What RIKO d.o.o. does

RIKO d.o.o. is a privately held Slovenian engineering and construction company headquartered in Ljubljana that delivers turnkey technological solutions across seven business verticals: Industry, Energy, Intralogistics Systems, Transport Infrastructure, Building Construction, Environmental Protection, and Information Technology. Founded in 1960 as Ribniška industrija kovinske opreme and transformed during the 1990s from an equipment supplier into a comprehensive technology solutions provider, the company executes complex multi-year projects on a FIDIC contract basis (Design & Build, Yellow Book, Red Book) for government clients and large enterprises across Slovenia, the Western Balkans, former USSR markets, DACH, UK, and EU. Notable projects include a 54M EUR transformer substation contract in Belarus (2011), Slovenia's first nuclear radioactive waste repository at Vrbina (2024), a 6 MW photovoltaic station at HPP Brežice, the largest floating pier in the Mediterranean for the Slovenian Armed Forces, and an automated high-bay warehouse for the Bavarian State Opera in Germany (2020–2023).

The company's underlying technology stack combines industrial equipment manufacturing, energy infrastructure, automated storage and retrieval systems, transport infrastructure construction, environmental engineering, and proprietary IT platforms. Its three branded software products — RikoSmart (digital twin building management with BIM/IoT integration), RikoMES (AI-driven manufacturing execution and control system), and RikoWMS (warehouse management with AGV, robotic manipulator, and AR integration) — extend its service offering into ongoing operational optimization post-construction. RIKO operates through seven international representative offices (Minsk, Kyiv, Zagreb, Paris, London, Astana, plus Ljubljana HQ) and delivers large projects through consortium partnerships with specialized firms (e.g., Kolektor, CGP, Kostak for nuclear; Hidroinženiring for environmental engineering; Bueter Hebetechnik for German lifting equipment).

RIKO generates revenue primarily through project-based turnkey engineering and construction contracts (professional services revenue model) supplemented by equipment supply (hardware sales). Pricing is quote-based and project-specific with no public catalog. The customer base spans government entities (Slovenian ministries of defense, infrastructure directorates, energy agencies, municipalities) and large enterprises (KRKA, HESS, Luka Koper, Dravske elektrarne Maribor, AVTOVAZ, Liebherr). The company is founder-controlled, with Janez Škrabec serving as director and primary public figure since the 1990s transformation.

Name

RIKO d.o.o.

Legal name

RIKO d.o.o.

Website

https://riko.si

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

11–50 employees

Short description

RIKO d.o.o. is a Slovenian turnkey engineering and construction firm delivering multi-sector infrastructure projects (energy, transport, intralogistics, construction, environment, IT) to governments and large enterprises across CEE, former USSR, and EU markets via FIDIC contracts.

Ownership category

akta.pro rank

Product category

Engineering and Construction Services

NAICS

All Other Industrial Machinery Manufacturing (333248)

SIC

Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Mechanical, Electrical & Piping Installation (MEP) (EUAKAAAG)

akta.pro secondary industries

Project & Program Management (PMO), Controls & Reporting (EUAKAAAC), Balance-of-Plant (BOP) EPC (Turbine Island, Conventional Systems, Buildings) (EUAKAAAF), Infrastructure Planning, Capital Programs & Project Delivery Offices (PMOs) (BPAIALAJ)

Keywords

• Turnkey engineering projects
• Industrial process automation
• Energy infrastructure construction
• Warehouse automation systems
• Environmental engineering services

Headquarters

HQ city

Ljubljana

HQ country

Slovenia

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Turnkey Engineering & Construction Projects: RIKO generates the majority of revenue through executing large-scale, complex infrastructure and industrial projects on a turnkey basis (design-build, FIDIC contract structures). Projects span energy, transport, logistics, environmental, and building construction sectors. Revenue is project-based, one-time per contract, with long project cycles typically spanning 1-3 years. Projects are delivered through consortium structures with strategic partners.
2. Technology Equipment Supply: Supply and installation of specialized technological equipment including industrial machinery, automated storage systems, electrical/hydro-mechanical equipment, and proprietary IT systems (RIKOSMART, RIKOMES, RIKOWMS).

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

RIKO d.o.o. is a turnkey engineering and construction contractor delivering large-scale infrastructure, industrial, energy, environmental, intralogistics, transport, and IT projects on a design-build basis under FIDIC contracts. The company supplies specialized technological equipment, automated storage systems, and proprietary software platforms (RikoSmart, RikoMES, RikoWMS) for industrial process optimization, building management, and warehouse operations.

Product overview

RIKO d.o.o. provides comprehensive technological solutions for green and digital transformation across seven business areas: Industry, Energy, Intralogistics Systems, Transport Infrastructure, Building Construction, Environmental Protection, and Information Technology. The company operates as a turnkey project provider offering both sector-specific engineering services and proprietary software products. The core digital product portfolio includes three main solutions: RikoSmart (digital twin platform for building management), RikoMES (manufacturing execution system), and RikoWMS (warehouse management system), which complement the company's engineering and construction service offerings.

Differentiator

Problem solved

Functional benefit

Brands

• RikoSMART: Digital twin platform for building management and property maintenance
• RikoMES
• RikoWMS

Products and services

• RikoSmart Digital twin platform for building management that integrates smart devices for real-time tracking and control, enabling building owners to actively participate in maintenance and quickly resolve service issues. Compatible with BIM and IoT methods, provides 3D models, and supports facility management and energy optimization for smart buildings.
• RikoMES Advanced manufacturing execution and control system that flexibly optimizes production processes using AI technologies, improves planning, enables better production analysis and optimization through precise order tracking, inventory management, and energy consumption monitoring.
• RikoWMS Modern digital warehouse management solution that optimizes warehouse operations and automates processes, providing precise real-time inventory tracking, efficient inventory management, and productivity improvement with AR module support and integration with automated storage systems.
• Turnkey Engineering & Construction Projects Design-build turnkey delivery of large-scale complex infrastructure and industrial projects across seven business areas (industry, energy, intralogistics, transport infrastructure, construction, environmental protection, IT). Projects span design, construction, and commissioning under FIDIC contract structures for government bodies and enterprise clients, typically with 1-3 year execution cycles.
• Industrial Technological Equipment Supply Supply and installation of specialized technological equipment including industrial machinery, automated storage systems, electrical and hydro-mechanical equipment, and machining centers. Examples include horizontal machining centers (model TCF 2.6) for VOLAT, NBH6 machining centers for Hydrosila, and special machining centers for GOMSELMASH.
• Automated Storage and Retrieval Systems (AS/RS) Custom high-bay automated storage and retrieval systems (AS/RS) including specially developed SRG/S cranes designed for non-standard loads such as opera set containers with dimensions 9.7m x 2.3m x 2.7m. Includes specialized lifting platforms for delivery and dispatch, integrated with IT warehouse management systems.

Quantifiable outcome

• 15,000 m² solar power plant - one of the largest in Slovenia
• +3 more outcomes

Named customers22 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Kolektor, CGP, KostakcoreStrategic or Co-development Partner · 3 October 2024Strategic consortium partners for the construction of Slovenia's first nuclear facility (low and intermediate level radioactive waste repository at Vrbina, Krško). RIKO leads the consortium as general contractor, with Kolektor, CGP, and Kostak contributing their respective engineering and construction expertise.
• Hidroinženiring (Slovenia)coreStrategic or Co-development PartnerPartnership with Slovenian company Hidroinženiring for water and environmental engineering projects. Collaborated on the Volkovo wastewater treatment plant in Macedonia (Görče Petrov, Skopje) and wastewater treatment plant in Pleternica, Croatia.
• Presoflex gradnja (Croatia)minorImplementation/ SI/ Consulting PartnerCroatian construction company collaborating with RIKO on the Pleternica wastewater treatment project in Croatia, co-financed by the EU Cohesion Fund.
• SAS Stroj d.o.o. (Croatia)minorStrategic or Co-development PartnerStrategic partner in mechanical engineering. Produced machining equipment for VOLAT and GOMSELMASH projects in cooperation with RIKO specialists.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Danieli Group: Italian industrial machinery and plant supplier with comparable delivery of machining centers, gear-manufacturing equipment and process lines to automotive and heavy-industrial customers such as AVTOVAZ, VOLAT and GOMSELMASH — overlapping directly with RIKO's industrial-equipment supply business.
• TGW Logistics Group: Austrian specialist in automated warehouse and intralogistics systems, directly competing with RIKO's intralogistics division on AS/RS contracts such as the Bavarian State Opera high-bay warehouse and KRKA's automated storage installations.
• Knapp AG: Austrian-headquartered specialist in intralogistics, warehouse automation and distribution-center technology — overlapping directly with RIKO's warehouse-automation and IT-management system (RikoWMS) customer base in pharma, retail and food.
• Kolektor Group: Slovenian-headquartered industrial and EPC group operating across energy, construction and infrastructure — RIKO's named consortium partner on Slovenia's first nuclear facility and the most direct Slovenian comparability in scale and project mix.
• Swisslog (KUKA Group): Swiss-headquartered warehouse automation and robotics vendor serving pharmaceutical, retail and industrial customers — directly comparable to RIKO's automated storage, WMS (RikoWMS) and AGV/robotic-manipulator integration offerings for KRKA, Ljubljanske mlekarne and Savuškin produkt.

Broad incumbents

• Skanska AB: Nordic-rooted global construction and project-development group with strong green-building and transport-infrastructure credentials, comparable to RIKO's emphasis on sustainable construction and multi-sector turnkey delivery at much larger scale.
• Strabag SE: Austrian-listed, Europe-wide turnkey construction and infrastructure contractor with overlapping FIDIC-based delivery model, transport infrastructure portfolio and CEE/Western Balkans market presence — a much larger incumbent but the closest pan-European comparable.
• Bechtel Corporation: U.S.-headquartered global EPC incumbent with premier nuclear, energy-infrastructure and government-project credentials — directly comparable to RIKO's nuclear (NSRAO Vrbina), defence (Slovenian Armed Forces floating pier) and major public-sector turnkey positions, though at vastly greater scale.
• Implenia AG: Swiss-listed construction and real-estate services firm with active DACH and CEE presence — comparable to RIKO in scale and multi-vertical turnkey delivery, with similar FIDIC-style contract structures for complex infrastructure projects.
• Vinci Construction: French-listed global construction and civil-engineering contractor with extensive FIDIC turnkey, transport-infrastructure and energy-project franchises — a much larger incumbent but directly comparable in the European public-procurement EPC space RIKO competes in.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@rikogroup
• Facebookfacebook.com/rikodoo/?locale=sl_SI
• LinkedInlinkedin.com/company/energoplan-d.d.
• Instagraminstagram.com/riko_experience
• TikToktiktok.com/@riko_v_piko

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 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 RIKO d.o.o.