Rade Koncar TEP
Rade Koncar TEP is a privately held Macedonian manufacturer and electrical contractor that designs MV/LV substations, transformers, and switchgear, and delivers turnkey electrical installations and metal-fabrication services to industrial, automotive, healthcare, and commercial clients across Macedonia and the Balkans.
- Company typePrivate
- Founded1959
- HeadquartersSkopje
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Rade Koncar TEP does
Rade Koncar TEP is a privately held Macedonian manufacturer and electrical contractor headquartered in Skopje, operating as part of the Rade Koncar brand with 65 years of tradition in the metal processing and electrical industry. The company designs and produces a portfolio of MV/LV electrical equipment including metal prefabricated and concrete compact substations, distribution transformers (50–1,600 kVA, IEC 60076 / EU Ecodesign 548/2014 compliant), outdoor load disconnectors up to 35kV, automatic reclosers up to 20kV, low-voltage distribution devices, meter boxes, automatic power factor correction systems, perforated cable trays, and metal enclosures. It also manufactures consumer products such as pellet stoves and houses an advanced metal-fabrication cell including Salvagnini L3 and L1Xe fiber laser cutters, OTC DAIHEN AX-V6 robotic welding, Euromac CNC punching, and an automated electrostatic powder coating line.
The company operates a vertically integrated business model spanning contract manufacturing services (laser cutting, robotic welding, CNC processing, powder coating) and full turnkey electrical installation for industrial, commercial, healthcare, and institutional clients. Revenue is generated through one-time equipment sales and project-based installation contracts awarded via direct sales, with consumer pellet stoves distributed through partner channels in Macedonia and the Balkans. The customer base is B2B and largely enterprise-scale, with documented projects for Adient Automotive, ARC Automotive, ODW Elektrik, Neuromedica, Zan Mitrev Clinic, Skopje City Mall, Procredit Bank, the Pilot Training Center in Skopje, and Johnson Controls, across automotive, healthcare, retail, banking, and aviation end-markets. The company holds ISO 9001, ISO 14001, and OHSAS 18001 certifications and publishes an ESG report, and in April 2026 signed a letter of intent with U.S.-based Pantheon Atlas LLC to participate in a €50 billion AI data center project in central Croatia, with construction targeted for 2027. The company has 51–100 employees and is privately held with no public listing or disclosed institutional investors.
Rade Koncar TEP firmographics
Firmographics- Name
- Rade Koncar TEP
- Legal name
- Rade Koncar TEP
- Website
- https://koncar.com.mk
- Company type
- Private
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Rade Koncar TEP is a privately held Macedonian manufacturer and electrical contractor that designs MV/LV substations, transformers, and switchgear, and delivers turnkey electrical installations and metal-fabrication services to industrial, automotive, healthcare, and commercial clients across Macedonia and the Balkans.
- Ownership category
- akta.pro rank
Rade Koncar TEP industry classification
Industry- Product category
- Electrical Equipment Manufacturing
- NAICS
- Power, Distribution, and Specialty Transformer Manufacturing (335311), Switchgear and Switchboard Apparatus Manufacturing (335313), Electrical Equipment Manufacturing (3353)
- SIC
- Power, Distribution & Specialty Transformers (3612), Switchgear & Switchboard Apparatus (3613)
- akta.pro primary industry
- Transformers (Power, Distribution, Instrument, Specialty) (IMAGAAAA)
- akta.pro secondary industries
- Power Transformers, Reactors & Auxiliary Power Systems (EUADACAJ), Circuit Breakers, Disconnectors, Earthing Switches & Switchgear Components (EUADACAH), High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control) (EUAEAFAA), Reactive Power & Power Quality Equipment (Capacitor Banks, Reactors, STATCOM/SVC, Harmonic Filters) (IMAGAAAG), Low-Voltage Switchboards & Panelboards (LV distribution panels, MCCs, switchboards) (IMAGAEAA), Medium-Voltage Distribution Components (MV breakers, disconnects, reclosers, MV terminations & joints) (IMAGAEAL)
Keywords
Where Rade Koncar TEP is headquartered
LocationHeadquarters
- HQ city
- Skopje
Offices1 record
Markets served
Rade Koncar TEP business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Electrical Equipment Sales: Sale of electrical equipment including substations, transformers, switchgear, distribution devices, and meter boxes to industrial, commercial, and utility customers.
- Electrical Installation Services: Complete electrical installation services for construction projects including high and low voltage installations, performed as contractor for industrial, healthcare, and commercial facilities.
- Metal Processing Services: Contract manufacturing services including laser cutting, robotic welding, CNC punching, bending, and powder coating for third-party customers.
- Consumer Products: Sale of pellet stoves and related heating products through commercial partners on Macedonian and Balkan markets.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
Rade Koncar TEP product offering
Product offeringCore offering
Rade Koncar TEP manufactures low and medium voltage electrical equipment including substations, distribution transformers, switchgear, load disconnectors, reclosers, low voltage distribution devices, meter boxes, power factor correction systems, metal sheet enclosures, cable trays, and diesel generators. The company also operates an in-house metal processing capability offering laser cutting, robotic welding, CNC punching/bending, and electrostatic powder coating services, and delivers complete high and low voltage electrical installation projects for industrial, commercial, healthcare, and infrastructure facilities.
Product overview
Rade Koncar TEP is a leading Macedonian company in metal processing and electrical industry with 65 years of tradition, part of the Rade Koncar brand. The company offers a comprehensive portfolio of electrical equipment products including substations (metal prefabricated and concrete), distribution transformers (50kVA-1600kVA), load disconnectors, reclosers, low voltage distribution devices, meter boxes, automatic power factor correction systems, metal sheet enclosures, perforated cable trays, diesel generators, pellet stoves, and metal sheet products. The product line also includes manufacturing services such as laser cutting (Salvagnini L3 and L1Xe), robotic welding (OTC DAIHEN AX-V6), electrostatic powder coating, and general metal sheet processing. The company also provides complete electrical installation project services for industrial and commercial facilities including automotive factories, healthcare facilities, commercial centers, and training centers. Recently, Rade Koncar signed a letter of intent with U.S.-based Pantheon Atlas LLC for a potential 50 billion euro AI data center project in central Croatia (targeting construction start in 2027), though this remains a preliminary agreement.
Differentiator
Problem solved
Functional benefit
Companies that use Rade Koncar TEP
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
Rade Koncar TEP technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature10 records
Rade Koncar TEP partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Pantheon Atlas LLCmajorRade Koncar TEP signed a letter of intent with U.S.-based Pantheon Atlas LLC for a 50 billion euro AI data center project in central Croatia. This is a significant international partnership announced at the Three Seas Initiative Summit in Dubrovnik, Croatia, with construction targeted to begin in 2027.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Rade Koncar TEP competitors and assessment
Company assessmentBroad incumbents
- Siemens: Major OEM of transformers, switchgear, substations, and complete electrical installations for industrial, healthcare, and infrastructure customers. Competitor for large institutional and data center builds across Central/Southeast Europe.
- Eaton: US-based manufacturer of LV/MV switchgear, power distribution components, enclosures, and industrial control products. Overlapping product families (switchboards, disconnectors, motor controls) and a growing Balkan presence through partners.
- ABB: Manufactures transformers, switchgear, substations, and power quality equipment with extensive utility and industrial exposure. Directly comparable product lines (distribution transformers, MV switchgear, capacitor banks) and competes on the same Balkan and EU project tenders.
- Schneider Electric: Global leader in electrical distribution, switchgear, transformers, and industrial automation. Listed on Rade Koncar TEP's partner/supplier page, serves the same MV/LV equipment and project EPC customers across Europe and the Balkans, with a vastly broader portfolio.
- Legrand: Global specialist in electrical and digital building infrastructure, including cable management, distribution boards, and enclosures. Compares on the LV distribution devices, meter boxes, and cable-tray product lines.
- Hager Group: European family-owned manufacturer of switchgear, distribution boards, cable management, and energy management systems for residential, commercial, and industrial buildings. Competes in the same LV distribution, meter box, and building electrical infrastructure segments across the Balkans.
Direct peers
- EFEN: German manufacturer of fuse links, NH fuses, and MV/LV distribution components, listed as a partner on Rade Koncar TEP's website. Closely overlapping product lines for utility and industrial distribution customers.
- ETI Group: Slovenia-based manufacturer of LV/MV electrical equipment including switchgear, fuses, and distribution devices, listed as a Rade Koncar TEP partner. Regional European OEM with directly overlapping product portfolio and customer segments.
- Klemsan: Turkish manufacturer of LV distribution panels, terminals, and cable management products. Partner on Rade Koncar TEP's homepage and a structurally similar regional OEM competing for the same Eastern European industrial and commercial project scope.
- APATOR: Polish manufacturer of metering, switchgear, and distribution equipment explicitly listed as a partner on Rade Koncar TEP's website. Comparable Central-European OEM positioning with overlapping LV/MV distribution and metering products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Rade Koncar TEP social profiles
Digital presenceRade Koncar TEP compliance and trust
Trust signalCompliance3 records
Rade Koncar TEP financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rade Koncar TEP leadership team
Management profileNumber of profiles
Rade Koncar TEP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rade Koncar TEP M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rade Koncar TEP
What does Rade Koncar TEP do?
Rade Koncar TEP manufactures low and medium voltage electrical equipment including substations, distribution transformers, switchgear, load disconnectors, reclosers, low voltage distribution devices, meter boxes, power factor correction systems, metal sheet enclosures, cable trays, and diesel generators. The company also operates an in-house metal processing capability offering laser cutting, robotic welding, CNC punching/bending, and electrostatic powder coating services, and delivers complete high and low voltage electrical installation projects for industrial, commercial, healthcare, and infrastructure facilities.
Is Rade Koncar TEP a public or private company?
Rade Koncar TEP is a private company. It is classified as unknown and is currently operating.
When was Rade Koncar TEP founded?
Rade Koncar TEP was founded in 1959. It employs 51 to 100 people.
Where is Rade Koncar TEP based?
Rade Koncar TEP is headquartered in Skopje.
How does Rade Koncar TEP make money?
Four revenue lines are on record. Electrical Equipment Sales are the primary driver. The others are electrical Installation Services, metal Processing Services and consumer Products.
Who are Rade Koncar TEP's main competitors?
Broad incumbents on record are Siemens, Eaton, ABB, Schneider Electric, Legrand and Hager Group. Direct peers are EFEN, ETI Group, Klemsan and APATOR.
Does Rade Koncar TEP have an API?
No public API is recorded for Rade Koncar TEP.
What industry is Rade Koncar TEP in?
Rade Koncar TEP's product category is Electrical Equipment Manufacturing. Its primary akta.pro industry code is IMAGAAAA, Transformers (Power, Distribution, Instrument, Specialty), with a secondary code of EUADACAJ, Power Transformers, Reactors & Auxiliary Power Systems. Its NAICS code is 335311 and its SIC code is 3612.