MICo Group s.r.o.

What MICo Group s.r.o. does

MICo Group s.r.o. is the corporate parent of MICo s.r.o., a Czech heavy-engineering manufacturer specializing in custom-built shell-and-tube heat exchangers, pressure vessels, and complex steel weldments for the nuclear, conventional power, and chemical/petrochemical industries. The group was founded in 1993 in Třebíč as a family business providing service support to the Dukovany Nuclear Power Plant and has been a subsidiary of CE Industries, the diversified Czech industrial holding controlled by Jaroslav Strnad, since its 2022 acquisition.

MICo's product portfolio spans five lines: tubular (shell-and-tube) heat exchangers including steam condensers, high- and low-pressure heaters, oil and air coolers, separators and vaporizers; pressure vessels (tanks, columns, boiler drums, separators); special weldments for non-energy sectors such as automotive, electrical engineering and defense; custom precision machining and welding of thick-walled steel components; and subcontracted cooperation services in machining, sheet-metal bending and welding. All units are engineered and manufactured to customer specification in-house, drawing on a 60,000 m2 two-site production footprint in Hrotovice and Kramolín (6-8 km from Dukovany NPP), heavy-lift capacity up to 200,000 kg and 5,500 mm diameter, operating pressures up to 30 MPa (300 bar), and temperatures up to 300°C. The company's engineering center uses HTRI thermal-hydraulic, VVD/PVESS strength and SolidWorks 3D CAD software and designs to EN 13445, PED, ASME and AD 2000 codes.

MICo generates revenue through project-based one-time contracts negotiated via direct enterprise sales, with no intermediaries, no standard pricing, and no public price disclosure. Customers are large utilities, EPCs and equipment OEMs (ČEZ, Doosan Škoda Power, Siemens, Rolls Royce, GE Vernova/Alstom, Bouygues, Hitachi Zosen INOVA, Chart, Çalık Enerji). The company markets through industry trade shows (World Nuclear Exhibition, NUSIM, Nuclear Encounter), career events at Czech technical schools, a multilingual corporate website, and a small direct sales team covering Czech, Slovak, German, English and Russian markets. Stacked nuclear-sector and quality certifications (ISO 9001/14001/45001, ISO 3834-2, EN 1090, PED 2014/68/EU, AD 2000-Merkblatt, ČEZ qualified supplier, NUMEX Award, and newly obtained ASME) constitute the core competitive barrier in its served market.

Name

MICo Group s.r.o.

Legal name

MICo s.r.o.

Website

https://mico.cz

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

MICo Group s.r.o. is a Czech heavy-engineering firm (subsidiary of CE Industries) that designs and manufactures custom shell-and-tube heat exchangers, pressure vessels, and complex steel weldments for nuclear, conventional power, and chemical/petrochemical customers worldwide from a 60,000 m2 two-site production footprint near Dukovany NPP.

Ownership category

akta.pro rank

Product category

Industrial Pressure Equipment Manufacturing

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334)

SIC

Fabricated Plate Work (Boiler Shops) (3443), Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

akta.pro secondary industries

Chemical Processing Equipment (Reactors, Mixers, Agitators) (IMAHAEAA), Boilers, Furnaces & Process Heating Equipment (IMAHAKAD)

Keywords

• Shell and tube heat exchangers
• Pressure vessel manufacturing
• Nuclear power plant equipment
• Heavy steel fabrication
• Energy engineering services

Headquarters

HQ city

Třebíč, Vysočina

HQ country

Czechia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Heat Exchanger Manufacturing: Design and manufacture of shell & tube heat exchangers including steam condensers, high-pressure/low-pressure/heating heaters, oil and air coolers, separators, vaporizers for nuclear and conventional power plants, petrochemical and chemical facilities. Revenue generated from large-scale custom orders with complete technical solutions including thermal-hydraulic and strength calculations.
2. Pressure Vessel Manufacturing: Design and manufacture of tanks, columns, boiler bodies (drums) and separators for extreme operating conditions. Products manufactured from carbon steel, stainless steel, titanium, and brass for nuclear, chemical and petrochemical applications.
3. Special Weldments and Custom Manufacturing: Special weldments for non-energy sectors including automotive, electrical engineering, defense industries. Also custom small-batch production and cooperation services for machining, sheet metal bending, and welding operations.
4. Engineering Services: Complete technical solutions from customer requirements including thermal-hydraulic calculations, strength calculations, structural design, production and welding documentation, quality management documentation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

MICo Group s.r.o. designs and manufactures custom shell-and-tube heat exchangers (steam condensers, high-pressure/low-pressure/heating heaters, oil and air coolers, separators-heaters, vaporizers) and pressure vessels (tanks, columns, boiler drums, separators) for nuclear and conventional power plants, petrochemical and chemical industries. It also produces special weldments and small-batch custom fabrications for automotive, electrical engineering and defence, and offers subcontracted cooperation services for machining, sheet-metal bending and welding. All products are engineered, calculated and manufactured in-house to customer specifications, rated up to 30 MPa (300 bar) and 300°C.

Product overview

MICo Group s.r.o. is a manufacturing company specializing in heavy engineering for the energy sector. Its core product portfolio consists of five main categories: Tubular (Shell & Tube) Heat Exchangers (steam condensers, heaters, coolers, vaporizers), Pressure Vessels (tanks, columns, boiler bodies, separators), Special Weldments (structural weldments for automotive, defence, and other non-energy sectors), Custom Manufacturing (custom steel components and spare parts across various industries), and Cooperation Services (subcontracting for machining, welding, and forming operations). The company operates two production plants near the Dukovany Nuclear Power Plant and maintains an in-house engineering center that provides complete technical solutions including thermal-hydraulic calculations, strength calculations, and production documentation. All products are custom-manufactured to individual customer specifications.

Differentiator

Problem solved

Functional benefit

Products and services

• Tubular (Shell & Tube) Heat Exchangers

Quantifiable outcome

• Supplied 24 steam separators/heaters to 3 nuclear power plants between 2006-2009
• +3 more outcomes

Named customers14 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

Feature4 records

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Babcock Power: US-based supplier of heat exchangers, condensers, and pressure parts for the power generation industry including nuclear, fossil, and concentrated solar. Comparable engineered-equipment scope and customer base.
• SPX Heat Transfer (SPX Technologies): Global supplier of heat exchangers and air-cooled heat exchangers for power, petrochemical, and industrial markets. Comparable engineered-product portfolio and customer overlap with utility and process industries.
• BORSIG: German manufacturer of pressure vessels, heat exchangers, and process equipment for chemical, petrochemical, and power industries. Direct mid-cap peer in heavy fabricated pressure equipment for energy and process applications.
• Kelvion: German manufacturer of industrial heat exchangers (gasketed plate, shell & tube, brazed) for power generation, chemical, and HVAC applications. Directly comparable product overlap with MICo's shell & tube heat exchanger portfolio and similar target customers in power/chemicals.
• GEA Group: German industrial group with a Heat Exchangers division serving power, chemical, and HVAC markets with shell & tube and plate exchangers. Comparable scope of engineered thermal equipment for process and power industries.
• Alfa Laval: Swedish multinational and global leader in heat transfer, separation, and fluid handling — including shell & tube and plate heat exchangers for power, petrochemical, and nuclear applications. Closest large-cap public peer for MICo's heat exchanger business.
• Hamon: Belgian engineering group specializing in cooling systems, heat exchangers (air-cooled, shell & tube), and air quality systems for power plants and industrial users. Directly comparable offering for power-plant heat transfer equipment.

Emerging players

• Chart Industries: US manufacturer of cryogenic and heat-transfer equipment including LNG vaporizers; named as a MICo customer for Gibraltar LNG terminal project. Overlapping capability in engineered thermal and cryogenic equipment, partially customer rather than competitor.
• Doosan Škoda Power: Czech OEM of steam turbines and power-plant equipment and a disclosed MICo customer. Overlap in nuclear and conventional power generation supply chain; partly customer, partly adjacent competitor for power-plant thermal packages.

Broad incumbents

• John Cockerill (formerly CMI): Belgian industrial group with a nuclear/energy division supplying heat exchangers, pressure vessels, and balance-of-plant equipment. Larger incumbent with broader portfolio including thermal and renewable energy systems.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/micogroup

Compliance19 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 MICo Group s.r.o.