Termoelektro D.o.o.

What Termoelektro D.o.o. does

Termoelektro D.o.o. is a privately held industrial-services firm founded in 1997 and domiciled in Bosnia and Herzegovina, based on the.ba country-code top-level domain of its website (termoelektro.ba). Per its stated firmographic description, the company specializes in the engineering, construction, overhaul, and maintenance of thermal-energy plants, industrial plants, and other process facilities, positioning it as a mid-market EPC and after-service contractor serving the energy and heavy-industrial sectors.

The firm operates with a headcount band of 101–250 employees, consistent with a focused specialist contractor capable of executing multi-disciplinary mechanical, electrical, and process engineering scopes typical of thermal-power overhauls and industrial plant builds. No product catalog, technology stack, certifications, customer logos, or named contracts were disclosed in the available input, and the primary web source is a CAPTCHA-only page that yields no additional company content. As a result, the specific service mix between greenfield construction, retrofits, scheduled outages, and long-term maintenance contracts cannot be decomposed from the supplied evidence.

On revenue mechanics, the input data is silent on pricing model, go-to-market, customer count, and financial scale; no funding rounds, ownership structure, management team, or geographic footprint beyond the.ba domain are documented. The investment-relevant reading is that Termoelektro is a long-tenured, privately held SEE industrial-services specialist whose addressable market is shaped by regional thermal-generation capex, outage cycles, and industrial plant maintenance demand, but whose specifics on customers, financial trajectory, and competitive positioning cannot be triangulated from the available data.

Name

Termoelektro D.o.o.

Website

https://termoelektro.ba

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

Termoelektro D.o.o. is a privately held Bosnia and Herzegovina-based industrial services firm, founded in 1997 with 101–250 employees, specializing in engineering, construction, overhaul, and maintenance of thermal energy, industrial, and process plants.

Ownership category

akta.pro rank

Product category

Industrial Engineering and Construction Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Turbine and Turbine Generator Set Units Manufacturing (333611)

SIC

Petroleum Refining (2911), Cogeneration Services & Small Power Producers (4991)

akta.pro industry

PRIMARYEUAEAGAA

Thermal Power Plant O&M (Coal, Gas, Oil)

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Operations & Maintenance (O&M) Services for Energy Assets

SECONDARYEUAEAGAG

Refinery & Petrochemical O&M / Maintenance Outsourcing

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Operations & Maintenance (O&M) Services for Energy Assets

Keywords

• Thermal energy engineering
• Industrial plant construction
• Process plant maintenance
• Power plant overhaul
• Industrial EPCM services

Headquarters

HQ city

Brcko

HQ country

Bosnia & Herzegovina

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure

Core offering

Termoelektro D.o.o. specializes in engineering, construction, overhaul, and maintenance of thermal energy, industrial, and other process plants. The company serves utility, industrial, and process-sector clients with services covering the full plant lifecycle — from initial construction and engineering to periodic overhaul and ongoing maintenance.

Differentiator

Problem solved

Functional benefit

Products and services

• Thermal Energy Plant Engineering Engineering design and engineering services for thermal energy plants, delivered to utility and industrial clients building or modifying thermal power assets.
• Thermal Energy Plant Construction Construction services for thermal energy plants, delivered to utility and industrial clients building thermal power facilities.
• Industrial Plant Engineering Engineering services for industrial facilities, supporting owners and operators of industrial plants in design and technical planning.
• Industrial Plant Construction Construction services for industrial facilities, supporting clients building new or expanded industrial plants.
• Process Plant Engineering Engineering services for other process plants, supporting industrial clients in process-facility design and project execution.
• Process Plant Construction Construction services for process plants, supporting industrial clients building or expanding process facilities.
• Thermal Energy and Process Plant Overhaul Overhaul services for thermal energy, industrial, and other process plants, delivered to operators needing major refurbishment or life-extension of existing plant assets.
• Thermal Energy and Process Plant Maintenance Maintenance services for thermal energy, industrial, and process plants, delivered to operators on an ongoing basis to keep assets safe and operational.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights2 records

Regional players

• Končar: Croatian electrical equipment manufacturer and power plant services provider; overlaps with Termoelektro in power generation equipment supply and plant maintenance.
• Đuro Đaković: Croatian heavy engineering group historically focused on boiler, pressure vessel, and thermal power plant equipment; comparable as a regional thermal EPC/O&M contractor in the Western Balkans.
• ENERGOINVEST: Bosnian engineering, procurement and construction group historically active in power generation, transmission and industrial plants; the closest direct domestic peer to Termoelektro in scope and geography.
• INEA (Bosnia/region control systems): Slovenian-headquartered industrial automation and energy solutions group with presence across the Western Balkans; comparable as a regional services provider to power and industrial plants.

Broad incumbents

• Siemens Energy: Global OEM of gas, steam and wind turbines plus extensive power plant service network; competes for the same thermal plant O&M and retrofit contracts Termoelektro targets, albeit at much larger scale.
• MAN Energy Solutions: Supplies large-bore diesel, gas and steam turbines and provides extensive plant O&M services; competes for thermal and industrial process plant service contracts in the region.
• GE Vernova: Spun off from GE, this global power equipment and services company covers steam, gas and grid solutions; competes for thermal plant overhaul and long-term service agreements across the Balkans.
• Voith: German engineering group with strong turbine, generator and hydropower service operations; relevant peer because Balkan thermal and hydropower plants commonly use Voith equipment requiring O&M support.
• Worley: Global energy, chemicals and resources project services and O&M provider; comparable as a full-scope EPC and maintenance contractor serving power and process plant operators.
• ABB Energy Industries: Supplies electrification, automation and digital solutions plus services for power and process plants globally; competes for instrumentation, control and O&M work at the same customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/termoelektro

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 Termoelektro D.o.o.