AG Group
AG Group (AG Installations Ltd.) is a Malta-based integrated MEP, turnkey design-and-build, maintenance, and high-voltage infrastructure contractor founded in 2005, serving government utilities (notably Enemalta), commercial developers, hotels, schools, and industrial clients across Malta with selective international project execution.
- Company typePrivate
- Founded2005
- HeadquartersQormi, Malta
- Headcount51–100
- GTM typeB2B
- OfferingServices
What AG Group does
AG Group, legally AG Installations Ltd., is a Malta-based integrated engineering and contracting group founded in 2005 by Andrei Grech, operating from its headquarters in Qormi. The company delivers Mechanical, Electrical, and Plumbing (MEP) contracting, turnkey design-and-build, maintenance contracting, and specialised medium and high voltage infrastructure services for public and private clients across Malta, with selective international project execution into Sicily. It has grown from a one-man electrical installation firm into a workforce of 90 to 125 employees organised across eight business units, holding ISO 9001, ISO 14001, and ISO 45001 certifications and a perfect safety record.
The company's technical core spans low to ultra-high voltage systems: 33kV and 11kV gas-insulated switchgear (GIS), 220kV/132kV transformers including 250MVA autotransformers, 120MVAr and 240MVAr variable shunt reactors for interconnector installations, and SCADA supervisory control integration. Notable flagship work includes the €20.2 million Malta-Sicily Second Interconnector shunt reactor and transformer contract and €9+ million of turnkey 33kV/11kV distribution centre developments for Enemalta. The portfolio also covers MEP installations for schools, hotels, healthcare facilities, manufacturing plants, and luxury residential developments, plus an exclusive Malta dealership for Viessmann heating solutions and a proprietary AG ThermoSphere underfloor heating line.
AG Group makes money through project-based professional services contracts (€100,000 to €50 million per project), recurring maintenance retainer agreements with residential and commercial clients, hardware-led high voltage infrastructure installation contracts, and channel margin on Viessmann heating equipment. Go-to-market is direct enterprise field sales targeting Enemalta, government entities, large developers, and industrial clients, supplemented by competitive tendering for EU-co-financed infrastructure projects. Revenue grew from €55,000 in 2005 to €10 million in 2023, with self-reported projections of €20 million for 2025 and €50 million for 2026.
AG Group firmographics
Firmographics- Name
- AG Group
- Legal name
- AG Installations Ltd.
- Website
- https://aggroup.com.mt
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- AG Group (AG Installations Ltd.) is a Malta-based integrated MEP, turnkey design-and-build, maintenance, and high-voltage infrastructure contractor founded in 2005, serving government utilities (notably Enemalta), commercial developers, hotels, schools, and industrial clients across Malta with selective international project execution.
- Ownership category
- akta.pro rank
AG Group industry classification
Industry- Product category
- MEP Engineering Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Misc Industrial & Commercial Machinery & Equipment (3590)
- akta.pro primary industry
- MEP (Mechanical, Electrical & Plumbing) Engineering Consulting (BPAHAIAE)
- akta.pro secondary industry
- Medium/Low-Voltage Power Distribution (MCCs, Panels, UPS, Grounding) (EUAEAFAB)
Keywords
Where AG Group is headquartered
LocationHeadquarters
- HQ city
- Qormi
- HQ country
- Malta
- HQ region
- Europe
Offices5 records
Markets served
AG Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- MEP Contracting: Project-based mechanical, electrical, and plumbing contracting services for commercial, industrial, and residential sectors. Revenue recognized upon project completion with contract values ranging from €100,000 to €50 million per project.
- Turnkey Design & Build: Integrated design and build solutions across engineering disciplines. Full project lifecycle from design through execution and handover.
- Maintenance Contracting: Ongoing maintenance services for both residential and commercial sectors, including emergency call-outs, short-term and long-term retainer contracts, and personalized maintenance programs.
- Viessmann Heating Solutions: Exclusive partnership for design and installation of Viessmann heating systems, providing recurring revenue through installation services and ongoing support.
- High Voltage Infrastructure: Specialized high voltage engineering solutions including shunt reactors, transformers, and interconnector equipment installation for national energy infrastructure projects.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | MEP Contracting Services |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
AG Group product offering
Product offeringCore offering
AG Group provides integrated mechanical, electrical, and plumbing (MEP) contracting, turnkey design & build, planned and corrective maintenance, project management, and specialized medium/high voltage power infrastructure services in Malta. The company executes projects ranging from €100,000 to €50 million for commercial, industrial, governmental, hospitality, educational, and luxury residential clients. It serves as a single-point-of-contact engineering contractor with in-house design, installation, and ongoing maintenance capabilities.
Product overview
AG Group is a Malta-based engineering services company founded in 2005, operating as an integrated engineering group with eight distinct business units. The company's portfolio is organized around core MEP (Mechanical, Electrical, Plumbing) services supplemented by specialized offerings: High Voltage Systems handles power distribution infrastructure including interconnector projects; Medium & Low Voltage Systems covers electrical installations for various environments; MEP Contracting provides complete mechanical, electrical, and plumbing services for projects up to €50 million; Turnkey Design & Build offers integrated project delivery; Maintenance Contracting delivers ongoing support; Project Management oversees delivery; Viessmann Heating Solutions represents Viessmann products exclusively; and AG ThermoSphere Underfloor Heating provides underfloor heating systems. The company also executes major infrastructure projects including the €20.2 million Malta-Sicily Interconnector and distribution centre developments for Enemalta.
Differentiator
Problem solved
Functional benefit
Brands
- AGON Power Malta: Power and energy solutions brand operated by AG Group
Products and services
- High Voltage Systems Design, installation, and commissioning of high voltage power infrastructure including 33kV/11kV gas insulated switchgear, shunt reactor installations, and 220kV/132kV power transformer projects for national grid operators and utility clients such as Enemalta.
- Medium & Low Voltage Systems Design, supply, and installation of medium and low voltage electrical distribution systems for commercial, industrial, and institutional facilities in Malta.
- MEP Contracting Integrated mechanical, electrical, and plumbing contracting services covering HVAC, electrical, plumbing, and building services for commercial, industrial, hospitality, and institutional projects.
- Turnkey, Design & Build End-to-end turnkey design and build delivery combining in-house engineering design, procurement, construction, and commissioning under a single point of contact for clients such as luxury residential developers and commercial property owners.
- Maintenance Contracting Planned and corrective maintenance services for MEP, electrical, and building systems, delivered to facility owners across commercial, industrial, educational, and government sectors.
- Project Management Project management services coordinating engineering design, procurement, installation, commissioning, and handover across MEP and high voltage infrastructure projects.
- Viessmann Heating Solutions Design, supply, and installation of Viessmann heating systems for residential and commercial buildings, offered as part of AG Group's MEP portfolio.
- AG ThermoSphere Underfloor Heating Proprietary AG ThermoSphere underfloor heating system supplied and installed by AG Group for high-end residential and commercial projects.
Quantifiable outcome
- Executed €20 million Malta-Sicily Interconnector project for national energy infrastructure
- +3 more outcomes
Companies that use AG Group
Customer profileNamed customers12 records
Segments7 records
Ideal customer profiles5 records
AG Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
AG Group partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- Interconnect MaltacoreGovernment entity coordinating the Malta-Sicily interconnector project. Jointly coordinating the 3-day IC1 shutdown and cable rerouting works for the IC2 project.
- Terna Energy SolutionscoreItalian partner for joint cable rerouting works in Ragusa, Sicily as part of the interconnector project coordination between Malta and Italy transmission system operators.
- BESTcoreBEST (Türkiye) is the international technical partner for the Malta-Sicily Second Interconnector project, manufacturing key equipment including 245kV autotransformers (250MVA) and variable shunt reactors (120MVAr and 240MVAr) at specialized facilities.
- ViessmannflagshipExclusive Malta representative for Viessmann heating solutions. AG Group designs and installs advanced heating systems for residential, commercial, and industrial applications using Viessmann products known for energy efficiency and German engineering.
- EnemaltacoreNational electricity supplier and partner for nationwide grid capacity expansion projects including Naxxar and Siġġiewi distribution centres, and the Malta-Sicily interconnector initiative.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
AG Group competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights7 records
Customer concentration
AG Group social profiles
Digital presenceAG Group compliance and trust
Trust signalCompliance3 records
AG Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
AG Group leadership team
Management profileNumber of profiles
Profiles1 record
AG Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
AG Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AG Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AG Group
What does AG Group do?
AG Group provides integrated mechanical, electrical, and plumbing (MEP) contracting, turnkey design & build, planned and corrective maintenance, project management, and specialized medium/high voltage power infrastructure services in Malta. The company executes projects ranging from €100,000 to €50 million for commercial, industrial, governmental, hospitality, educational, and luxury residential clients. It serves as a single-point-of-contact engineering contractor with in-house design, installation, and ongoing maintenance capabilities.
Is AG Group a public or private company?
AG Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was AG Group founded?
AG Group was founded in 2005. It employs 51 to 100 people.
Where is AG Group based?
AG Group is headquartered in Qormi, Malta, in the Europe region.
How does AG Group make money?
Five revenue lines are on record. MEP Contracting is the primary driver. The others are turnkey Design & Build, maintenance Contracting, viessmann Heating Solutions and high Voltage Infrastructure.
Does AG Group have an API?
No public API is recorded for AG Group.
What industry is AG Group in?
AG Group's product category is MEP Engineering Services. Its primary akta.pro industry code is BPAHAIAE, MEP (Mechanical, Electrical & Plumbing) Engineering Consulting, with a secondary code of EUAEAFAB, Medium/Low-Voltage Power Distribution (MCCs, Panels, UPS, Grounding). Its NAICS code is 2211 and its SIC code is 3590.