- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Cordun Romania
- IPO Date
- Nov 28, 1996
- Business
- Elerom SA Roman is a Romanian industrial engineering and electrical equipment manufacturing company that specializes in the production, repair, modernization, and maintenance of power transformers and electrical grid infrastructure. Founded in 1960 as an energy equipment repair facility and incorporated as a joint-stock company in 1992, the company is headquartered in Cordun, near Roman in Neamt County, Romania, and trades on the Bucharest Stock Exchange under the ticker ELER. Elerom operates primarily within the electrical machinery, energy equipment, and utility infrastructure sectors, serving national transmission system operators, regional power distribution system operators, hydroelectric and thermal power generation facilities, and heavy industrial enterprises across Romania and regional markets.
The company operates through two primary operational divisions comprising equipment manufacturing and specialized technical services. Its manufacturing portfolio includes oil-immersed power transformers ranging from 10 MVA to 63 MVA with operating voltages up to 110 kV; oil-immersed electrical distribution transformers with capacities from 16 kVA to 1,600 kVA; medium-voltage disconnectors and switching apparatus; instrument transformers for current and voltage measurement rated up to 400 kV; vacuum-resistant oil conservators and transformer auxiliary assemblies; clamps, fittings, and connection hardware for low- and medium-voltage overhead power lines; structural metal fabrications, support frames, and steel enclosures for electrical substations; and specialized mounting tools, lifting devices, and auxiliary apparatus for high-voltage electrical installations. In its technical services division, Elerom delivers comprehensive repair, engineering redesign, rewinding, and modernization of large-scale power transformers and autotransformers with capacities up to 400 MVA; on-site diagnostic testing, active-part inspections, electrical insulation assessments, and certified PRAM safety verifications; complete overhauls and technical servicing of on-load tap changers; mobile on-site vacuum treatment, filtration, and certified physicochemical laboratory analysis of dielectric insulating oils; and engineering consultancy, commissioning assistance, and technical lifecycle management for electrical transmission and distribution assets.
In recent developments, Elerom SA has expanded its operational footprint in grid refurbishment tenders, maintaining accredited supplier status with major national utility operators such as Transelectrica, Hidroelectrica, and regional distribution network operators undergoing grid modernization initiatives. The company has enhanced its mobile diagnostic and oil purification fleet to expand field servicing capabilities for high-voltage substations. From a capital markets and corporate governance standpoint on the Bucharest Stock Exchange AeRO segment, Elerom has conducted regular general shareholder meetings to ratify financial reporting and operational strategies, updated its financial communication governance frameworks, and processed statutory ownership notifications concerning shifts in significant shareholding thresholds among institutional and private stakeholders.