MAGNA ENERGIA a.s.

Name

MAGNA ENERGIA a.s.

Legal name

MAGNA ENERGIA a.s.

Website

https://magna-energia.sk

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Retail Energy Supply

NAICS

Electric Power Transmission, Control, and Distribution (22112), Steam and Air-Conditioning Supply (221330)

SIC

Electric, Gas & Sanitary Services (4900), Natural Gas Transmisison & Distribution (4923), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Customer Energy Engagement (In-Home Displays, Portals, Usage Insights) (EUADAFAH)

akta.pro secondary industries

DER Program Operations & Customer/Installer Enablement (Applications, Portals, Inspections) (EUADALAO), DER Grid Services & Market Enablement (Ancillary Services, Flexibility) (EUADALAK)

Keywords

• Alternative electricity supply
• Natural gas retail
• Photovoltaic energy services
• Renewable energy buyback
• Energy retail services

Headquarters

HQ city

Piešťany

HQ country

Slovakia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Supply: Supply of electricity to households and businesses with various tariff options including fixed and variable rates. Revenue generated from electricity volume sold plus distribution fees passed through.
2. Gas Supply: Natural gas supply services for households and businesses for cooking, heating, and industrial operations.
3. Renewable Energy Services: Services related to own electricity production from renewable sources including photovoltaic systems. Includes electricity rental, buyback of surplus renewable electricity, and energy production optimization.
4. Heat Production and Distribution: Production and distribution of heat under ÚRSO license.
5. Distribution Services: Operation of local distribution systems (MDS) for customers with their own distribution networks.
6. Energy Advisory: Rented energy specialist services (Firemný energetik) helping businesses optimize energy consumption and costs.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

MAGNA ENERGIA a.s. is an alternative energy supplier in Slovakia that sells electricity and natural gas to households and businesses under ÚRSO licenses, with additional revenue from heat production and distribution. The company differentiates itself through photovoltaic-related services, including electricity lending (Požičovňa elektriny) that lets solar customers lend surplus power and reclaim it later, renewable energy buyback, operation of local distribution systems (MDS), and dedicated corporate energy specialist advisory (Firemný energetik). Customers access accounts through oPORTAL, iPORTAL, and the MagnApp mobile application.

Product overview

MAGNA ENERGIA a.s. is an energy company operating as an alternative electricity and gas supplier in Slovakia. The company's product portfolio centers on three core offerings: electricity supply, gas supply, and energy producer services for renewable sources. These core products are supported by several value-added modules including Požičovňa elektriny (electricity lending for photovoltaic owners), Firemný energetik (corporate energy advisory), Distribúcia (distribution network management), and variable tariff rate options. Digital access is provided through customer-facing portals including oPORTAL (customer portal) and iPORTAL (technical portal), plus the MagnApp mobile application. The company serves both household and business segments.

Differentiator

Problem solved

Functional benefit

Products and services

• Electricity Supply (Elektrina) Sale of electricity to Slovak households and businesses under ÚRSO license, available with fixed-rate tariffs and variable time-of-use tariffs. Includes full management of the supplier-switching process at no cost to the customer.
• Natural Gas Supply (Plyn) Sale of natural gas to Slovak households and businesses under ÚRSO license for cooking, heating, and commercial or industrial use, accompanied by energy advisory services.
• Energy Producer Services (Výrobca energie) Service package for customers generating their own electricity from renewable sources, particularly photovoltaic installations, combining buyback and lending programs to maximize the value of on-site production.
• Electricity Lending (Požičovňa elektriny) Rental/leasing program for owners of photovoltaic systems who can lend surplus electricity to MAGNA ENERGIA and have it returned when their own consumption exceeds generation, increasing utilization of rooftop solar.
• Corporate Energy Specialist (Firemný energetik) Outsourced corporate energy advisory service in which MAGNA assigns a dedicated energy specialist to a business customer to optimize energy consumption and reduce costs.
• Distribution Services (MDS) Operation and management of customers' own local distribution networks (MDS), covering technical operation, regulatory compliance, and maintenance so the customer saves time, cost, and effort.
• Renewable Energy Purchase (Výkup elektriny z obnoviteľných zdrojov) Voluntary buyback of electricity generated from renewable sources for producers who are not subject to mandatory offtake, allowing them to monetize surplus generation through MAGNA ENERGIA.
• Heat Production and Distribution Production and distribution of heat under ÚRSO license, complementing the company's electricity and gas supply portfolio for the Slovak market.

Quantifiable outcome

• 9,000+ households and 22,000+ business customers served
• +1 more outcomes

Named customers18 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered major, notable and core.

• VeCom SK, a.s.majorOthersMost important business partner in electricity and gas trading in 2023. Major supplier partner for both electricity and gas commodities.
• Slovenský plynárenský priemysel, a.s. (SPP)majorStrategic or Co-development PartnerMajor gas trading partner. One of the most important business partners in electricity and gas trading in 2023.
• ELGAS, s.r.o.notableOthersImportant business partner in electricity trading in 2023.
• Energie2, a.s.notableOthersImportant business partner in electricity trading in 2023.
• G&E Trading, a.s.notableOthersImportant business partner in electricity trading in 2023.
• ČEZ, a. s.notableOthersImportant business partner in electricity trading in 2023.
• MVM CEEnergy s.r.o.notableOthersImportant business partner in electricity trading in 2023.
• VODOHOSPODÁRSKA VÝSTAVBA, ŠTÁTNY PODNIKnotableOthersImportant business partner in electricity trading in 2023.
• CERTOP s.r.o.coreStrategic or Co-development PartnerCertification body that successfully recertified MAGNA ENERGIA for ISO 9001, ISO 14001, ISO 45001, and ISO 50001 standards.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• MVM CEEnergy Slovakia: Slovak subsidiary of Hungarian MVM Group supplying electricity and gas to households and businesses. Comparable alternative-supplier model and named as one of MAGNA's important 2023 trading partners.
• Pow-en: Slovak alternative electricity supplier focused on households and businesses. Directly comparable customer targets and product set, competing for the same switching customer pool as MAGNA.
• ELGAS: Slovak alternative electricity and gas supplier. Highly comparable in scale, customer mix, and product offering, and operates as both competitor and trading partner to MAGNA.
• G&E Trading: Slovak alternative energy supplier active in electricity trading. Comparable as a smaller alternative supplier competing for the same SMB and prosumer customers, and listed as a notable 2023 trading partner of MAGNA.
• Energie2: Slovak alternative electricity and gas supplier serving households and businesses. Closely comparable business model, customer segments, and product set, and explicitly identified as one of MAGNA's important electricity trading partners in 2023.

Broad incumbents

• Západoslovenská energetika (ZSE): Major regional electricity and gas utility serving western Slovakia. Comparable as a licensed multi-utility supplier under ÚRSO with overlapping products (electricity, gas, customer portals), but with an established distribution-network base that MAGNA does not match.
• Slovenský plynárenský priemysel (SPP): The dominant gas incumbent in Slovakia. Directly comparable as a licensed gas supplier operating under the same ÚRSO framework, but with materially larger scale, broader portfolio, and incumbent market position that contrasts with MAGNA's alternative-supplier stance.
• Veolia Energia Slovensko: Major heat and energy operator in Slovakia. Comparable through its heat production/distribution activities (paralleling MAGNA's ÚRSO heat license) and through supplying energy to industrial customers, but at meaningfully larger scale.
• ČEZ Slovensko: Slovak arm of Czech energy group ČEZ. Overlaps with MAGNA in electricity supply to households and businesses in Slovakia, but operates at much larger scale and is also a trading partner, making it both competitor and supplier.
• Stredoslovenská energetika (SSE): Central Slovakian regional utility offering electricity and gas supply. Comparable in licensed supply and customer-portal capabilities, but with incumbent distribution assets and a larger customer base.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/magnaenergia

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

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 MAGNA ENERGIA a.s.