#Croatia

KONČAR has continued its trend of growth in the second quarter of 2024, closing the first half of 2024 with new business milestones.

Končar – Instrument Transformers has delivered 27 power and 15 voltage eco-conscious instrument transformers to Litgrid.

KONČAR – Transformer Tanks (KTK) will focus on manufacturing transformer tanks.

Končar D&ST has received another Zlatni ključ (Golden Key) award in the best large exporter category.

As part of a consortium with Romanian company Electromontaj S.A., KONČAR has undertaken the revitalization of the Vidraru Hydropower Plant.

Montenegro, Bosnia and most of Croatia’s Adriatic coast where temperatures approached 40°C experienced a major power blackout on Friday.

DRI, the green energy unit of Ukraine’s DTEK Croup, is acquiring a 126 MW solar project in Romania and planning to build a 127.5 MW wind farm in Croatia.

The companies have initiated a pilot project to manufacture ten distribution transformers with rated capacities of 100 and 800 kVA.

The acquisition has received all regulatory approvals, enabling an integration of the Neoen portfolio into Statkraft’s operation in Croatia.

The company has announced the results from the first quarter of the fiscal year.

The total value of the deal and the exact identity of the buyer weren’t disclosed.

The deal is worth over €14 million.

The will be used in the Jafurah gas field’s development efforts.

The value of the deal wasn’t disclosed by Končar.

The delivery included 20 110 kV power transformers.

The power transmission equipment manufacturer won the order from Svenska kraftnät.

For KONČAR Group, the business year 2023 was extremely successful.

The company announced its engineers are performing design supervision over the laying of 110 kV cable lines that connect Croatian islands.

The company has submitted an application with the Croatian Ministry of Economy requesting an assessment of the environmental impact of the project, the ministry said in a statement.

Končar has said that the transformer will be delivered to an unnamed customer.

The Croatian electrical equipment manufacturer said that the delivery is part of a four-year agreement signed in 2022.

Dalekovod-Projekt said it will take part in Lika, a key national power transmission project.

Croatia’s largest net exporter also aims to reach order backlog of €1.6 billion.

KONČAR’s PROZA Station is the first to achieve a cybersecurity certification aligned with the international security standard IEC 62351.