KONČAR Wins €11.5 Million Transformer Contract for Croatia's Electricity Network

On 27 October 2026, Croatian transmission operator HOPS signed an €11.5 million contract excluding VAT with KONČAR for the supply and installation of a phase-shifting transformer at the Gračac substation. The project is part of the international GreenSwitch initiative and is co-financed through the EU Connecting Europe Facility, with a 50% co-financing rate for eligible costs. The contract creates opportunities for electrical equipment manufacturers, engineering suppliers and specialist contractors, while HPC can support industrial supplier research, procurement intelligence and partnership development; contact HPC for a quotation.

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