Treva, S.r.o.

What Treva, S.r.o. does

Treva, S.r.o. is a privately held Slovak elevator installation, modernization, and service company founded in 1994 and headquartered in Bratislava, with a regional sales office in Lisková covering central and eastern Slovakia. The company designs, supplies, installs, and services a full range of elevator systems — residential, hospital, hotel, high-speed (up to 2.5 m/s), freight and car elevators (up to 4,000 kg), panoramic glass elevators, fire-rated elevators, and home lifts — and offers specialized self-supporting steel shafts as narrow as 86 cm for retrofits in buildings never designed for elevators. Its technology stack centers on gearless traction drives, microprocessor controllers with frequency inverters (energy class A, up to 40% energy savings), Ziehl-Abegg and SICOR motors, and a proprietary online elevator monitoring system with automatic fault alerts.

Treva's revenue is generated primarily through one-time project revenue from new installations, full elevator replacements (EUR 25,000–46,500+), and component-level retrofits (control cabinets EUR 4,200–8,500; cabins EUR 6,000–14,000; motors EUR 3,500–7,000), supplemented by recurring service and maintenance contracts and ŠFRB-financed modernization projects for residential housing cooperatives. The go-to-market is sales-led and direct: an enterprise field-sales team targets hospitals, hotels, public institutions, and postal/logistics operators, while a regional sales representative and an online configurator serve mid-market apartment buildings and individual customers. The company reports 1,000+ completed projects nationwide and is led by managing directors Martin Vavro and Roman Vavro, representing a generational leadership transition.

The operating model is that of an established domestic SME competing against global OEMs (Otis, Schindler, KONE, ThyssenKrupp) in a single-country market, with differentiation rooted in custom engineering for tight-space retrofits, direct customer financing assistance via the ŠFRB partnership, and a connected installed base supporting recurring service revenue. Expansion is currently concentrated in geographic densification within Slovakia and product extension into IoT-based monitoring and low-energy elevator solutions rather than international growth.

Name

Treva, S.r.o.

Legal name

TREVA, s. r. o.

Website

https://trevavytahy.sk

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Treva, s.r.o. is a Slovak elevator installation, modernization, and service company founded in 1994, serving residential apartment buildings, hospitals, hotels, and public institutions across Slovakia with custom gearless-drive elevators, self-supporting narrow shafts, and recurring maintenance contracts.

Ownership category

akta.pro rank

Product category

Elevator Installation, Replacement, and Maintenance Services

akta.pro industry

PRIMARYBPABAIAL

Traction/Machine-Room-Less (MRL) Elevator Service & Maintenance

Business & Public Services/Facilities Management & Building Services/Elevator & Escalator Service & Maintenance

SECONDARYBPABAIAE

Elevator Modernization & Retrofit (Controllers, Drives, Door Systems)

Business & Public Services/Facilities Management & Building Services/Elevator & Escalator Service & Maintenance

SECONDARYBPABAIAH

Elevator Remote Monitoring & Predictive Maintenance (IoT/Connected Elevators)

Business & Public Services/Facilities Management & Building Services/Elevator & Escalator Service & Maintenance

SECONDARYIMAIABAF

Elevator, Escalator & Lift Maintenance

Industrials, Manufacturing & Construction/Industrial Services & Facility Operations/Building Maintenance & Repair (MEP/HVAC/Plumbing/Electrical)

Keywords

• Elevator installation
• Elevator replacement
• Elevator maintenance
• Elevator modernization
• Freight elevator systems

Headquarters

HQ city

Bratislava

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Elevator sales and installation: Design, supply and installation of new elevators for various building types including residential, commercial, healthcare, hotels, and industrial. Includes custom shaft construction, cabin installation, and full commissioning. One-time project revenue per installation.
2. Elevator replacement and modernization: Complete replacement of old elevators including motors, control electronics, frequency converters, shaft reconstruction, and cabin upgrades. Pricing from EUR 25,000 to EUR 46,500+ depending on capacity and floors. One-time project revenue.
3. Elevator servicing and maintenance: Comprehensive elevator servicing including regular maintenance and repairs, ensuring reliability and safety per latest standards. Regular revision inspections and expert tests by revision technicians. Ongoing service contracts.
4. Control cabinet replacement: Replacement of old elevator switchboards (e.g., Transporta type) with new frequency converter switchboards. Price range EUR 4,200–8,500 depending on elevator type (TOV 250/500 kg). One-time service revenue.
5. Motor repair and replacement: Gearbox and motor repair/refurbishment (EUR 850–3,500) and replacement with new gear or gearless motors (EUR 3,500–7,000). One-time service revenue.
6. Elevator cabin replacement: Complete elevator cabin replacement including frame, structure, and side walls. Pricing EUR 6,000–14,000 depending on capacity. One-time project revenue.
7. Elevator door replacement: Replacement of manual and automatic elevator doors. Manual doors EUR 850–1,100; automatic doors EUR 890–1,500. One-time component replacement revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

TREVA designs, supplies, and installs new elevators and provides complete elevator replacement, modernization, and ongoing maintenance/inspection services across Slovakia. Offerings span residential, healthcare, hospitality, commercial, public-sector, industrial/freight, and home elevator segments, supported by custom self-supporting shaft engineering, gearless drives, frequency-inverter controls, and online monitoring.

Product overview

Treva, S.r.o. is a Slovak elevator company established in 1994, offering a comprehensive portfolio of elevator products and services. The core offerings include new elevator installation, elevator replacement, elevator modernization, and elevator service/maintenance. Their product range encompasses standard elevators for residential buildings, panoramic elevators with glass cabins, high-speed elevators for tall buildings (up to 2.5 m/s), car elevators and freight elevators (up to 4000 kg capacity), hospital elevators with medical features, fire elevators for firefighter access, and home elevators/lifting platforms. Component offerings include elevator cabins (glass, laminate, stainless steel), elevator doors (automatic and manual), elevator motors (Ziehl-Abegg, SICOR), control electronics, buttons and access controls (including card, QR, biometrics), and custom elevator shafts (interior, exterior, self-supporting for spaces from 86cm width). Service capabilities include online elevator monitoring, testing and inspections, and an elevator configurator tool for custom design visualization.

Differentiator

Problem solved

Functional benefit

Products and services

• Elevator Replacement Complete replacement of old elevators with modern, energy-efficient units, including motor replacement, control electronics, frequency converters, shaft reconstruction, and cabin upgrades. Pricing from EUR 25,000 to EUR 46,500+ depending on capacity and number of floors. Targeted at residential buildings, healthcare facilities, hotels, public institutions, and commercial properties across Slovakia.
• Elevator Modernization Upgrade of existing elevators to extend lifespan and improve reliability, including replacement of control systems, motors, doors, and cabins. Specialized in modernizing elevators in existing apartment buildings and commercial/mixed-use properties.
• Elevator Service and Maintenance Comprehensive elevator maintenance, repairs, and regular inspection services performed by certified revision technicians to ensure reliability and safety per latest standards. Offered as ongoing service contracts.
• New Elevator Installation Design and delivery of new elevators tailored to building specifications, including custom self-supporting shaft construction (interior, exterior, steel/glass, as narrow as 86 cm) for buildings never designed with elevators. Covers all elevator types from residential to commercial, including panoramic, high-speed, hospital, car/freight, fire, and home/lifting-platform variants.
• Elevator Control Electronics Modernization and Frequency Converter Repair

Quantifiable outcome

• Energy consumption reduction of 30–50% with new elevators compared to 40-year-old units
• +4 more outcomes

Named customers19 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Štátny fond rozvoja bývania (ŠFRB)coreStrategic or Co-development PartnerPartnership with the Slovak State Housing Development Fund (ŠFRB) to provide financing support for residential building elevator modernization. TREVA assists with loan applications, voting instructions, application submission, and complete loan processing, enabling apartment buildings to finance elevator replacements through subsidized government loans.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Otis Worldwide: World's largest elevator company with established Slovak operations. Direct competitor for institutional and residential modernization tenders where global reference lists influence customer selection.
• Mitsubishi Electric (Elevator/Escalator Division): Japanese elevator major with high-speed elevator technology (similar to TREVA's 2.5 m/s capability) and growing European presence; competes in premium and high-rise segments.
• Schindler: Swiss elevator major operating across Central Europe with full installation, modernization, and service capabilities. Competes for the same premium institutional and high-rise projects as TREVA.
• TK Elevator (ThyssenKrupp): One of the four global elevator majors with strong presence in Europe. Competes with TREVA across residential modernization, service contracts, and digital elevator monitoring offerings.
• KONE: Global elevator and escalator major with deep Central European presence. Competes with TREVA across new installation, modernization, and maintenance in Slovakia; offers a much broader portfolio and nationwide service network.

Direct peers

• Stannah: UK-based family-owned elevator and stairlift company with a similar generational-ownership profile to TREVA. Comparable focus on residential retrofit, accessibility, and recurring service revenue.
• Cibes Lift Group: Swedish home elevator and platform lift manufacturer focused on accessibility and aging-in-place renovations across Europe. Comparable niche to TREVA's residential and home-lift offering.
• KLEEMANN Hellas: Greek elevator manufacturer with strong focus on modernization, compact shaft solutions, and European service. Most comparable direct peer in terms of product positioning in residential/institutional retrofit markets.
• Aritco: Swedish home lift and accessibility platform specialist. Comparable to TREVA's home elevator / lifting platform segment and overlapping IoT/digital configurator capabilities.
• Ascendor: Austrian home lift and platform lift manufacturer specializing in compact, space-saving installations. Closely comparable to TREVA's narrow-shaft (86cm) and stairwell-mirror elevator capability.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/treva-s-r-o-

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Treva, S.r.o.