Agreement on the purchase and sale of shares in a limited liability company HELB

Today we signed a Share Purchase Agreement on the purchase of a 75% ownership share in a limited liability company HELB Ltd. with its registered office in Božjakovina, Industrijska ulica 1, Republic of Croatia. 

Signing of the Share purchase agreement between KONČAR and HELB

The Sale and purchase agreement defines, inter alia, a series of terms and legal actions which the contracting parties shall perform for the purpose of the completion of the transaction and acquisition of the ownership share by KONČAR Inc. This includes, among other things, obtaining appropriate concentration approvals in accordance with the applicable legislation. 

HELB Ltd. is an engineering company specializing in the design, production, construction, management and maintenance of electric power plants. 

With the aforementioned acquisition, we want to expand and improve our own resources and competencies, increase system flexibility, and expand our portfolio of products and services in the field of power engineering. 

Stay in the loop and subscribe to KONČAR News

Wondering what’s in our pipeline, curious to learn more about our key export markets, our corporate sustainability and why we believe that people are at the core of our success?

Subscribe to KONČAR News and stay in the loop. Catch up with our latest achievements and successes monthly.

Subscribe
KONČAR Newsletter

Related news

You might also be interested in this news.

Building a new Laboratory for Power Systems and Drives
RDI
Building a new Laboratory for Power Systems and Drives

This strategic step represents one of the most significant development projects in recent years.

Battery-electric train debuts on Croatian rails
Business
Battery-electric train debuts on Croatian rails

As part of Croatia’s broader push toward green technology in public transport, the country’s first battery electric multiple unit (BEMU) was launched today into regular service.

Next phase of rail infrastructure modernization officially underway
Business
Next phase of rail infrastructure modernization officially underway

April 2025 marked our signing of a new EUR 912,128.31 contract with HŽ Infrastruktura for the refurbishment of the PS2 25 kV sectioning facility in Staro Petrovo Selo.