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El-Co SA (Romania)

Main Activities: Electrical Equipment Manufacturing
Full name: El-Co SA Profile Updated: August 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

El-Co SA is a company located in Targu Secuiesc, Romania. It was founded in 1975 under the name "Fabrica de Izolatori electrici de joasa tensiune" and began production in 1978. In 1990, it became a joint-stock company and changed its name to S.C. EL-CO S.A. After privatization in 1999, significant changes were made to the company's market strategy, financial structure, and management. With 40 years of experience in producing technical ceramics, the company has production capabilities for atomized ceramic powders, ceramic material pressing, and high-performance ovens. EL-CO SA also has its own tooling department, cold plastic deformation sector, and self-tooling. This production structure allows for exceptional flexibility and has enabled the development of a proprietary range of heating systems with ceramic elements, making it the largest producer of electric ceramic radiators in Eastern Europe. New products are designed in the technical department using CAD platforms. Product testing is conducted in the company's own laboratories, as well as in laboratories in France, Hungary, and Germany. Development, testing, production, and distribution are coordinated from a single central unit covering an area of 35,000 m2. The specialized staff and efficient communication among the 300 employees guarantee the high quality of their products. In 1999, EL-CO SA obtained ISO 9001 certification as a result of efforts to improve product quality. Additionally, most of the company's products have VDE, UL, and CSA certifications. Following privatization in 1999, EL-CO SA became a member of the DELTA group from Canada. EL-CO products are sold in Canada, the USA, Europe, and Asia, becoming the main supplier of technical ceramics for the most important heating equipment manufacturers.

Headquarters
Strada Fabricii Nr. 9
TARGU SECUIESC; Covasna; Postal Code: 525400

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Website: http://www.el-co.ro/despre-noi

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 29, 1991
Key Executives
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Director
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Director
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Administrator
Ownership Details
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58.987%
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20.947%
Company Performance
Financial values in the chart are available after El-Co SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net sales revenue
-30.32%
Total operating revenue
-30.09%
Operating profit (EBIT)
-62.35%
EBITDA
-42.02%
Net Profit (Loss) for the Period
-44.25%
Total assets
8.17%
Total equity
13.67%
Operating Profit Margin (ROS)
-6.02%
Net Profit Margin
-1.91%
Return on Equity (ROE)
-3.22%
Quick Ratio
1.01%
Cash Ratio
0.48%

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