Koncar stock: EU selects EUR 39.30 million project for Koncar stock

Published on 10/23/2026 at 05:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Koncar's NEXUS platform is rated at 2.50 megawatts for grid conversion. Koncar stock has third-quarter 2026 results due October 28, 2026.

Innovation and reporting milestones

European authorities selected Koncar-NEXUS on October 20, 2026, for support of up to EUR 39.30 million.
The planned platform has a 2.50 megawatt capacity for converting medium voltage to direct current.
Koncar has a third-quarter 2026 earnings release scheduled for October 28, 2026.

Koncar, HRKOEIRA0009, Illustration mit AI erstellt.

Koncar (HRKOEIRA0009) won selection for European Innovation Fund support of up to EUR 39.30 million on October 20, 2026. The project, called KONCAR-NEXUS, is designed to industrialize a 2.50 megawatt power-conversion platform, according to tportal. The award is the latest company-specific catalyst for the Zagreb-listed electrical equipment group.

NEXUS targets industrial power conversion

The project will create a modular platform that converts medium-voltage electricity into direct current for industrial users, including green-hydrogen electrolyzers, solar installations and battery storage. Lider Media reported on October 20, 2026, that Koncar plans a new production line in Zagreb and upgrades to engineering and testing capacity. The design combines switching equipment, transformers, rectifiers and filters in one solid-state unit.

Three dated developments shape the story

On October 8, 2026, Koncar signed an Italian transformer framework agreement worth more than EUR 28.50 million, as tportal reported. On October 20, 2026, the company received the Innovation Fund selection for the EUR 39.30 million NEXUS support. On October 21, 2026, Koncar shares generated nearly EUR 1.80 million in Zagreb trading turnover, according to the reported market session.

What dates matter next?

MarketScreener lists October 28, 2026, for Koncar's third-quarter earnings release. Contracting results for the NEXUS grant are expected in the first quarter of 2027, according to Lider Media.

Funding sets an industrial milestone

The grant selection gives Koncar a defined route toward commercializing a power-electronics platform, but the final support amount and contractual obligations will be fixed during the grant agreement process. For investors, the key operating marker is the planned 2.50 megawatt capacity and the October 28 reporting date, which can provide a fresh update on execution and demand.