Enterprise Europe Network

North-Eastern Romanian company provider of services in electrical installation seeks interested partners for an infusion of capital based on a financial, acquisition or joint venture agreement

Country of origin:
Country: 
ROMANIA
Opportunity:
External Id: 
BORO20200407001
Published
08/04/2020
Last update
21/04/2020
Expiration date
22/04/2021

Keywords

Partner keyword: 
Electronic engineering
Other electronics related (including keyboards)
Other electronics related equipment
Other manufacturing (not elsewhere classified)
Installation of industrial machinery and equipment
Electrical installation
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Summary

Summary: 
Romanian company, located in the North-Eastern part of Romania, providing consultancy services, design, assembly and equipment for electrical installations, with an experienced team of professionals both in commercial and industrial activities, is looking for partners ready to make an infusion of capital based on a financial, acquisition or joint venture agreement.

Description

Description: 

Established in 1997, the Romanian SME is one of the most important players on the local market, with expertise in the field of electrical installation services on medium and low voltage electricity networks, transformer stations and cables and overhead electrical connections. Due to its professionalism and ability to communicate both in English and German, several cooperation projects were conducted abroad, in partnership with companies from Belgium, France and Germany.

Starting with 2007, a new direction of development was implemented by the management board, consisting in integration of modern technologies for electrical equipment on medium and low voltage networks.

The development strategy of the company included the following directions:
• Electrical installations of low voltage in residential, commercial and industrial fields: the company finalized several projects, mainly on wooden houses (passive houses) in France (Paris, Nice, Lille, Meribel, Belle–Ile, Toulouse), with teams of 4-15 people. They’ve insured direct cabling in the walls of the houses, production of electrical panels and the final set up with the support of 1-2 electricians on the spot. For example, the entire installation for a 150 sqm house is finalized in maximum 2 days. In industrial areas, they`ve realized different projects (industrial buildings) in Romania (North-East part of Romania), but also in Belgium (Gembloux).
• Design and assembling of electrical panels of low and medium voltage: starting with March 2015, the company is designing and producing electrical panels of low voltage. Some of the projects realized were for harbor naval operations networks, electrical panels for residential buildings, automation panels etc.
• Trading of products and electrical equipment: the company is distributor for several well-known brands and is focused on partnerships with producers of architectural and industrial personalized LED lighting solutions.

Through creativity, flexibility and very prompt responses on partner’s requests, they are offering products and services of European quality, in very good commercial conditions.

The company is looking for partners ready to invest in company’s facilities, based on a merger, acquisition or joint venture partnership, in order to increase the volume of sales and services and enter new markets.

Advantages & innovations

Cooperation plus value: 
The company has all the needed certifications (Ex: SR EN ISO 14001:2005, 9001:2008). The company has a niche approach in the electrical services industry and its technicians have all the necessary authorizations and certificates, complying with all health and safety regulations.

Stage of development

Cooperation stage dev stage: 
Already on the market

Partner sought

Cooperation area: 
The envisaged partner should be an international company ready to conclude an acquisition agreement with the Romanian company. For the new projects which are exceeding their capacity, the company is interested in finding a partner with the know-how to create a joint venture under a joint venture agreement. Any type of partnership considered will contribute to the development of the business in terms of turnover increasing and support to entering new markets.

Type and size

Cooperation task: 
SME 11-50,SME <10,SME 51-250,>500