Proactive Power Specialist Welcomes International Partners

Electromontaj, a true Romanian success story, specialises in power distribution and has been instrumental in bringing new power technologies to Romania and other markets. A private company since 1993, Electromontaj celebrated its 60th anniversary in 2009 and had one of its best years ever in 2010 in spite of the global crisis. President Mihai Otto Valeriu explains, “We anticipated the crisis and focused on activities where we would be less affected by it, including the Middle East and Cyprus. This was a very proactive approach at a time when some companies struggled to survive.”

Electromontaj handles every aspect of power distribution, including overhead transmission lines and cables, transformers, medium-voltage and low-voltage transmission lines and cables, power for public transport, electrification of railways, lighting for streets and stadiums, mountain transport, micro-hydropower stations, wind stations, and transformer substations. Electromontaj also specialises in electrical installations for buildings and in the renovation of electrical systems.

Consistently proactive, Electromontaj is entering new fields, including mountain transport and wind power, and always reinvests half its profits into the company to fuel continued growth. Mihai Otto Valeriu says, “After Electromontaj was privatised we built a new factory to produce steel towers for overhead lines, then another factory for clamps, fittings and accessories, and then a third factory for insulators, cables and conductors. These three factories support our main activities.” Electromontaj’s 1,100 employees in Bucharest are also shareholders in the company, and their skills and motivation are key factors behind the company’s success.

Ideal partner for foreign investors

Electromontaj has positioned itself as the ideal partner for foreign investors in Romania. Mihai Otto Valeriu explains, “We excel at turnkey contracts and one stop shop service, from design through development. Electromontaj is ranked as one of the strongest companies in Romania regarding turnkey jobs, and we are also well known for our transparency and reliability.”

Electromontaj is open to partnerships or joint ventures with companies which can bring added value and share Electromontaj’s vision and goals. Mihai Otto Valeriu says that he particularly welcomes partners for wind turbine projects. He adds, “Electromontaj is ready to expand beyond our niche for companies looking to invest in any sector in Romania. We can provide the local knowledge foreign investors need, and investors can be sure that in Electromontaj they will have a fair and reliable partner. We are also ready to join any company involved in our niche market anywhere in the world.”