Zakłady Remontowe Energetyki ELKO Sp. z o.o.

What Zakłady Remontowe Energetyki ELKO Sp. z o.o. does

Zakłady Remontowe Energetyki ELKO Sp. z o.o. (ZRE ELKO) is a Racibórz, Poland-based engineering and manufacturing company founded in March 1991 that designs, produces, assembles, modernizes, and services industrial boilers and pressure equipment. Its product portfolio covers coal-fired, gas-fired, and biomass/RDF-fired steam and hot water boilers up to approximately 50 MW or 60 tons of steam per hour, together with pressure elements (economizers, steam superheaters, waterwalls, membrane walls, headers, reducing stations) and an in-house design office (Biuro Projektowe ELKO) operating to PN-EN 12952-3, PN-EN 12953-3, WUDT/UC/2003, and PN-EN 13480. Service offerings span assembly/erection, modernization, repair, commissioning, and personnel training, and the company holds UDT, TÜV, ASIT/SVTI, and PN-EN ISO 9001:2015 certifications.

The company serves industrial power plants, district heating utilities, sugar factories, food processing plants, and waste-to-energy facilities, with documented projects in Poland plus Germany, France, Austria, the Czech Republic, the United Kingdom, Switzerland, Sweden, Belarus, Ukraine, Finland, and India. It also supplies engineering design services to boiler manufacturers in Germany, Belgium, Austria, the Czech Republic, and France, acting as a specialised design partner within the European boiler ecosystem. The business model is project-based and enterprise-oriented: revenue is generated through hardware sales of boilers and pressure elements, professional services (assembly, modernization, repair, commissioning, training), and engineering/design services, with pricing provided on a per-project quote basis rather than via published price lists.

ZRE ELKO is a privately held Sp. z o.o. (Polish limited liability company) with nominal share capital of 100,000 PLN, registered in the District Court in Gliwice (KRS 0000028312), and operates with a small permanent staff of 13 employees under a management team of one President-General Director, four Vice-Presidents (Implementation, Operations, Technical, Financial), and a Financial Director. It has received two rounds of EU co-financing: 451,750 PLN from the European Regional Development Fund (2007-2013) for R&D and production infrastructure, and 777,355 PLN from the Just Transition Fund (2024-2025) for development of a gas boiler line with an innovative multi-fuel burner system.

Name

Zakłady Remontowe Energetyki ELKO Sp. z o.o.

Legal name

ZAKŁADY REMONTOWE ENERGETYKI "ELKO" SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ

Website

https://zre-elko.pl

Company type

Private

Founded year

1991

Operating status

Operating

Short description

ZRE ELKO is a Racibórz, Poland-based industrial boiler designer, manufacturer, and service provider founded in 1991, delivering steam and hot water boilers up to ~50 MW, pressure elements, and assembly/modernization services to power plants, district heating utilities, sugar factories, and waste-to-energy facilities across 11+ European countries and India.

Ownership category

akta.pro rank

Product category

Industrial Boiler Manufacturing

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures (3430)

akta.pro industry

PRIMARYBPABACAG

Chillers, Boilers & Central Plant Operations

Business & Public Services/Facilities Management & Building Services/Building Engineering & Technical Maintenance (MEP/HVAC)

SECONDARYIMAFAHAM

O&M, Upgrades & Refurbishment of T&D Assets (Reconductoring, Rebuilds)

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Power & Utility Infrastructure Construction (T&D, Substations)

SECONDARYHSAOACAF

Water Heater/Boiler Flue, Venting & Chimney Liner Service

Home & Personal Services/Plumbing, Electrical & HVAC Services/Water Heater & Boiler Installation & Service

Keywords

• Industrial boilers
• Boiler manufacturing
• Power generation equipment
• Boiler modernization services
• Pressure equipment fabrication

Headquarters

HQ city

Racibórz

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Boiler Manufacturing: Production and sale of steam boilers, hot water boilers, and pressure elements for power generation and industrial applications. Revenue is generated through project-based manufacturing contracts.
2. Installation, Modernization and Repair Services: Assembly, modernization, and repair services for boilers, piping, turbine-generator sets, and auxiliary installations in industrial power generation and utilities. Includes commissioning and personnel training services.
3. Engineering and Design Services: Design services for boilers and piping systems provided both internally for own production and externally for European partners (German, Belgian, Austrian, Czech, French). Also includes technical analyses and expert opinions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

ZRE ELKO designs, manufactures, assembles, modernizes, and repairs industrial steam boilers, hot water boilers, and pressure elements (economizers, superheaters, waterwalls) for power generation, district heating, sugar/food processing, and industrial facilities. The company operates an in-house design office and delivers turnkey projects from concept through manufacturing, installation, commissioning, and personnel training. Operations span Poland and more than 11 European countries plus India.

Product overview

ZRE ELKO operates as a comprehensive energy equipment manufacturer and service provider offering a portfolio of boiler products and engineering services. The core product line includes coal-fired steam and hot water boilers (up to 50 MW/60 t/h), biomass boilers (wood chips and RDF), and gas-fired boilers with innovative multi-fuel burner systems. Supporting these, the company manufactures pressure elements such as economizers, steam superheaters, waterwalls, and membrane walls. The integrated Biuro Projektowe ELKO provides in-house design capabilities from conceptual through execution drawings. Service offerings span the full project lifecycle including manufacturing, assembly/erection, modernization, repairs, and commissioning with personnel training. The portfolio functions as an integrated system where design, manufacturing, and services combine to deliver complete turnkey boiler installations and retrofits for industrial and utility power generation.

Differentiator

Problem solved

Functional benefit

Products and services

• Coal-Fired Steam and Hot Water Boilers Coal-fired steam and hot water boilers with capacity up to approximately 50 MW or 60 tons of steam per hour, designed for industrial and utility power generation applications.
• Biomass Boilers Complete steam boilers fired with biomass in the form of wood chips and RDF (Refuse Derived Fuel), designed for sustainable energy generation using organic and waste fuel sources.
• Gas-Fired Boilers with Multi-Fuel Burner System Complete steam and hot water boilers fired with natural gas (and approved for biogas), featuring an innovative burner socket system integrated into boiler construction with modern ribbed heat exchangers for reduced emissions and improved fuel efficiency.
• Pressure Elements Manufacturing Manufacturing of pressure elements including economizers, steam superheaters, waterwalls, membrane walls, headers, reducing stations, collectors, nozzles, and flanges for power generation and industrial applications.
• Biuro Projektowe ELKO - Boiler Design Services In-house design office providing conceptual, basic, and execution designs for boilers fired by coal, natural gas, biomass, municipal waste, RDF, and pre-RDF, plus piping design per PN-EN 13480. Designs provided both internally for own production and externally for European partners.
• Assembly and Erection Services Full-scope assembly, erection, and installation services for boilers, piping, turbine-generator sets, and auxiliary equipment in industrial power generation facilities in Poland and abroad. Assembly personnel hold required E and D qualifications for the power generation sector.
• Boiler Modernization Services Modernization of existing boiler systems and auxiliary power generation equipment to improve efficiency, emissions, and operational performance in industrial and utility power generation.
• Boiler Repair Services Comprehensive repair services for steam and hot water boilers, pressure elements, and auxiliary equipment in professional and industrial power generation.
• Start-up, Commissioning and Personnel Training Technical services related to the start-up, commissioning, and handover of power generation installations, including operator training for operating personnel.

Quantifiable outcome

• Boiler capacity up to ~50 MW or 60 tons of steam per hour
• +1 more outcomes

Named customers5 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

Feature4 records

Partnerships

Five partnerships are on record, tiered moderate and minor.

• German Boiler ManufacturersmoderateStrategic or Co-development PartnerEngineering and design services provided to German companies for boiler projects. ZRE ELKO's design office develops designs that are manufactured by German partner facilities.
• Belgian Boiler ManufacturersminorStrategic or Co-development PartnerEngineering design services provided for boiler projects manufactured in Belgium.
• Austrian Boiler ManufacturersmoderateStrategic or Co-development PartnerOngoing engineering cooperation with Austrian companies for boiler design and manufacturing.
• Czech Boiler ManufacturersminorStrategic or Co-development PartnerEngineering design services for Czech boiler manufacturing partners.
• French Boiler ManufacturersminorStrategic or Co-development PartnerEngineering design services for French boiler manufacturing partners.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Rafako: Polish manufacturer of steam and hot water boilers for power generation, biomass, and waste-fired units. Most direct domestic competitor to ZRE ELKO in industrial and utility boiler production in Poland, though significantly larger.
• SEFAKO: Poland-based manufacturer of industrial steam and hot water boilers serving power, sugar, and district heating markets. Highly comparable product line and target customer segments (especially Polish sugar industry).
• Cochran Boilers: UK-based manufacturer of industrial steam and hot water boilers for power generation and process industries. Comparable in product scope (multi-fuel steam boilers) and in serving European utility/industrial customers.
• SES Tlmače: Slovak manufacturer of industrial steam and hot water boilers serving power generation, district heating, and process industries in Central Europe. Direct comparable on multi-fuel (biomass, gas, waste) capability and Central European footprint.

Broad incumbents

• Bosch Industriekessel: German industrial boiler OEM offering a broad portfolio of steam and hot water boiler systems across Europe. Overlaps with ZRE ELKO in industrial steam boilers but operates at significantly larger scale and broader geographic reach.
• Viessmann Industrial Solutions: Major German heating/industrial boiler manufacturer with extensive multi-fuel industrial boiler offerings. Comparable in fuel flexibility (biomass, gas, waste) and European industrial customer base, but at much greater scale.
• Hoval: Liechtenstein-based manufacturer of heating and boiler systems including industrial hot water and steam boilers. Comparable product category and European footprint, with established presence in biomass/waste heat applications.
• Foster Wheeler (now part of Wood): Global EPC contractor with extensive utility boiler and steam generator heritage. Overlaps with ZRE ELKO on industrial steam boilers and biomass/waste-fired installations but operates at vastly larger scale with broader scope.
• Doosan Enerbility (Doosan Heavy Industries): Korean OEM of large utility boilers and steam generators including biomass and waste-fired designs. Comparable product category for large steam boilers and pressure elements, though at a much larger scale and different geography.

Regional players

• Forbes Marshall: India-based manufacturer of industrial steam boilers and process heating equipment for sugar, food, and process industries. Relevant given ZRE ELKO's India project references and similar focus on sugar/process industrial customers.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance4 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 Zakłady Remontowe Energetyki ELKO Sp. z o.o.