ELSEWEDY ELECTRIC logo — Empowering Generations

ELSEWEDY ELECTRIC

Empowering Generations

Founded 1938 Egypt Egypt 13142 employees Post Ipo Secondary Total: $849.10M Energy

General Information

Company Name ELSEWEDY ELECTRIC
Founded Year 1938
Location Egypt Egypt +1
Founders / Decision Makers
Team member
Employees 13142
Industries Energy
Funding Stage Post Ipo Secondary
Social

Get notified when ELSEWEDY ELECTRIC moves

Funding, new markets, leadership changes, hiring surges — one e-mail, only when something happens.

Free · no account needed

About ELSEWEDY ELECTRIC

ELSEWEDY ELECTRIC is a global leader in the energy industry, with a history dating back to 1938. The company has evolved from a local manufacturer of electrical products to an integrated infrastructure solutions provider, recorded over USD 5 billion in revenues in 2023, and employs more than 19,000 individuals. Operating across 19 different countries, with 31 production facilities spread across African and Asian countries, including Egypt, Algeria, KSA, Qatar, Indonesia, Pakistan, and Tanzania, the company exports a wide range of high-end products to over 110 countries worldwide.

ELSEWEDY ELECTRIC's five key business sectors are Wire, Cable & Accessories, Electrical Products, Engineering & Construction, Digital Solutions, and Infrastructure Investments. The company's comprehensive offerings include an all-in-one integrated Engineering, Procurement & Construction (EPC) service, enabling the delivery of complex turnkey projects on time and with high efficiency.

A significant part of the company's mission is to facilitate the global transition towards a sustainable energy future, thereby establishing green energy projects and smart cities across Africa, the Middle East, and Eastern Europe. $300.00M Debt Financing investment was secured on 15 November 2023, with the African Export-Import Bank as the investor.

ELSEWEDY ELECTRIC's efforts are focused on talent acquisition, empowering businesses and communities, and providing a wide range of digital solutions to help customers digitize and adapt to a constantly changing world. The company is committed to serving its customers while caring for the environment, and it aims to leverage its understanding of its environmental impact to develop more sustainable business scenarios and evaluate future policies.

Taxonomy: Integrated Infrastructure Solutions Provider, Engineering & Construction, Digital Solutions, Wire, Cable & Accessories, Electrical Products, Sustainable Energy, Smart Cities, Global Leader, EPC Service, Green Energy Projects, Community Development, Decarbonization, Digitalization, Sustainable Transition, Talent Empowerment

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Secondary •••••• 1 •••• •••• 09 Jul 2024
Post-IPO Debt •••••• 1 •••• •••• 15 Nov 2023
Post-IPO Debt •••••• 1
Investor
26 Jun 2019

ELSEWEDY ELECTRIC Alternatives & Competitors

ELSEWEDY ELECTRIC vs

Werer Energy is the Energy Solution of the Future!

8 employees
ELSEWEDY ELECTRIC vs

Lekela is a renewable power generation company.

Private Equity
42 employees
Energy, Industrial
ELSEWEDY ELECTRIC vs
Blue Horizon Energy
Blue Horizon Energy United States

We're advancing America's transition to carbon-free energy.

23 employees
Energy, Renewable Energy
Also compare with: ELSEWEDY ELECTRIC vs TerraScale TerraScale

FAQ About ELSEWEDY ELECTRIC

Empowering Generations
ELSEWEDY ELECTRIC was founded in 1938.
ELSEWEDY ELECTRIC is headquartered in Egypt.
ELSEWEDY ELECTRIC operates in the following industries: Energy.
ELSEWEDY ELECTRIC has approximately 13142 employees.
ELSEWEDY ELECTRIC has completed 3 funding rounds, raising a total of $849.10M. The latest funding stage is Post Ipo Secondary.
Top alternatives and competitors to ELSEWEDY ELECTRIC include WERER ENERGY, Lekela Power (an Infinity Power company) , Blue Horizon Energy, TerraScale, Saipem. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ELSEWEDY ELECTRIC and WERER ENERGY are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Don't just browse. Track.

Signal Tracker monitors ELSEWEDY ELECTRIC and millions of companies for funding rounds, hiring surges, product changes, and 40+ signal types — so you never miss an opportunity.

One analytics cookie (Google Analytics). Cookie Policy