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Končar Group Secures Contract for Krško Nuclear Power Plant Upgrades

Končar Group has finalized a new agreement with the Krško nuclear power plant in Slovenia to supply replacement electric motors essential for cooling and water pumping systems. This contract aligns with the facility’s ongoing modernization and maintenance efforts, focusing on enhancing operational reliability and safety over the long term.

This latest deal builds upon a previous contract from last year, which involved the provision of replacement motors for feedwater pump systems, signifying an ongoing partnership between Končar and the Krško facility.

As part of the new agreement, Končar will produce reserve motors for cooling tower pumps rated at 2,000 kW, replacing units originally manufactured by Končar itself. Additionally, the contract encompasses new motors for circulating water pumps with a capacity of 1,471 kW, which will substitute equipment that was initially provided by Westinghouse Electric Company.

This collaboration reinforces Končar’s established presence in Slovenia’s energy sector. Historically, the company has played a significant role in various hydropower projects across Slovenia, including HPP Boštanj, HPP Blanca, and HPP Brežice, along with modernization initiatives at HPP Zlatoličje, HPP Doblar, and HPP Plave. Earlier this year, Končar also secured a contract to enhance the control system at HPP Boštanj.

Currently, Končar Group exports its products and services to approximately 140 countries globally, reporting around €1.3 billion in revenue for the previous year and a net profit exceeding €220 million. Notably, international markets constitute about 68% of total sales, highlighting the company’s strong export focus.

The firm has demonstrated robust growth momentum into 2026 as well, achieving around €585 million in new orders during just the first quarter. The rising proportion of export activities—now more than 72% of total revenues—reflects ongoing expansion into foreign markets and substantial energy infrastructure projects.

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