Končar Group has signed another agreement with the nuclear power plant Krško for the delivery of replacement electric motors used in critical cooling and water pumping systems. The contract is part of the plant’s ongoing modernization and maintenance program, aimed at ensuring long-term operational reliability and safety.
The deal follows a previous agreement signed last year covering replacement motors for feedwater pump systems, further extending cooperation between Končar and the Krško facility.
Under the new contract, Končar will manufacture reserve motors for cooling tower pumps with a capacity of 2,000 kW, replacing equipment originally produced by Končar itself. The agreement also includes new motors for circulating water pumps rated at 1,471 kW, which will replace units initially supplied by Westinghouse Electric Company.
The cooperation further strengthens Končar’s long-standing presence in the Slovenian energy sector. Over previous decades, the company has contributed to multiple hydropower projects in Slovenia, including HPP Boštanj, HPP Blanca, HPP Brežice, as well as modernization works at HPP Zlatoličje, HPP Doblar and HPP Plave. Earlier this year, Končar also signed a contract to upgrade the control system at HPP Boštanj.
Končar Group currently exports products and services to around 140 countries worldwide, generating approximately €1.3 billion in revenue last year, with net profit exceeding €220 million. International markets account for about 68% of total sales, reflecting its strong export orientation.
The company also reported strong momentum in 2026, securing around €585 million in new orders in the first quarter alone. Export activities now represent more than 72% of total revenues, underscoring continued growth in foreign markets and large-scale energy infrastructure projects.
