Middle Eastern ventures grant Končar over one billion euros in construction contracts
April 11, 2025: KONČAR's Middle East Expansion in Full Swing!
Get ready to soak up some sun, Dubai, because Croatia's engineering powerhouse, KONČAR, is back in town! That's right, they're making a splash at this week's Middle East Energy Fair, showcasing their cutting-edge solutions for the production, transmission, and distribution of electricity.
But it ain't just a vacation, folks. KONČAR's eager to deepen their global position as the go-to partner for green energy transitions. So, they're ramping up promotional activities at trade fairs, looking to snag more deals and dominate the market, island style.
Now, what's really got everybody talking is KONČAR's new office in Saudi Arabia. Yep, that's right, they've hit the Middle East, baby! This move is just the cherry on top of their Dubai Fair appearance, setting the stage for even more expansion in the region.
Last year, KONČAR delivered the first three earthing transformers for local engineering companies in Saudi Arabia, positioning them in three key locations. And this year, they've already got more than twenty grounding transformers lined up, making a significant splash in the market with their high-current game-changers.
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With a mind-blowing €1.1 billion in contracts for 2025 alone, KONČAR's pretty much covered for the year. They're even planning ahead for 2026 and beyond, we're talking big time!
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Oh, and while we're keeping it real, here are a few other tantalizing tidbits that caught our eye:
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Keep it fresh, folks! until next time.
[1] KONČAR Gets a New CEO
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[2] TE Connectivity Acquires Harger
[3] EMEA Transformer Market Growth
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[4] Global Transformer Market Projection
- KONČAR, in its ongoing mission to lead the industry, is expanding its presence in Dubai, exhibiting its innovative solutions for energy production, transmission, and distribution at the Middle East Energy Fair.
- Beyond their Dubai fair presence, KONČAR is setting up shop in Saudi Arabia, aiming to further cement their position as a global leader in green energy solutions.
- In the financial sector, KONČAR has secured a massive €1.1 billion in contracts for 2025, signifying a significant stride in their business operations.
- Linking with their ambitious expansion plan, KONČAR has already lined up more than twenty grounding transformers for the Middle East market, displaying its commitment to high-current innovations.
