Hilkar Elektrik Elektroteknik Sanayi Ve Ticaret Ltd. Şti.

What Hilkar Elektrik Elektroteknik Sanayi Ve Ticaret Ltd. Şti. does

Hilkar Elektrik Elektroteknik Sanayi Ve Ticaret Ltd. Şti. is a Turkish industrial power-electronics and electrotechnical equipment manufacturer founded in 1985 and headquartered in Sakarya, Turkey. The company designs and produces a broad portfolio of engineered electrical equipment spanning nine product lines: power resistors and resistor cabinets, reactors (shunt, smoothing, filter, arc-furnace), the FlexVAr STATCOM platform based on Modular Multilevel Converter (MMC) topology, static frequency converters rated 1–6 MVA, motor control and soft-starter panels, distribution and cast-resin transformers, harmonic filters, ATEX-certified explosion-proof heaters, and high-voltage test systems. The products incorporate proprietary DSP/FPGA-based control firmware and are typically delivered as custom-engineered solutions rather than catalog items.

The company operates three production facilities in Sakarya and runs an in-house ISO/IEC 17025 accredited test laboratory, which functions both as internal R&D infrastructure and as a revenue-generating testing service. Hilkar serves B2B customers across utilities, heavy industrial motor-drive applications, rail traction, marine, energy-storage, and oil & gas heating segments, with a go-to-market that combines direct sales and project-based EPC relationships. The company's commercial reach is supported by international offices in Germany, South Korea, and Chile, and a multilingual (six-language) corporate website, indicating a deliberate shift toward direct international channels rather than distributor-based export.

Revenue is generated through capital-equipment sales of custom-engineered systems, complemented by ancillary professional services including commissioning, on-site testing, and laboratory testing under ISO/IEC 17025 accreditation. Pricing is project/quote-based, consistent with engineered-to-order capital equipment. The company is privately held, with no disclosed financial figures, funding rounds, or headcount data in the available material.

Name

Hilkar Elektrik Elektroteknik Sanayi Ve Ticaret Ltd. Şti.

Legal name

Hilkar Elektrik Elektroteknik Sanayi Ve Ticaret Ltd. Şti.

Website

https://hilkar.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Hilkar is a Turkish power-electronics OEM founded in 1985 that designs and manufactures custom-engineered STATCOMs, reactors, frequency converters, motor-control panels, and high-voltage test equipment for utilities, heavy industry, rail, and marine customers, with direct offices in Germany, South Korea, and Chile.

Ownership category

akta.pro rank

Product category

Industrial Power Electronics Equipment

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Electrical Equipment Manufacturing (33531), Relay and Industrial Control Manufacturing (335314), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515)

SIC

Electronic Coils, Transformers & Other Inductors (3677), Power, Distribution & Specialty Transformers (3612), Electrical Industrial Apparatus (3620), Services-Testing Laboratories (8734), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Reactive Power & Power Quality Equipment (Capacitor Banks, Reactors, STATCOM/SVC, Harmonic Filters) (IMAGAAAG)

akta.pro secondary industries

Power Transformers, Reactors & Auxiliary Power Systems (EUADACAJ), High-Voltage & High-Power Conversion (HVDC supplies, traction/rail converters, large rectifiers) (IMAGADAH), Electrical Testing & Certification (Protection Relays, Switchgear, Transformers) (EUAEAHAG), Testing, Commissioning & Energization Services (HV) (EUAEABAI)

Keywords

• Power resistors
• Neutral grounding resistors
• Medium voltage reactors
• STATCOM systems
• Industrial power quality

Headquarters

HQ city

Arifiye/Sakarya

HQ country

Türkiye

HQ region

Europe

Offices4 records

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. Power Resistors: Manufacturing and sales of power resistors including neutral grounding resistors, dynamic braking resistors, motor starting resistors, harmonic filter resistors, current limiting resistors, sensing resistors, crowbar resistors, and railway resistive elements.
2. MV & HV Reactors: Air core and iron core reactors for current limiting, neutral grounding, shunt, harmonic filtering, motor starting, electric arc furnace, smoothing, and line/load applications.
3. Special Transformers: Grounding transformers (ZN, ZNyn, YNd, Ii0), motor starting auto-transformers, and high current injection transformers.
4. STATCOM Systems: FlexVAr static synchronous compensator solutions including container-type and panel-type configurations for reactive power compensation and power quality improvement.
5. Motor Control Systems: Reduced voltage motor starting panels, MV soft starters, slip-ring motor starting panels, and braking choppers for external resistors.
6. Testing Systems: Load banks (resistive, inductive, combined, radiator mounted, anti-islanding), turn-key short circuit laboratories, and primary current injection test sets.
7. RC Snubber Design Engineering Services: Specialized engineering services for RC snubber design including power system modeling, worst-case switching analysis, and optimal R and C value selection using EMTDC/PSCAD simulation programs.
8. Power System Engineering Services: Power system studies including short circuit analysis, voltage fluctuations, reactive power and harmonics flow, large motor starting studies, and power quality surveys according to IEEE 519-2014 standards.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Hilkar designs, manufactures, and sells custom-engineered power electronics and electrotechnical equipment including power resistors, medium and high voltage reactors, special transformers, motor control systems, STATCOM reactive power compensation systems, RC snubber filters, power quality equipment, and testing systems for power utilities, heavy industries, railways, and testing laboratories. The company also operates an ISO/IEC 17025 accredited test laboratory providing independent high-power and high-voltage testing services.

Product overview

Hilkar is a manufacturer of industrial electrotechnical equipment founded in 1985, operating from three factories in Sakarya, Turkey, with subsidiaries in Germany, South Korea, and Chile. The company offers a diversified portfolio of power electronics and electrical equipment organized across nine major product lines: (1) Power Resistors — including Neutral Grounding Resistors (NGR), High Resistance Neutral Grounding Devices, Generator Neutral Grounding & Leads Cubicles, Dynamic Braking Resistors, Motor Starting & Control Resistors, Harmonic Filter Resistors, Current Limiting Resistors, Crowbar Resistors, Sensing Resistors, Anti-Condensation Heaters, Ex-Proof Heaters, and Railway Resistive/Inductive Elements; (2) MV & HV Reactors — both air core (current limiting, neutral grounding, shunt, harmonic filter, motor starting, electric arc furnace, smoothing, line & load, test lab, PLC line traps) and iron core (shunt, current limiting, oil-filled magnetically shielded) variants; (3) Special Transformers — Grounding Transformers (ZN/ZNyn/YNd/Ii0), Motor Starting Auto-Transformers, and High Current Transformers; (4) Motor Control — Reduced Voltage Motor Starting Panels (reactor and auto-transformer types), MV Soft Starters, Slip-Ring Motor Starting Panels, and the ABIG CHR 2/650 Braking Chopper; (5) STATCOM — FlexVAr® branded Modular Multilevel Converter-based Static Synchronous Compensators in both Container-Type (10–50 MVAr) and Panel-Type (0.5–10 MVAr) configurations; (6) Power Quality — low voltage iron core reactors (harmonic filter, shunt, motor starting, smoothing, line & load), LCL/Sine/dv/dt/Motor Termination filters, MV Capacitor Banks, and Surge Capacitors; (7) RC Snubber Filters — both Compact and Metal-Enclosed types up to 36 kV; (8) Testing Systems — R/L/C/RD/AI-Series Load Banks, Turn-Key Short Circuit Laboratories, and Primary Current Injection Test Sets; and (9) an ISO/IEC 17025 Accredited Test Laboratory (AB-0665-T). The company also provides RC Snubber Design engineering services. This is a broad product portfolio of physical electrical equipment, not a software platform.

Differentiator

Problem solved

Functional benefit

Brands

• FlexVAr®: Modular Multilevel Converter (MMC) technology-based Static Synchronous Compensator (STATCOM) product line for reactive power compensation, voltage regulation, harmonic filtering, and power quality solutions.

Products and services

• Power Resistors

Quantifiable outcome

• Test laboratory capable of lightning impulse tests up to 1000 kV and short circuit tests up to 25 kA/1 second
• +2 more outcomes

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• TÜRKAK (Turkish Accreditation Agency)coreTechnology or IntegrationTÜRKAK provides ISO/IEC 17025 accreditation (Accreditation Number AB-0665-T) for Hilkar's High Power and High Voltage Test Laboratory, validating the laboratory's technical competence for testing services worldwide.

Scale indicators3 records

Recent moves1 record

Expansion highlights7 records

Broad incumbents

• Eaton: Major electrical equipment manufacturer offering power quality products, harmonic filters, capacitors, and motor control solutions that compete with Hilkar's power quality and motor control portfolio.
• Siemens Energy (Grid Technologies): Supplies STATCOM/SVC, transformers, switchgear, and grid solutions. Comparable to Hilkar's power quality and transformer offerings, with much broader scope and global service network.
• GE Vernova (Grid Solutions): Provides STATCOM, reactors, transformers, and grid integration services. Overlaps with Hilkar's STATCOM and reactor products in utility and industrial power quality markets.
• Schneider Electric: Provides power quality, motor control, and grid equipment through its industrial automation and energy management divisions. Overlaps with Hilkar's power quality filters, motor starters, and capacitor banks.
• Hitachi Energy (formerly ABB Grid Systems): Global leader in STATCOM, SVC, HVDC, transformers, and reactors. Directly competes with Hilkar's FlexVAr STATCOM and reactor portfolio across utility and industrial segments, though operates at vastly larger scale with broader portfolio.
• ABB (Electrification): Manufactures switchgear, motor control, power quality, and electrical components with global reach. Competes with Hilkar across multiple product lines including motor control and reactor offerings.

Direct peers

• Megger: Specialized manufacturer of electrical test and measurement equipment including primary current injection test sets (comparable to Hilkar's AK23/AK43/AK63 series) and high-voltage test instruments.
• OMICRON electronics: Provides high-precision test equipment for protective relays and current transformers, directly comparable to Hilkar's primary current injection test sets and test laboratory services.

Regional players

• Koç Holding Electric / Aktif Elektrik: Turkish industrial electrical equipment manufacturer specializing in power quality solutions, transformers, and electrical engineering services. Direct domestic peer competing in the same Turkish market with similar product focus.

Emerging players

• Sieyuan Electric: Chinese manufacturer of power transmission equipment including reactors, STATCOM, and power quality solutions. Comparable emerging-market competitor targeting similar industrial and utility customers at competitive price points.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hilkar-elektrik-elektroteknik-sanayi-ve-ticaret-ltd-%C5%9Fti

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 Hilkar Elektrik Elektroteknik Sanayi Ve Ticaret Ltd. Şti.