Arteche Lantegi Elkartea, S.A.
ART.MC
Madrid Stock Exchange35.00
EUR
+0.30
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Arteche Lantegi Elkartea, S.A.
ART.MC
(Madrid Stock Exchange)
Recent
price
35.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Arteche Lantegi Elkartea SA engages in the design, manufacture, integration and supply of electrical equipment and solutions for measurement, protection, automation, monitoring and communication in the generation, transmission and distribution sectors of the electricity industry, with a focus on renewable energies and smart grids. Founded in 1946 and headquartered in Mungia, Spain, the company operates worldwide through 13 factories across Europe, America, Asia and Australia, serving more than 175 countries with approximately 2,860 employees. It structures its activities into three main business units: instrument transformers, power grids and turnkey solutions; its core products and services include high voltage instrument transformers, power voltage transformers, protection systems for mixed overhead-underground lines, digital instrument transformers, IEC and IEEE/ANSI medium voltage instrument transformers, medium voltage sensors, railway relays, secondary injection test blocks, substation automation systems, distribution automation controllers, capacitor banks and harmonic filters, reclosers and switches, power quality solutions for grid-connected renewables, trip/supervision/auxiliary relays, flywheel-based storage systems and optical current transformers. Arteche targets utilities, industrial customers and renewable energy developers, emphasizing innovations for energy transition such as grid inertia and network reliability enhancements. In recent developments, the company acquires 100% of RTR Energía in June 2025 to bolster its power quality segment with capacitors, reactors, low/medium voltage capacitor banks and harmonic filters, adding 10,000 square meters of production in Madrid, 73 professionals and presence in over 70 countries; it enters the Finnish firm Teraloop in 2024 with a 10% stake and commercial exclusivity for flywheel energy storage technology; opens a $15 million high voltage impulse laboratory in Mexico to expand North American capacity; secures a €29 million loan from ICO for R&D, digitization and investments; and approves transition from BME Growth to the Spanish continuous market for enhanced liquidity and visibility as of December 2025.