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Middle Eastern Construction Contracts Valued Over One Billion Euros by Končar

Middle Eastern ventures overshadow 1 billion euros for Croatian firm Končar, with ambitions for further expansion.

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Middle Eastern Construction Contracts Valued Over One Billion Euros by Končar

Friday, April 11th, 2025 - Končar Steps Up Its Game in the Middle East Market

Got some hot news for ya! The badass Croatian company, Končar, is kicking things up a notch in the Middle East. They're the talk of the town at the Middle East Energy Fair in Dubai this week, showcasing their cutting-edge solutions for producing, transmitting, and distributing electricity[1].

"We're psyched to be back in Dubai, the heart of Middle Eastern energy innovation," they declared on LinkedIn. "We're gonna share our advanced tech and construction expertise, and help build a greener, more connected future."

This ain't their first rodeo—in 2025, Končar plans to ramp up their global marketing game, targeting trade fairs to establish themselves as the go-to partner for the green transition[1]. And guess where they're focusing their efforts? You got it—the Middle East!

Just last year, Končar delivered the first three earth transformers for STATCOM projects in Saudi Arabia[2]. In fact, they've got over twenty more grounding transformers lined up this year, with the heftiest short-term grounding current I've ever heard of[2].

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And guess what? They've already secured contracts worth a whopping €1.1 billion for this year, with the plan for 2025 almost completely covered and even the 2026 calendar filling up[3]. These kids are on fire!

To top it all off, Končar recently opened an office in Saudi Arabia, setting their sights on the Middle East[4]. This Dubai fair appearance is a big deal, marking a significant stride in their region-focused expansion.

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So keep your eyes peeled for this badass Croatian company—they're gonna take the Middle East market by storm!

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[1] Poslovni Dnevnik

[2] Poslovni Dnevnik

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[3] Poslovni Dnevnik

[4] Poslovni Dnevnik

  1. Končar, despite already setting foot in the Saudi Arabian market with earth transformers, intends to intensify their presence in the Middle East, revealing an ambitious plan for regional expansion.
  2. The Croatian company's advanced technology and construction expertise are expected to play significant roles in creating a greener and more interconnected future in the Middle East energy sector.
  3. LinkedIn serves as the platform where Končar boasts about their groundbreaking Dubai presence, emphasizing their commitment to innovation and their driving force in the global market.
  4. In 2025, Končar anticipates securing, and has already secured, a substantial portion of their project contracts in the Middle East, with an estimated €1.1 billion worth of contracts sealed for this year alone.
Middle Eastern ventures surpassing 1 billion euros for Croatian firm Končar, as they broaden their horizons.

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