Mikroelektronika

What Mikroelektronika does

Mikroelektronika A.D. is a Bosnia and Herzegovina–based electronics manufacturer founded in 1975 in Banja Luka, Republika Srpska, that designs and produces smart electricity meters, fiscal systems, and operates an accredited EMC testing laboratory. Its metering portfolio is split into the MEM series of single-phase meters (MEM500, MEM600) for residential applications and the MET series of three-phase meters (MET410, MET500, MET600 Direct, MET600 Multirange, MET650) for commercial and industrial deployments, supplemented by the MEC data concentrator and μSys/μMeter meter data management software. All products are developed internally from design through final assembly and are certified to international standards including DLMS, IDIS, G3-PLC, MID, ISO 9001, and CE/EN 50470, with support for modular communication modules spanning GSM/GPRS, PLC (S-FSK, DCSK, G3), Ethernet, Zigbee, and LoRaWan. The company also sells fiscal cash registers (ME K20) and fiscal printers (ME P1000) for retail fiscalization markets.

Mikroelektronika sells primarily through direct B2B sales to utilities and energy distribution companies, with channel partners (notably Sitel and Nites) supporting regional expansion into South Africa and sub-Saharan Africa. The company participates heavily in industry trade events — ENLIT Africa, ENLIT Europe, CIRED conferences, and regional energy fairs — as a top-of-funnel demand generation channel. Revenue derives from hardware sales (smart meters, fiscal devices), one-time licensed software (μSys, μMeter), and professional services from its EMC laboratory. Pricing is not publicly disclosed and is handled via direct sales contact. The company claims presence in 35 markets worldwide with a network of 125 partner companies.

The business is privately held under joint-stock company (A.D.) form, led by General Director Dragan Praštalo and Deputy General Director Goran Praštalo. Ownership structure is not publicly disclosed; no parent company, institutional investors, or funding rounds are mentioned in the source material. The firm marked its 50th anniversary in January 2026 and continues to refresh its product line, most recently with the MET650 three-phase meter premiered at ENLIT Bilbao in November 2025.

Name

Mikroelektronika

Legal name

Mikroelektronika A.D.

Website

https://mikroelektronika.net

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

101–250 employees

Short description

Mikroelektronika A.D. is a Bosnia and Herzegovina-based electronics manufacturer founded in 1975 that designs and produces smart electricity meters (MEM and MET series), fiscal cash registers and printers, and provides EMC testing services for utilities and energy distribution companies across roughly 35 markets.

Ownership category

akta.pro rank

Product category

Smart Electricity Meters

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Test, Measurement & Calibration Equipment Manufacturing Services (ATE, DAQ, metrology electronics) (IMAGAGAH)

akta.pro secondary industry

Metering, Calibration & Flow Measurement Verification (EUAEAHAM)

Keywords

• Smart electricity meters
• Fiscal cash registers
• Energy management systems
• Electromagnetic testing services
• Meter data management

Headquarters

HQ city

Banja Luka

HQ country

Bosnia & Herzegovina

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Smart Electricity Meters: Sale of electronic electricity meters (MEM and MET series) for residential, commercial, and industrial applications
2. Fiscal Systems: Fiscal cash registers and printers (ME K20, ME P1000) for compliance with fiscal regulations
3. Software Packages (μSys and μMeter): Software solutions for meter data management and energy monitoring systems
4. EMC Laboratory Services: Accredited high-technology laboratory for electromagnetic testing and verification of electricity meters

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Mikroelektronika A.D. designs, develops, and manufactures electronic electricity meters (single-phase MEM series and three-phase MET series), data concentrators, and meter data management software (μSys and μMeter), along with fiscal cash registers (ME K20) and fiscal printers (ME P1000). The company also operates an accredited EMC testing laboratory for verification of electricity meters. Products are developed entirely in-house from design through final assembly.

Product overview

Mikroelektronika A.D. is an electricity meters and fiscal systems manufacturer established in 1975, producing smart metering solutions for energy management. The company offers a comprehensive portfolio of electronic electricity meters split into two main series: the MEM series (single-phase meters including MEM500 and MEM600) for residential applications, and the MET series (three-phase meters including MET410, MET500, MET600 Direct, MET600 Multirange, and the newly launched MET650) for commercial and industrial applications. Supporting infrastructure includes MEC data concentrators and μSys/μMeter software packages for meter data management. The company also manufactures fiscal systems (ME K20 fiscal cash register and ME P1000 fiscal printer) for retail fiscalization requirements, and operates an accredited EMC testing laboratory. All products are developed internally, designed according to ISO and CE standards, and support DLMS communication protocols with modular options for GSM/GPRS, PLC, Ethernet, Zigbee, and LoRaWan connectivity.

Differentiator

Problem solved

Functional benefit

Products and services

• MEM600 Single-Phase Smart Electricity Meter Single-phase multi-tariff electronic electricity meter for measuring active or active and reactive energy and power in single-phase two-wire networks. Supports DLMS communication protocol and modular communication modules including GSM/GPRS, PLC (S-FSK, DCSK, G3), Ethernet, and LoRaWan. MID certified for European markets and G3-PLC Alliance certified.
• MEM500 Single-Phase Electronic Electricity Meter

Quantifiable outcome

• Energy loss reduction and cost savings through accurate metering and remote management
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• SitelcoreChannel Partner/ Reseller/ DistributorSitel is a key channel partner representing Serbian (Bosnian) smart meter manufacturers. Companies Mikroelektronika and Sitel jointly participate at CIRED conferences and represent Serbian smart meter manufacturers at industry events.
• NitescoreChannel Partner/ Reseller/ DistributorNites is a partner company presenting with Mikroelektronika at ENLIT Africa, providing complete solutions for South African market trends including online prepaid solutions and smart meter integration for sub-Saharan region expansion.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Itron: US-headquartered global smart metering and analytics provider serving electric, gas, and water utilities. Overlaps with Mikroelektronika in DLMS-based electricity metering for utilities worldwide.
• Elster Group (Honeywell): Honeywell-owned smart metering brand with deep European utility heritage and broad AMI portfolio. Competes with Mikroelektronika for the same DLMS-compliant utility customers globally.
• Sagemcom: French-headquartered provider of smart meters and energy management solutions, particularly strong in European markets. Directly comparable DLMS/IEC-compliant product portfolio aimed at utilities.
• Landis+Gyr: Global leader in smart electricity, gas, and water metering with a comprehensive AMI portfolio. Mikroelektronika competes in overlapping tender opportunities at a much smaller scale, particularly in emerging-market utility rollouts.

Direct peers

• EDMI (Osaki Electric): Singapore-based smart meter manufacturer (owned by Japan's Osaki Electric) serving utilities across Asia-Pacific, Middle East, and Africa. Comparable size and international focus with similar certification-driven product strategy.
• ADD Grup: Moldovan-headquartered manufacturer of smart electricity meters and AMI solutions for utilities in Eastern Europe and CIS. Closest regional peer by geography and product scope.
• Kamstrup: Danish manufacturer of smart electricity, heat, water, and gas meters with strong European utility footprint. Comparable mid-tier European smart metering specialist targeting DLMS/IDIS standards.
• ZIV Automation: Spanish manufacturer of smart metering, protection, and communication equipment for utilities. Similar profile as a regionally-rooted European meter OEM competing in international tenders.

Emerging players

• Wasion Group: Chinese manufacturer of smart metering, energy management, and IoT solutions with strong export presence in emerging markets. Competes against Mikroelektronika in sub-Saharan and Southeast European tenders on price.
• Hexing Electrical: Chinese smart meter OEM with broad international footprint in Africa, Southeast Asia, and Latin America. Direct competitive overlap in emerging-market AMI deployments.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mikroelektronika-ad

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Mikroelektronika