Elka

What Elka does

ELKA d.o.o. is a Croatian electrical cable manufacturer founded in 1927 and headquartered in Zagreb, operating as a wholly-owned subsidiary of Iskra Group since July 2021. The company produces medium-voltage (up to 36 kV) and high-voltage (up to 132 kV) power cables using XLPE insulation with advanced triple extrusion technology and dry crosslinking in neutral nitrogen gas. ELKA also manufactures low-voltage power cables, telecommunications and signal cables, marine and submarine cables, railway cables, self-regulating heating cables, and specialized halogen-free fire-resistant installation cables for buildings. In December 2025, ELKA became the first cable manufacturer worldwide to receive VDE certification for 110 kV cables — the highest voltage level VDE currently certifies.

The company serves B2B customers across four primary verticals: energy (utilities, grid operators, and renewable energy projects — its primary segment), marine and offshore (shipbuilding and offshore platforms), railway and transport (vehicle manufacturers and operators), and construction and telecommunications. Named enterprise customers include Siemens, Airbus, HEP (Croatian power utility), HZ (Croatian Railways), Faber, and, as of 2026, Saudi Energy. ELKA holds ISO 9001, 14001, 45001, and 50001 certifications and was named Croatia's most successful large company in the 2024 Zlatna kuna award.

ELKA operates a direct enterprise sales model with a 252-person workforce and 25,000 tons of annual production capacity. The company has invested over 25 million EUR in modernization and new production lines over the past three years, with two additional Rosendahl lines scheduled for 2026 delivery. Go-to-market relies on dedicated sales contacts and active participation in major international trade fairs (Hannover Messe, Wire & Tube Düsseldorf, Middle East Energy Dubai, Saudi Elenex), sometimes alongside Iskra Group. The company is currently expanding internationally, with Saudi Energy supplier approval in 2026 marking its first explicit Middle East market entry.

Name

Elka

Legal name

ELKA d.o.o.

Website

https://elka.hr

Company type

Private

Founded year

1927

Operating status

Operating

Headcount range

101–250 employees

Short description

ELKA is a Croatian electrical cable manufacturer founded in 1927, producing medium- and high-voltage power cables (up to 132 kV), marine, railway, and installation cables for B2B customers across energy, transport, marine, and infrastructure sectors in Europe and the Middle East.

Ownership category

akta.pro rank

Product category

Electric Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Electrical Equipment Manufacturing (33531), Fiber Optic Cable Manufacturing (335921)

SIC

Electrical Industrial Apparatus (3620), Miscellaneous Electrical Machinery, Equipment & Supplies (3690)

akta.pro primary industry

Utility & Underground Distribution Cable (URD/Substation) (IMADAMAG)

akta.pro secondary industries

Overhead Conductors & Transmission Cable (IMADAMAH), Building Wire & Cable (Residential/Commercial) (IMADAMAA), Submarine Energy Storage & Power Distribution Manufacturing (Batteries, Switchboards, Converters) (IMAJAOAG)

Keywords

• Electric cable manufacturing
• Power cable production
• High voltage cables
• Marine and offshore cables
• Telecommunications cables

Headquarters

HQ city

Zagreb

HQ country

Croatia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Electric Cable Manufacturing and Sales: ELKA manufactures and sells electric cables including power cables, telecommunications cables, marine cables, and specialized cables for various industrial applications. The company serves energy, telecommunications, transport, and industrial sectors.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

ELKA manufactures and sells electric cables and conductors including medium and high voltage power cables (up to 132 kV with VDE certification at 110 kV), telecommunications cables, marine and submarine cables, halogen-free fire-resistant installation cables, fiber optic cables, welding cables, and self-regulating heating cables. Products serve energy utilities, telecommunications operators, shipbuilding and offshore, railway transport, and construction sectors, with an annual production capacity of 25,000 tons.

Differentiator

Problem solved

Functional benefit

Products and services

• High Voltage Power Cables (up to 132 kV, XLPE)
• Medium Voltage Power Cables (XLPE)

Quantifiable outcome

• 25,000 tons annual production capacity
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered flagship, core, major and minor.

• Iskra GroupflagshipStrategic or Co-development Partner · 1 July 2021In July 2021, ELKA became part of Iskra Group following regulatory approval in Croatia and Slovenia. Iskra Group is a leading regional and globally present provider of intelligent industrial solutions and state-of-the-art electrical products. This acquisition initiated a new cycle of continuous investments, development, and growth for ELKA.
• Rosendahl NextromcoreTechnology or IntegrationOngoing collaboration with Rosendahl Nextrom plays an important role in developing and enhancing ELKA's production capacities. Their technology supports efficiency, innovation, and maintenance of high production standards. Two new Rosendahl lines are expected to arrive in 2026 as part of investment plans.
• Saudi EnergymajorChannel Partner/ Reseller/ DistributorELKA has successfully completed the supplier registration process and has been officially approved as a supplier for Saudi Energy. ELKA is now included in the Saudi Energy supplier database, marking an important milestone in international growth and expansion within the energy sector.
• IskracoreGTM or Marketing PartnerELKA participated alongside partners from Iskra at Hannover Messe 2026, the world's leading industrial trade fair. Joint presence at major trade events for marketing and business development purposes.
• Sveučilište Sjever (University North)minorOthersELKA hosts students from Sveučilište Sjever for practical insight into their work, technologies, and engineering challenges. Hosted 29 mechatronics students and expecting 30 more from electrical engineering program. Supports next generation of engineers and strengthens cooperation between industry and universities.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• LS Cable & System: Korean global cable manufacturer with leading positions in HV power cables, submarine cables, and specialty cables, including a growing European presence. Direct product overlap with ELKA, but with substantially larger scale and global reach.
• Nexans: French global cable manufacturer with strong positions in HV power transmission, submarine cables, and specialty industrial cables. Closely comparable product range to ELKA, particularly in HV power and marine/submarine cables, but with multi-billion-euro revenue and integrated EPC capabilities.
• Leoni AG: German cable and wiring systems manufacturer with a wire and cable division producing power, specialty, and industrial cables for energy, automotive, and infrastructure. Comparable in product mix to ELKA's specialty cable lines, with broader geographic reach and a focus on wiring systems.
• NKT A/S: Danish cable manufacturer with a leading position in HV power cables and submarine cable systems, including recent VDE-certified HV products. Highly comparable to ELKA in the HV power cable segment, though NKT is significantly larger and more focused on turnkey submarine cable projects.
• Prysmian Group: Global #1 cable manufacturer offering power cables, submarine cables, telecom cables, and specialty cables for utilities, energy, and infrastructure. Directly comparable product portfolio to ELKA across LV/MV/HV power, marine, and telecom cables, but operates at vastly greater scale (€15B+ revenue) and with global multi-site manufacturing.

Regional players

• Reka Cables: Finnish cable manufacturer producing power, installation, and telecom cables for buildings, industry, and energy. Comparable in scale and product mix to ELKA, but primarily serving Nordic and Northern European markets rather than ELKA's CEE/Middle East focus.

Direct peers

• Tele-Fonika Kable (TF Kable): Polish cable manufacturer producing power cables, telecom cables, and specialty cables, headquartered in CEE with international reach. Closest size and product-portfolio match to ELKA in Europe, including HV power cables, marine cables, and railway cables for similar European and Middle East customers.
• Brugg Cables: Swiss cable manufacturer focused on HV and EHV power cables, including special-purpose and submarine cable systems. Direct peer to ELKA in the high-voltage power cable segment with comparable size, strong European positioning, and emphasis on specialty cable certifications.
• Hellenic Cables: Greek cable manufacturer (part of Viohalco) producing HV and EHV submarine and underground power cables, plus telecom and specialty cables. Direct peer to ELKA in HV power cables and marine/submarine cables, with comparable scale and strong Mediterranean/European customer base.
• Tratos Group: Italian cable manufacturer specializing in power, marine, fire-resistant, and railway cables, including halogen-free and LSZH product lines. Closely comparable to ELKA in the specialty/marine/railway cable niches with similar size and European customer footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Elka