Electro-Alfa International, a leading Romanian manufacturer of electrical equipment and provider of EPC and IT services, listed on the Bucharest Stock Exchange, has completed the takeover of SPIACT Craiova and Electro Alfa CM (Metallic Constructions). The two acquisitions, worth over 9 million euros, are strategic for the long-term development of the company and were assumed through the stock exchange listing prospectus. Electro-Alfa International holds 51% of SPIACT Craiova shares and 33% of Electro Alfa CM’s share capital.
“Just three months after the completion of the initial public offering and the company’s listing on the stock exchange, we are pleased to welcome the SPIACT Craiova and Electro Alfa CM teams to the ecosystem we are creating around Electro-Alfa International. SPIACT Craiova is an important link in our development strategy in the railway sector. Electro Alfa CM offers us the opportunity to optimize the production process of electrical equipment and delivery time, especially in the case of complex projects in the energy sector. The two companies naturally complement the Electro-Alfa International universe and contribute to the expansion of technical skills, execution capacity and geographical footprint”, says Ștefan Petrea, CEO of Electro-Alfa International.
SPIACT Craiova is a company specialized in the production of equipment and systems for railway infrastructure, with expertise in centralization and remote control equipment for railways. The products, services and works carried out by the company are mainly addressed to the railway sector, contributing to the safety and efficiency of rail transport. With a history of over 60 years, SPIACT Craiova is a reference name in the railway industry in Romania, developing and providing essential solutions for the operation and modernization of the railway infrastructure.
Electro Alfa CM (Metal Constructions) specializes in the production of industrial metal equipment, boxes and cabinets for electrical equipment, made in its own factory in Botoșani for both the local market and international partners. The company has a tradition of over 30 years, its activity starting in 1995. Currently, Electro Alfa CM operates a production unit with an area of approximately 10,000 sq m and has a team of about 230 employees. Thanks to modern production capacities and high quality standards, over 75% of production is destined for foreign markets, the company being a reliable partner for customers from many European countries.
Electro-Alfa International shares are traded on the Regulated Market of the Bucharest Stock Exchange, under the trading symbol EAI, since March 3, 2026. The company successfully completed an IPO in February 2026, attracting net proceeds of 544.3 million lei.