For years, the company has been part of the 200 LARGEST AND SUCCESSFUL project, as a leader in substation solutions.

In 2024, TEP Rade Končar ranked 186th on the ranking of the most successful Macedonian companies.

The company achieved total revenue of 736,863,016 denars and profit before tax of 127,376,189 denars .

Rade Končar TEP is a leading company in the metalworking and electrical industry, both in North Macedonia and in other Balkan countries. It is part of the "Rade Končar" brand, which has existed for more than 70 years.

The company offers complete solutions in the field of electricity generation and distribution, as well as specialized solutions for individual customer requirements.

The company's professional staff continuously works to improve and refine the functionality, quality, and appearance of the products that the company markets, both on the domestic and global markets.

Innovation – the core of the production process

The success of TEP Rade Končar's production solutions is due to dedication, professionalism, and a team that constantly monitors market demands and global trends, combining the functionality and design of the solutions.

"We believe that continued investment in research and development is an essential part of supporting an innovative and growing economy, which helps maintain high-value jobs and attract new business opportunities and talented personnel."

"Since its establishment in 2006, TEP, as part of Rade Končar - Service, has been developing towards new product innovations, innovations in production processes, as well as in the approach to work and serving the market with quality production solutions," the company emphasizes on its website.

In recent years, the company has focused on developing several innovative solutions that have a positive effect on profitability, economic growth, as well as on the environment.

Rade Končar – TEP invests in the development of smart energy systems, which include automation and digitalization of production processes. These systems enable intelligent energy management and resource optimization, which significantly reduces energy consumption and operating costs.

The development of eco-designed products, which are more energy efficient and made from recycled and sustainable materials, is also a key part of the innovation strategy. These are solutions that enable customers to reduce their energy costs and meet environmental standards.

Products that are easy to recycle or reuse also contribute to the development of the circular economy.

The implementation of the Industry 4.0 concept, through digitalization and automation of processes, represents another significant step forward. This concept involves the inclusion of robotics, artificial intelligence and big data analytics in everyday operations. These technologies not only improve efficiency and productivity, but also enable more flexible and scalable production.

The production program of TEP Rade Koncar

The company offers complete solutions in the field of electricity generation and distribution, as well as specialized solutions for individual customer requirements.

The production program includes:

•         distribution oil transformers up to 1600 kVA
•         high-voltage plants for voltage levels up to 110 kV
•         compact concrete substations for voltage 20–10/0.4 kV for transformers up to 1250 kVA
•         metering, distribution, connection and cable distribution cabinets
•         low-voltage switchboards for distribution networks in Macedonia – EVN
•         low-voltage control and distribution boards for industrial needs
•         control panels for industrial processes
•         preparation of complete projects, installation, testing and commissioning of low-voltage, medium-voltage and high-voltage complex facilities.

Successfully implemented projects – proof of quality

The Rade Končar brand has existed for more than 75 years, headquartered in Skopje and with clients in more than 40 countries around the world, including ArcelorMittal, EVN, ESM and Elektroprivreda Srbije.

TEP Rade Končar has a large number of successfully implemented projects in its portfolio, which in themselves speak for the quality of its services.

These are customers who have no room for improvisation and where even a short-term power outage can have serious consequences.

Such examples include the Zhan Mitrev Clinic and Neuromedica, as well as the Pilot Training Center.

TEP Rade Končar was a trusted partner for the Adient car seat manufacturing plant, as well as for the Johnson Controls and ODW Elektrik factories, ProCredit Bank, as well as for a large number of other companies and factories in North Macedonia and abroad.

With such projects, innovations and stable growth, TEP Rade Končar continues to strengthen its position as one of the key drivers of industrial and energy development in Macedonia and the region and solidifies its place among the 200 LARGEST AND SUCCESSFUL companies in our country.