Our journey
began in 1945

Driven by visionary ideas and bold spirit of innovation.
For eight decades, Iskraemeco has been shaping the future of energy, redefining how the world measures, manages, and values its resources. From our modest beginnings to our role today as a global leader in smart metering solutions, our story is one of continuous progress, excellence, and unwavering dedication to sustainability.

Thank you for walking this journey with us — your support is a vital part of our legacy.

80
We are committed to leading the charge in energy transformation, inspiring a smarter, greener future for all. Eight decades of innovation have brought us here, and with your continued support, the possibilities for the next 80 years are boundless.
Thomas Petuaud-Letang
CEO of Iskraemeco Group

Legacy: First 80 years

1945

The beginning

Iskraemeco was founded in Kranj, Slovenia, marking the beginning of its journey in the electrical industry. Originally named Strojne Tovarne, the company was renamed Iskra in 1946. It began with the production of electrical meters, laying the foundation for future innovations. 

1945: Foundation of the company Strojne tovarne Kranj.
1946: Strojne tovarne was renamed to Iskra, Factory for electrical engineering and precision mechanics Kranj.

1946: Development of the E1 single-phase induction meter.

1950s

Expansion and innovation

Iskra expanded its product range to include telephones, TVs, hair dryers, and movie projectors. This decade was marked by rapid growth and diversification in the consumer electronics market. Meanwhile, a division of Iskra, now known as Iskraemeco, continued to innovate in the electricity metering market. 

By 1954, Iskra had launched the first conveyor belt in former Yugoslavia, marking a significant milestone in production capabilities. The company’s success continued with the dispatch of one million meters by 1958, demonstrating both its manufacturing expertise and the growing demand for its high-quality products.

1954: Iskra has launched the first conveyor belt in former Yugoslavia.
1956: Development of the first T1 three-phase meter.

1960s

Technological advancements

The company focused on technological advancements, improving the accuracy and reliability of its electrical meters. Iskraemeco’s commitment to quality and innovation began to establish its reputation in the industry. 

1961: Iskra – factory for electrical engineering and precision mechanics Kranj is renamed to Iskra – Industry for electromechanics, telecommunications, electronics, and automation.
1962: Development of the switching clock HS-TKM.
1962: Development of the dual-tariff meter.

 

1965: Iskra – Industry for electromechanics, telecommunications, electronics, and automation is renamed to Iskra – United company Iskra Kranj.
1965: Development of the T2 three-phase induction meter.

1970s

Global reach

Iskraemeco started exporting its products internationally, reaching new markets and gaining global recognition. The company’s meters were now being used in various countries, showcasing its growing influence. The 1970s were marked by innovative breakthroughs as Iskraemeco’s experts developed the first electronic high precision meters and ripple control receivers.

1973: Development of the T3 three-phase induction meter.
1975/1976: Iskra – Industry for electromechanics, telecommunications, electronics, and automation is renamed to Iskra – Electromechanics Kranj.
1975: Development of the TE2 industrial three-phase electricity meters, the first representatives of the three-phase electronic electricity meters.

1977: Development of the meters T31–M42 based on the third generation of three-phase induction meter with added electronic tariff device.
1978: Development of the T3 three-phase meter with a mechanical maximum power indicator.

1980s

Leadership in metering solutions 

Iskraemeco became a leading provider of metering solutions in Europe, particularly in Germany and the Netherlands. The company continued to innovate, introducing new technologies and improving its product offerings. 

1981: Development of the mechanical switch clock.
1982: Iskra restructured into three companies, with TOZD Števci continuing the production of electricity meters under DO Iskra Kibernetika.
1987: Development of the first TE22 electronic dual-tariff transformer electricity meter with mechanical counters.
1988: Development and implementation of the first industrial automatic meter reading system (AMR).

1990s

Digital transformation 

Embracing the digital revolution, Iskraemeco began developing smart meters efficient for energy management. This decade marked a significant shift towards more intelligent and connected products. In 1994, Iskra was renamed Iskraemeco. 

1990: At the end of the 1980s and the beginning of the 1990s, we developed the first generation of electronic meters for residential and industry use.
1991: Development of the T3FT – 73 – M22 LZ96 three-phase induction meter with a tariff device and maximum measurement.
1992: Development of the MT30, first monolithic three-phase meters.

1994: Completed ownership transformation into the private joint-stock company Iskraemeco, d.d. Iskra is renamed Iskraemeco.
1997: The beginning of DLMS membership.
1999: Establishment of a manufacturing company in Sarajevo (BiH).
1999: Beginning of production of the new generation of electronic meters for industry MT850.

2000s

Pioneering the smart meter era

The dawn of the 21st century saw Iskraemeco embark on a new era of digital transformation with its transition to electronic metering. In 2007, Iskraemeco became part of Elsewedy Electric, a move that opened up new opportunities for growth and expanded its reach in the global energy market. This strategic partnership has fueled Iskraemeco’s vision of a smarter, more energy-efficient future, aligning with Elsewedy Electric’s values and reinforcing the company’s mission to drive sustainability and innovation across the energy sector.

2003: Development of the first smart meter for households – MT35x three-phase electronic meter with its own measurement chip and PLC communication.
2004: Implementation of the world’s first large-scale AMR system using PLC technology (automated meter reading) in collaboration with Vattenfall, the biggest Swedish electro distribution.
2004: The world’s largest GSM/GPRS (MT372) project in collaboration with TeliaSonera Finland.
2005: Development of the MT372, the first electricity meter with data transmission over the mobile 2G network.
2006: Development of the ME172 and MT172, representatives of the new generation of household electricity meters, with measurement of active and reactive energy.
2007: Acquisition of Iskraemeco by Elsewedy Electric.
2008: Establishment of the new Iskraemeco office in Egypt.

2008: Breakthrough with SEP2W, a system for the automatic reading and management of metering infrastructure for up to 1 million meters.
2009: Founding member of the IDIS Association.
2009: Establishment and beginning of the membership in ESMIG association.
2009: Development of the MT860 high-precision transformer meter with measurement of active and reactive energy in both directions.
2009: Development of the MT174, a representative of the new generation of household electricity meters, with measurement of active and reactive energy and an RS485 communication interface.
2009: Development of the P2CC external data communicator, which enables data transmission over the mobile network.

2010s

Advancing sustainability and interoperability

The focus shifted towards sustainability and green technologies. Iskraemeco invested in energy-efficient solutions and smart infrastructure, aligning with global trends towards environmental responsibility. 

2011: The beginning of G3-PLC membership.
2015: Development of the AM550 smart meter for households and small commercial environments. Iskraemeco joined the Fair Meter project with two Dutch utilities to address sustainability challenges through supply chain transparency, sustainable materials, and ethical production.
2016: Development of the MT880 meter series for industrial and commercial use.

2017: Development of the AC750 communication platform.
2018: Establishment of the new Iskraemeco offices in India and United Arab Emirates.
2018: New company logo and corporative visual identity.
2019: The beginning of Iskraemeco’s transformation from a product provider to a smart solutions provider.
2019: Establishment of the new Iskraemeco office in Argentina.

2020s

Innovation and new ventures

Iskraemeco continued to innovate, developing new products and solutions such as smart energy and water management systems. The company entered the water business, offering digital solutions to improve efficiency and sustainability in water usage. This decade marked a significant expansion into new markets and the introduction of cutting-edge technologies. 

2020: Renovation of the administrative building to enhance energy efficiency.
2020: Renovation and modernization of production, and consolidation of four locations into one (Kranj).
2020: Expansion into the water sector with smart water solutions.
2020: Development of the new metering platform IE.X.
2021: Development of the Symbiot software suite (transition from SEP2W).
2021: Establishment of the Technology Design Center (TDC).
2022: Acquisition of Holosys, a provider of IoT and ICT solutions for electricity, water, and gas.
2022: Strengthening in the field of eMobility solutions with the acquisition of GL Charge, a provider of electric vehicle charging solutions.

2022: Start of the digitalization development project Digital Twin for Digital Lean.
2023: Development of new solutions eIoT EDGE compute module, digital grid, Elumia, Symbiot Twinner.
2023: Strategic focus on four business areas: energy solutions, water supply solutions, digital platforms, and e-Mobility.
2024: New partnership between Iskraemeco, CLSM and Inventronics to support the growth of smart and cost-effective public lighting solutions – the Elumia solution.
2024: Secured the first certified Environmental Product Declaration (MT880).
2024: Family-friendly enterprise certification.
2025: Golden EcoVadis award for outstanding sustainability performance.

1945
1950s
1960s
1970s
1980s
1990s
2000s
2010s
2020s
From spark to flame

The name Iskra was proposed by Mirjan Gruden in 1946, symbolizing the beginning of a process and the potential for growth. Gruden envisioned the company’s future with the words: “The factory will evolve and grow; from a spark (iskra in Slovene) comes a flame, and may our Iskra ignite as well.” He further explained that “electrical engineers are constantly in contact with sparks; a spark is a symbol of a beginning.” Gruden also presented the logo draft.

In the early 1990s, the company—then known as Iskra Števci—underwent a rebranding. The name Iskraemeco was introduced by Stanislav Tadina, then director of the electronic meter division. It stands for Energy Measurement Company, marking a major milestone in the company’s evolution and highlighting its dedication to innovation and precision in energy measurement.

The corporate image of the newly-named company was designed by Miljenko Licul, an acclaimed Slovenian designer, in 1995. The logo consisted of a point, from which the company linearly grew and transformed into a three-dimensional plus sign. Another interpretation of the plus, minus and point featured in the logo was that Iskraemeco’s products provide decimal point accuracy, in plus and minus tolerances.

In celebration of its 75th anniversary in 2020, the company introduced refreshed visual identity. As Iskraemeco stepped into a new era, it reaffirmed its commitment to co-creating a more sustainable future through innovation, promoting the circular economy, and delivering intelligent solutions to the challenges faced by utilities and energy systems. This vision is embodied in the redesigned corporate image.

The meaning of the abbreviation IE is two-fold: firstly, IE is an abbreviated form of the name Iskraemeco, and secondly, it is a promise of bringing intelligence and innovation to the utilities and energy industry. The circular design of the central element of the logo implies cyclic movement, circularity, recycling and sustainable development. Red is the color of energy and determination, and the company’s name written in formal black portrays the serious nature and strength of the corporation.

Show more
Show less
80
Iskraemeco has evolved from a local innovator in Slovenia to a global leader serving customers across five continents. For eight decades, we have been at the forefront of redefining energy consumption and management. Our commitment to sustainability has helped partners lower carbon footprints and move toward a greener future. With the strength of Elsewedy Electric, we’re pushing the boundaries of AI and digitalization to boost grid intelligence and efficiency. As we expand into new markets and pioneer next-generation energy and water solutions, we remain focused on shaping a smarter, more sustainable world—together.
Eng. Ahmed El Sewedy
CEO of Elsewedy Electric

Leading the way forward.

People
building success

For 80 years, Iskraemeco has been a company powered by people—dedicated individuals who co-create innovation through collaboration, diversity, and a shared vision for the future. Our strength comes from the knowledge, talents, and experience of our global team, empowered to drive change. As a certified Family Friendly Enterprise, we actively promote work-life balance and create an environment where employees can thrive both personally and professionally.

Innovations
that transform

We’re shaping the future of smart energy and water management through continuous innovation. Our solutions provide utilities and distributors with greater flexibility, efficiency, and smarter decision-making in a digital, decentralized world. From our eIoT modular platform and next-gen IE.X smart meters to advanced flexibility management with DDLM and NMS, our innovations redefine possibilities, earning top industry awards like the Golden Innovation Award and first place at Inovacija Energetike 2024. With 80 years of experience, we remain a trusted partner in driving sustainability, resilience, and active customer participation.

Sustainability
embedded in every step

Sustainability is at the core of how we design, produce, and grow. Earning the EcoVadis Gold Medal recognizes our efforts to reduce our carbon footprint, optimize resources, and integrate ESG principles throughout our value chain. From solar-powered operations to using recycled materials in our products, every initiative reflects our commitment to measurable impact. Transparent reporting, responsible sourcing, and ethical governance guide our journey toward long-term value for people, planet, and progress.

Values
that drive us

Our company is built on a foundation of integrity, guiding us to act with honesty and transparency in all that we do. We are driven by innovation, always exploring new ideas and pushing limits to develop impactful solutions. A relentless pursuit of excellence motivates us to maintain the highest standards across every aspect of our work. We cultivate collaboration, recognizing that teamwork leads to greater success. Above all, our commitment to customer satisfaction means we prioritize our clients and aim to exceed their expectations at every opportunity.

Solutions
engineered for excellence

Smart metering is already transforming the water and energy industries. Our advanced digital platforms equip utilities, electric, and water distributors with real-time insights, enabling smarter resource management and encourage sustainable practices. By integrating AI and IoT, we’ve created a seamless, interconnected system that supports renewable energy and efficient water use. We understand the challenges our customers face—whether it’s accurate billing, leak detection, or energy theft prevention—and our solutions are built to address these needs effectively.

Quality
is our commitment

At Iskraemeco, quality is the foundation of everything we do. Through advanced technologies, lean manufacturing, and a global presence, we ensure every product meets the highest standards of precision, reliability, and sustainability. Our focus on continuous improvement, smart automation, and rigorous testing drives us to exceed expectations and deliver lasting value in over 80 countries. With localized production and a unified quality system, we remain agile, responsive, and close to our customers. For us, quality is more than a promise—it’s a mindset.

Values
that drive us

Our company is built on a foundation of integrity, guiding us to act with honesty and transparency in all that we do. We are driven by innovation, always exploring new ideas and pushing limits to develop impactful solutions. A relentless pursuit of excellence motivates us to maintain the highest standards across every aspect of our work. We cultivate collaboration, recognizing that teamwork leads to greater success. Above all, our commitment to customer satisfaction means we prioritize our clients and aim to exceed their expectations at every opportunity.

People
building success

For 80 years, Iskraemeco has been a company powered by people—dedicated individuals who co-create innovation through collaboration, diversity, and a shared vision for the future. Our strength comes from the knowledge, talents, and experience of our global team, empowered to drive change. As a certified Family Friendly Enterprise, we actively promote work-life balance and create an environment where employees can thrive both personally and professionally.

Solutions
engineered for excellence

Smart metering is already transforming the water and energy industries. Our advanced digital platforms equip utilities, electric, and water distributors with real-time insights, enabling smarter resource management and encourage sustainable practices. By integrating AI and IoT, we’ve created a seamless, interconnected system that supports renewable energy and efficient water use. We understand the challenges our customers face—whether it’s accurate billing, leak detection, or energy theft prevention—and our solutions are built to address these needs effectively.

Innovations
that transform

We’re shaping the future of smart energy and water management through continuous innovation. Our solutions provide utilities and distributors with greater flexibility, efficiency, and smarter decision-making in a digital, decentralized world. From our eIoT modular platform and next-gen IE.X smart meters to advanced flexibility management with DDLM and NMS, our innovations redefine possibilities, earning top industry awards like the Golden Innovation Award and first place at Inovacija Energetike 2024. With 80 years of experience, we remain a trusted partner in driving sustainability, resilience, and active customer participation.

Quality
is our commitment

At Iskraemeco, quality is the foundation of everything we do. Through advanced technologies, lean manufacturing, and a global presence, we ensure every product meets the highest standards of precision, reliability, and sustainability. Our focus on continuous improvement, smart automation, and rigorous testing drives us to exceed expectations and deliver lasting value in over 80 countries. With localized production and a unified quality system, we remain agile, responsive, and close to our customers. For us, quality is more than a promise—it’s a mindset.

Sustainability
embedded in every step

Sustainability is at the core of how we design, produce, and grow. Earning the EcoVadis Gold Medal recognizes our efforts to reduce our carbon footprint, optimize resources, and integrate ESG principles throughout our value chain. From solar-powered operations to using recycled materials in our products, every initiative reflects our commitment to measurable impact. Transparent reporting, responsible sourcing, and ethical governance guide our journey toward long-term value for people, planet, and progress.

Loading...