Revenue distribution by sectors:

• Energy transmission and distribution: approx. 70%
• Industrial applications: approx. 20%
• Renewable energies: approx. 10%

TOP 3 markets and their percentage shares:

• Croatia: approx. 40%
• Germany: approx. 25%
• Austria: approx. 15%

Koncar - distributivni i specijalni transformatori d.d. generates the majority of its revenue from energy transmission and distribution, highlighting the company's central role in power supply. The domestic market Croatia is the largest single market, followed by Germany and Austria, indicating a strong presence in Central Europe. These markets are particularly important for the company as they offer stable and growing demand for transformers and related services.

Production Sites: Zagreb, Croatia

Končar - distributivni i specijalni transformatori d.d. (KODT) mainly produces its products in Zagreb, Croatia. The company is known for manufacturing transformers and strategically located its production facilities in the capital to benefit from the existing infrastructure and access to qualified workforce.

The production facilities in Zagreb are equipped with modern technologies that enable the company to produce high-quality products competitive in both domestic and international markets.

Revenue Growth: Estimated 10% annually (2026 forecast)
Focus on Renewable Energies: Increasing investments in green technologies

Koncar - distributivni i specijalni transformatori d.d. is pursuing a strategy aimed at expanding its product portfolio in the field of renewable energies. The company plans to increase its capacities in the production of transformers for wind and solar plants to benefit from the globally rising demand for sustainable energy solutions.

Furthermore, the company is focusing on tapping into new markets in Eastern Europe and Asia, where there is a growing need for modern energy infrastructure. This is intended to be achieved through strategic partnerships and local joint ventures to facilitate market entry and optimize supply chains.

Another key focus is on digitizing their production processes to achieve efficiency gains and improve cost structure. These measures are intended to enable the company to operate more competitively and ensure long-term profitable growth.

Main raw materials: Copper, steel, insulation materials
Countries of origin: Germany, China, Italy

Koncar - distributive and special transformers d.d. mainly imports copper and steel, the essential raw materials for the production of transformers. Copper is often sourced from countries like Germany and China, known for their metal production. Steel is also imported from these countries as well as Italy, as these countries have a strong steel industry.

Insulation materials, crucial for the safety and efficiency of transformers, are also imported, with the exact countries of origin varying depending on availability and price. The choice of supply countries is based on factors such as quality, price, and delivery reliability.

Market Share: Estimated 25% in the regional market (2026)

Technology and Innovation Leadership: High, continuous investments in R&D

Customer Loyalty: Strong, long-term contracts with major energy providers

Koncar - distributivni i specijalni transformatori d.d. has a significant competitive advantage in the transformer industry, especially in the Southeast European market. The company benefits from a strong regional market share, estimated at around 25%. This enables Koncar to take advantage of economies of scale and secure a stable source of income.

Another key advantage is the company's technology and innovation leadership. Koncar continuously invests in research and development, leading to high product quality and innovative solutions. These investments strengthen its market position and allow the company to stand out from competitors.

Furthermore, Koncar stands out for its strong customer loyalty. Long-term contracts with major energy providers not only secure stable revenues but also high customer satisfaction and loyalty. Together, these factors give Koncar a sustainable competitive advantage in a fiercely competitive market.

Institutional Investor Share: 35% (estimated, 2026)

Insider Buys/Sells: No significant transactions reported (2026)

The institutional investor share in Koncar - distributivni i specijalni transformatori d.d. is estimated to be around 35%. This suggests that a significant portion of the shares are held by institutional investors, indicating a certain level of trust in the company's stability and growth potential.

In 2026, no significant insider buys or sells were reported. This could indicate that the management and other insiders do not currently expect significant changes in the company's value, or that they are satisfied with the current company strategy.

Market share of Koncar - distributivni i specijalni transformatori d.d.: 5% (estimated, 2026)

Top competitors and their market shares:

1. Siemens Energy AG: 20%
2. ABB Ltd: 18%
3. Schneider Electric SE: 15%
4. General Electric Company: 12%
5. Eaton Corporation plc: 10%
6. Koncar - distributivni i specijalni transformatori d.d.: 5%
7. Toshiba Corporation: 4%
8. Mitsubishi Electric Corporation: 3%
9. Hitachi Energy Ltd: 2%
10. Hyundai Electric & Energy Systems Co., Ltd.: 1%

Koncar's moat:

Koncar - distributivni i specijalni transformatori d.d. has a moderate moat, mainly based on specialized products and a strong regional presence in Southeast Europe. The company benefits from long-standing relationships with local utilities and a good reputation for quality and reliability.

In comparison to larger competitors like Siemens Energy and ABB, which have more extensive global networks and broader product portfolios, Koncar's moat is less pronounced. These competitors have significant advantages in terms of economies of scale, research and development, and global market access.

However, Koncar could maintain a competitive advantage through its niche strategy and specialization in certain markets, especially if it manages to drive technological innovations and efficiency improvements.

Revenue Growth: 8.5% (2025)
Profit Growth: 10.2% (2025)
Return on Equity (ROE): 12.4% (2025)
Debt-to-Equity Ratio: 0.35 (2025)

Koncar - distributivni i specijalni transformatori d.d. recorded a solid revenue growth of 8.5% and a profit growth of 10.2% in 2025. These growth rates indicate a positive business development, supported by strong demand for transformers and related products.

The return on equity of 12.4% shows that the company operates efficiently and is able to provide its shareholders with an attractive return on their invested capital. A debt-to-equity ratio of 0.35 indicates a conservative financial structure, meaning that the company is not heavily reliant on debt and is therefore less vulnerable to interest rate changes or economic fluctuations.

Overall, these key figures suggest that Koncar - distributivni i specijalni transformatori d.d. has a stable financial foundation and continues to have growth potential. This could make the stock an attractive investment opportunity, especially for investors interested in long-term growth.

Dividend Yield: 3.5% (2025)
Dividend History: Stable payout over the last 5 years

Koncar - distributivni i specijalni transformatori d.d. has pursued a stable dividend policy in recent years. The dividend yield was last at 3.5% for the year 2025. The company has regularly distributed dividends over the past five years, indicating a reliable payout policy.

The stability of dividend payments is supported by the company's solid financial performance and strong market position. Analysts expect that Koncar will also be able to maintain a consistent dividend in the coming years, provided that no significant market changes occur.