators, transformers, and components for thermal, gas, and hydro power plants.
• Power Transmission Systems High voltage transmission systems including 500 kV and 230 kV transmission lines, SCADA systems, power line carriers, and fault monitoring equipment.
• Power Distribution Solutions Voltage distribution systems including indoor and outdoor substations up to 500 kV, gas insulated switchgears, and cast resin transformers.
• Power Application Systems Electric motor drives, motor control centers, process automation systems, and power cable installations for industrial applications.
• Land Transportation Equipment Railway subsystems including train couplers, electrical equipment, couplers for LRT and MRT systems, and spare parts for rail networks.
• Water Transportation Solutions Maritime vessels including tugboats, water tractors, patrol vessels, port facilities, and naval equipment.
• Communication Systems Telecommunications infrastructure including PABX systems, digital microwave backbones, fiber optic cable links, and data communication networks.
• Industrial Machinery Equipment for mining, cement, glass, pharmaceutical, textile, and food processing industries including crushers, conveyors, and ball mills.
• Cement Plant Equipment Complete cement plant equipment including clinker coolers, bucket elevators, conveyors, cement pumps, and process automation systems.
• Coin Blanks and Minting Equipment Coin blanks and minting presses supplied to central banks for currency production.
• Consultation Services for Renewable Energy Technical consultation for renewable energy project design, feasibility assessment, and regulatory compliance; MATEC also serves as owner's engineer and consultant for investors and financial institutions.
• Project Management Services Comprehensive project management from conception through implementation including engineering design and logistics.
• After-Sales Service and Maintenance Repair, maintenance, and operator training services for installed equipment.

Quantifiable outcome

• Over 7,000 rural households electrified through solar home systems
• +6 more outcomes

Named customers26 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered core, major (historical), minor and historical.

• Voith HydrocoreTechnology or IntegrationVoith Hydro is one of the largest manufacturers for hydro plant equipment in the world. MATEC has cooperated with Voith Hydro for over 30 years, serving as a key channel for their hydro power generation technology in the Philippines. Voith Fuji Hydro serves as their Asian arm in this partnership. MATEC represents Voith Hydro for pico, micro, and mini hydropower generation equipment and provides electro-mechanical equipment for hydro power plants.
• Voith Fuji HydrocoreTechnology or IntegrationAsian arm of Voith Hydro; MATEC works with Voith Fuji Hydro as part of its long-standing 30+ year relationship with the Voith group for hydro plant equipment in the Philippines.
• Voith (Railway / Transportation)coreTechnology or IntegrationMATEC partners with Voith Agency for mass transportation equipment, including rehabilitation and upgrading of rolling stock for PNR, MRT3, and LRMC. MATEC helped introduce Voith Austria's new E-drive technology into 48 trains procured from China's CRRC Dalian.
• VoithcoreTechnology or IntegrationListed as a partner on MATEC's Partners page with a link to voith.com, representing Voith's Railway business unit.
• MPC Group (Muenchmeyer Petersen Group)coreStrategic or Co-development PartnerMPC Group, a finance and trading company based in Hamburg, Germany, co-founded MATEC in 1979 with EEI. In 1989, EEI divested its shares and MPC Group took ownership of MATEC. In 2019, MPC Group acquired Ferrostaal and restructured, after which the Matschuck family acquired MPC's shares in MATEC.
• Siemens AGmajor (historical)Technology or IntegrationMATEC secured the agency of Siemens AG at founding in 1979. Through its successful association with Siemens, particularly in communication and power sectors, MATEC gained recognition and captured significant market share (including PABX market). In 1996, Siemens terminated MATEC's agency contract and established its own subsidiary, leading to most personnel transferring to Siemens Philippines.
• Wagner Biro AustriaminorStrategic or Co-development PartnerLeveraging MATEC's reputation for successfully transacting with government entities, Wagner Biro Austria entrusted MATEC's management to advocate for their involvement in the presidential bridge program. MATEC secured a substantial contract for the Department of the Interior and Local Government, facilitating further success for Wagner Biro.
• MPC MarineminorStrategic or Co-development PartnerMATEC draws from the strength and expertise of its affiliate MPC Marine, with its contacts and supply sources worldwide, to offer modern naval vessels, tugboats, high-speed seacraft, ferries, simulation systems, and navigational systems/aids for the maritime and marine industry.
• International PV System IntegratorsminorStrategic or Co-development PartnerThrough collaborations with international PV system integrators, MATEC honed its local expertise, solidifying its reputation as a competent and reliable partner in the Philippine PV solar industry.
• EEI (Engineering Equipment Inc.)historicalStrategic or Co-development PartnerEEI co-founded MATEC in 1979 with MPC Group. The initial 25 employees were transferred from EEI to MATEC. EEI divested its shares in MATEC in 1989, after which MPC Group and the Matschuck family took full ownership.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• EEI Corporation: EEI is a major Philippine engineering and construction firm that co-founded MATEC in 1979. It executes large-scale industrial, power, and infrastructure projects and competes in the same power and infrastructure EPC space where MATEC operates.
• First Gen Corporation: First Gen is one of the largest independent power producers in the Philippines with significant renewable energy (hydro, geothermal, wind, solar) exposure. It is a key MATEC customer (Sta. Rita) and competes broadly in RE generation where MATEC also acts as equipment supplier and owner's engineer.
• Aboitiz Power Corporation: Aboitiz Power is a major Philippine IPP with renewable and thermal generation assets. It is a comparable buyer of generation, transmission, and renewable EPC services and a potential competitor for grid-tied solar opportunities.
• Schneider Electric Philippines: Schneider Electric is a global power distribution, substation, and switchgear manufacturer with Philippine operations. It overlaps with MATEC's power distribution solutions (GIS, substations up to 500 kV) and competes for utility-scale electrification contracts.

Direct peers

• Vivant Energy: Vivant Energy is a Philippine IPP and renewable energy developer focused on distributed and grid-connected generation. Its RE developer model and Philippine footprint make it a close comparable to MATEC's RE project development and EPC business.
• SunAsia Energy: SunAsia Energy is a Philippine solar developer and EPC with utility-scale and commercial portfolios. It is a direct competitor to MATEC in solar project delivery, owner's engineering, and FIT-aligned project development.
• Solar Philippines Power Corporation: Solar Philippines is a leading Philippine solar PV developer and EPC with utility-scale and rooftop portfolios. It is the most direct peer to MATEC's solar PV EPC and system integration business within the Philippine market.
• Solaric: Solaric is a Philippine residential and commercial rooftop solar installer with distributed PV as its core offering. It directly competes with MATEC in the residential and small-commercial solar segment where MATEC pioneered grid-tied PV.

Emerging players

• WEnergy Global: WEnergy Global is a Philippines-headquartered distributed renewable energy and microgrid developer. It overlaps with MATEC's off-grid, mini-grid, and rural electrification offerings in the Philippine archipelago context.

Regional players

• Conergy: Conergy is a Southeast Asian solar EPC with regional project delivery. It is comparable to MATEC's solar project delivery capability though operating across multiple ASEAN markets rather than Philippines-only.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MaschinenTechnikInc?ref=hl
• Xx.com/rematec1

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 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 Maschinen & Technik