ISKRA becomes the majority owner of Elmap d.o.o.

Monday, 26 February 2024

We are proud to announce that Iskra has become the majority owner of Elmap, a company located in Split - Croatia, which is one of the leading companies in the region specialized in the automation of wastewater and drinking water treatment, as well as, water supply systems, electroenergetics, and infrastructure systems across various industries.

This is third significant investment for the Iskra Group in Croatia, following the acquisition of Šibenik Shipyard (now Iskra Shipyard) in 2019, and the acquisition of cable manufacturer ELKA in Zagreb in 2021. As expected, both companies are operating positively and achieving excellent results.

Iskra director and majority owner Dušan Šešok mentions that “Iskra continues to invest in research and development of new products to implement new technologies and innovative solutions. The acquisition of Elmap by the Iskra Group aligns with Iskra's strategy to further strengthen its position in the wastewater and drinking water purification technology segment, where Iskra already has a significant presence in regional markets.“

Beside key sector operations, including automation of devices for wastewater and drinking water treatment, and water supply and drainage, Elmap will within the Iskra Group continue to develop as a leader in equipping and modernizing signaling, lighting, monitoring, and control systems in airports and other infrastructure facilities.