- CEO
- Eugen Scheusan
- Sector
- Electronic technology
- Industry
- Electronic equipment/Instruments
- Address
- Bucharest Romania
- IPO Date
- Nov 8, 1996
- Business
- Electromagnetica SA is a Romania-based diversified industrial manufacturing, energy, and real estate management company headquartered in Bucharest, Romania. Founded in 1930 and listed on the Bucharest Stock Exchange under the ticker symbol ELMA, the company operates across several primary business segments: Energy Efficiency and Electrical Equipment; Renewable Energy Production and Electricity Supply; Real Estate and Property Management; and Industrial Subassemblies and Tooling. The company provides a comprehensive range of products and services, including LED lighting solutions for street, commercial, industrial, residential, and emergency applications; electricity measurement and management equipment, including smart electronic energy meters and automated remote reading systems under the ENERGSys brand; electric vehicle charging stations and station management software under the ELMotion brand; renewable electricity generation through a network of small hydroelectric power plants in Romania, alongside licensed electricity trading and supply; real estate leasing and property management services through the Electromagnetica Business Park, which offers office space, industrial halls, storage facilities, and conference rooms across more than 32,000 square meters of rentable area; and specialized industrial manufacturing, including the fabrication of high-precision tools and moulds, injected plastic parts, metal subassemblies, electrical panels, and railway traffic safety equipment for automotive, telecommunications, and utility clients. Electromagnetica SA primarily serves domestic and European industrial, municipal, and commercial markets, supported by its in-house research, design, and testing laboratories, and maintains subsidiary holdings including Procetel SA. The company is majority-owned by Infinity Capital Investments S.A., which acquired a controlling interest of approximately 69.2 percent through a mandatory takeover offer. In recent corporate developments, Electromagnetica has executed a strategic reorganization to pivot toward high-margin recurring revenues derived from its commercial real estate and leasing operations while optimizing its traditional manufacturing activities. As part of this operational restructuring, the company has significantly streamlined operating expenditures, rationalized personnel costs, and pursued active portfolio optimization, including competitive processes to divest non-core infrastructure assets such as its electric vehicle charging network.