Electroconstructia Elco SA Suceava

Electroconstructia Elco SA Suceava

BBVB:ELEL
2.00
RON
-0.60
(-23.08%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

Sector
Industrial services
Industry
Engineering & construction
Address
Suceava Romania
IPO Date
Jan 13, 1997
Business
Electroconstructia Elco SA Suceava is a Romania-based specialized electrical engineering and construction company primarily engaged in the design, installation, modernization, and maintenance of electrical power infrastructure, transmission and distribution grids, and energy generation facilities. Founded in 1993, with operational roots dating back to 1963 as a specialized regional unit of the state power network enterprise, the company is headquartered in Suceava, Romania, and trades on the AeRO segment of the Bucharest Stock Exchange under the ticker symbol ELEL. The company provides comprehensive engineering, procurement, construction, and technical consulting solutions across utility, municipal, and industrial power sectors under certifications granted by the Romanian Energy Regulatory Authority (ANRE), including Type C1A design and Type E execution accreditations. Its core products and services encompass: design, construction, repair, and modernization of overhead and underground electrical transmission and distribution lines spanning low voltage (0.4 kV), medium voltage (20 kV), and high voltage (110 kV and 220 kV); installation, retrofitting, and commissioning of transformer substations (20/0.4 kV) and high-voltage transformer stations (110/20 kV and 110/6 kV), including low-current systems, protection circuits, and auxiliary monitoring equipment; supply, installation, and servicing of storage battery banks and capacitor banks for reactive power compensation; construction, refurbishment, and mechanical-electrical overhaul of small hydroelectric power plants (microhydropower and CHEMP facilities); installation of complex civil, industrial, and commercial indoor electrical systems and power distribution boards; technical consulting, solution studies, and specialized engineering design for grid connection projects and distribution network expansions; and fabrication and assembly of custom metal structures, steel pylons, supports, and specialized electrical hardware. Electroconstructia Elco SA Suceava caters to regional and national power distribution and transmission operators, municipal authorities, industrial enterprises, and renewable power producers primarily across northeastern Romania and the broader domestic market. In recent developments, Electroconstructia Elco SA Suceava has experienced notable shareholder structure adjustments and regulatory voting-right notifications on the Bucharest Stock Exchange, including shifts in indirect equity holdings by major stakeholders and institutional entities such as Electromontaj SA. Operationally, the company continues to execute network modernization and maintenance contracts aligned with national grid refurbishment initiatives, actively adopting advanced medium- and high-voltage imported switchgear technologies and expanding its technical capabilities in grid-tie infrastructure for energy transition projects.