Best Energy Companies in Croatia
The 129 best Energy companies in Croatia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals.
Croatia's Energy sector has 129 companies tracked in this directory, ranked by disclosed equity funding and recent momentum. None carry disclosed funding figures yet, which tells you something real: this is a market still coalescing around private capital and EU institutional backing, with Europa and the European Union standing as the most active investor names in the data.
The global energy management market sat at $61.7B in 2020, and demand is being pulled forward by distributed energy resources, flexible loads, and the accelerating cost pressures that make efficiency non-negotiable. I'd point you toward the hot themes here, because they're specific: solar PV, EV battery technology, and EV energy management systems are all drawing coverage fast. Median install growth across energy apps is running at roughly +28% YoY across 138 tracked titles, which is a clean signal that end-user engagement is real. So why does Croatia's slice of this feel undercapitalized? Probably because the region's leading names, Koncar, INA - Industrija nafte, and LNG Hrvatska among them, are established industrial operators who haven't needed to disclose venture rounds. Green energy's pull on AI and data investment is changing that calculus, and the wind energy expansion drivers making headlines now suggest the next funding cycle here won't be quiet.
- International grid edge study reveals countries needs and readiness f
Our analysis of 441 Energy companies
$135.1b in tracked funding; 76% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy companies in Croatia
| # | Company | Disclosed funding | Revenue | Net margin | Employees | Founded | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Apios Provider of oil and gas transportation services | — | $326M FY2015 | +1% | 50 | 2009 | Josko Crvelin CEO | — |
| 2 | LNG Hrvatska Developer and operator of LNG receiving, storing & regasification terminal | — | $20M FY2020 | — | — | 2013 | Goran Francic CEO & MD | — |
| 3 | Biopel Provider of heating products such as pellets, wood, and briquettes | — | $15M FY2022 | +3% | — | 2020 | John Joe CEO | — |
| 4 | Elektro Merkur Provider of electrical distribution network solutions | — | $9M FY2022 | +7% | — | 2007 | Boris Kaurloto Co-Owner | — |
| 5 | Argus Manufacturer of electrical equipment | — | $9M FY2022 | +12% | — | 1990 | Mario Bacac Co-Owner | — |
| 6 | Continental Group Manufacturer and distributor of ventilation equipment for industrial, commercial, residential, and OEM… | — | $9M FY2020 | +4% | — | 2018 | Daniel Vukov Owner | — |
| 7 | Elcon Manufacturer of electrical materials | — | $8M FY2020 | +2% | — | 1990 | Ljubica Vugrek Co-Founder & Co-Owner | — |
| 8 | Energy Pellets Manufacturer of wood products including energy pellets | — | $5M FY2020 | -9% | — | 2007 | Raoul Cvecic Bole Managing Director | — |
| 9 | EnergyCom Provider of solar energy services for homes & business | — | $4M FY2022 | — | — | 2015 | Nenad Sarancic Founder & CEO | — |
| 10 | ENCRO Provider of renewable energy sources solutions | — | $3M FY2022 | — | — | 2016 | Iljko Curic Owner & Managing Director | — |
| 11 | Aktiv Global Provider of innovative technologies-based services including project-making, CCTV inspection, and cleaning | — | $3M FY2022 | +14% | — | 2006 | Nedeljko Jozic Owner | — |
| 12 | Elektro Team Provider of electricity supply services | — | $2M FY2022 | -5% | — | 2004 | Zeljko Brbora Founder & Owner | — |
| 13 | Basici Provider of wood pellets | — | $2M FY2022 | +15% | — | 1997 | Ivo Basic Co-Owner | — |
| 14 | ELIND Provider of electrical services for industrial plants and transformer stations | — | $2M FY2022 | +7% | — | 2005 | Alen Cretnik Owner | — |
| 15 | Elektro-celik Provider of electrical equipment and automation systems integration services | — | $1M FY2022 | -23% | — | 1990 | Tomislav Ivanek Founder & Owner | — |
| 16 | Domes Brand of sockets and switches | — | $1M FY2022 | +5% | — | 1994 | Krunoslav Rogic Managing Director | — |
| 17 | ENERKON Provides services for renewable energy, specializing in biomass, biogas, solar energy, fossil fuels, and… | — | $668K FY2022 | +19% | — | 1992 | Andrej Plevnik CEO | — |
| 18 | ElectroAdria Provider of electrical services for commercial, industrial, and residential clients | — | $577K FY2022 | +4% | — | 2015 | Hrvoje Hasnek Owner | — |
| 19 | Brodotehna Manufacturer of PLC, SCADA, excitation systems, and electrical services | — | $459K FY2022 | +1% | — | 2016 | Grga Kolic Co-Owner | — |
| 20 | EL PLIN Provider of vaillant devices repair and installation services | — | $336K FY2022 | +14% | — | 1990 | Ksenija Storek Owner | — |
| 21 | Elin Zagreb Provider of battery services | — | $305K FY2022 | +3% | — | 1992 | Darko Franjic Owner | — |
| 22 | Eleng Provider of electrical engineering services | — | $279K FY2022 | +42% | — | 2018 | Matej Barisic Co-Founder & CEO | — |
Top 5 Energy companies in Croatia
#1
Funding Raised · Zagreb, Zagreb County · founded 1921 · 4924 employees—raised▾
Končar is an electrical industry company that offers manufacturing and services. They provide household appliances, catering equipment, and automation machinery manufacturing. They have been in operation for over 100 years and are listed on the Zagreb Stock Exchange.
#2
Public · Zagreb, Zagreb County · founded 1964 · 9472 employees—raised▾
Integrated oil & gas company
#3
Funding Raised · Rijeka, Primorje Gorski Kotar County · founded 2020—raised▾
Developer of electricity transmission projects
#4
Funding Raised · Zagreb, Zagreb County · founded 2013—raised▾
Developer of solar energy projects
#5
Funding Raised · Zagreb, Zagreb County · founded 2013—raised▾
Developer and operator of LNG receiving, storing & regasification terminal
Funding & investor landscape
Market landscape — 10 sub-themes by coverage
Share of Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Grid Energy Storage is moving in Croatia
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 157 Croatia-affiliated papers.
- Institute of Physics98
- University of Zagreb28
- University of Osijek13
- University of Split6
- Ministry of Health3
- Anode1→11
- Electrolyte2→12
- Electrochemistry1→10
- Battery (electricity)3→12
- Cathode1→9
- Renewable energy3→15
- Battery (electricity)1→11
- Electricity1→8
- Thermal energy storage1→6
- Electrochemistry1→5
- Nanotechnology6
- Electrolyte5
- Battery (electricity)5
- Anode5
- Cathode5
Where energy storage is researched across Croatia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.