Private company

KONČAR – Elektroindustrija d.d.

Logo: Končar Group, Public domain, via Wikimedia Commons3

Rolling stock manufacturer

KONČAR – Elektroindustrija d.d. is a Croatian electrical, transport and energy company based in the Trešnjevka neighborhood of Zagreb, Croatia. Listed on the Zagreb Stock Exchange being constituent of CROBEX, the company consists of 16 subsidiary companies (as of 2017), employing a staff of 5,271. Annual sales account for 901 million euros, of which 73% are exports.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1921Founded1
  • HeadquartersZagreb1
  • Websitewww.koncar.hr
  • Legal formjoint-stock company1
  • Listed onZagreb Stock Exchange (KOEI)1

KONČAR – Elektroindustrija d.d. is a Croatian electrical, transport and energy company based in the Trešnjevka neighborhood of Zagreb, Croatia.2

The story

The company was founded by two engineers in 1919, formally registered on 24 January 1921 under the name of 'Elektra'. It became a subsidiary of Siemens shortly after that same year. Following World War II, it was nationalised and renamed after Rade Končar, a communist resistance fighter, then finally shortened to Končar in 1991. Notable milestones for the company include the production and delivery of the first electric motor using a varnished wire in 1930, and in 1948 it produced its first generator.

Since then it produced over 400 thousand transformers, 700 generators and delivered around 200 units of rolling stock.

From Wikipedia’s article on KONČAR Group, shared under CC BY-SA 4.0.4

Products and brands

Divisions

KONČAR – Electrical Engineering Institute

An accredited institute which develops solutions for transformers, rotational machines, sensors, high voltage equipment and railway components and systems.

This includes the development, testing and production of electronics, including displays, for the control and monitoring of railway vehicles, transformers and rotational machines, including laboratory equipment.

KONČAR – Electronics and Informatics (INEM)

Develops and produces traction systems, such as inverters for trains, coaches and trams. It produces electronic equipment for the energy sector, as well as various ICT solutions for industrial use.

KONČAR – Engineering

Founded in 1991, it offers engineering services in construction, energy and railway infrastructure. It produces wind turbines.

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KONČAR – Generators and Motors

The division develops and produces large generators for power plants, electric motors for low-floor trams, EMUs, ships, compressor hubs and various other industrial uses.

KONČAR – Electric Vehicles

Produces low-floor trams, electric multiple units and moving bases since 1970.

KONČAR – D&ST

Develops and produces power transformers.

KONČAR – Metal Construction

Produces various metal components such as vehicle bogies, vacuum furnaces, transformer tanks, busbars and individual components for generators.

KONČAR – Switchgear

The division manufactures electrical equipment for transmission and distribution of electricity. The production capacities are located at two locations.

KONČAR – Instrument Transformers

Develops and produces medium voltage instrument transformers.

KONČAR – Motors and Electrical Systems

Low voltage motors and fans.

KONČAR – Catering Equipment

KONČAR — Catering Equipment Ltd. is an industrial company that operates within the KONČAR Group. The company was founded in 1946 and specializes in the design, manufacture, installation and servicing of professional catering equipment.

Since 1994, Končar has been working with Siemens as part of the Končar Power Transformers (KPT) joint venture, manufacturing power transformers at the Zagreb plant.

KONČAR Home Appliances

Producer of home appliances, sold to Lovato Electrics in 2019, together with Low-Voltage Switches.

Products

Railway

Locomotives

HŽ series 1141

HŽ series 1142

Multiple-units

HŽ series 6012 (battery)

HŽ series 6112 (diesel)

HŽ series 6211 (battery electric)

HŽ series 7022 (electric)

Tram and light rail

TMK 2100

TMK 2200

TMK 2300

TMK 2400

From Wikipedia’s article on KONČAR Group, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Owners

From Wikidata.1

Timeline

  1. Nov 2, 1999Went public Listed on Zagreb Stock Exchange1
  2. 1921Founded Founded1