Newsroom

On this page you will find information about Elsaco: news published, events we take part to or activities in which we engage. For further information, please contact the Communications Department:

Contact person

Andreea Govna
Communication Manager

Telephone: +40 231 507 060
Fax: +40 231 532 905
E-mail: pr@elsaco.com

2018

Date Ştire
05.09.2018 ELSACO ELECTRONIC SIGNED A CONTRACT FOR REHABILITATION OF THERMAL NETWORKS IN BRAŞOV

Elsaco Electronic, as an association leader, signed a contract with the City Hall of Brașov on Tuesday 04.09.2018 for the design and execution of the rehabilitation works for the transport and distribution networks in the Tractorul area.

The project aims at rehabilitating the heating networks in the Tractorul area, the old pipelines being replaced by pre-insulated ones. Currently, approximately 2,200 equivalent consumers are connected to the district heating network in the Tractorul district, with the system being configured so that over 6,000 equivalent consumers could be connected.
The contract has a value of 14,455,400 lei without VAT and the deadline is 31.08.2019.
“On the construction side, we will replace the old pipes, insulated with mineral wool – which are over-sized, exhibit frequent damage and heat loss – with new pipelines, pre-insulated, steel pipes, with polypropylene mantels and wire for damage detection, which are monitored through a centralized system. Most of the new network will be built on the site of the old network, but there will also be some new construction that involves expanding the existing network. We will try to keep back-up solutions for the protection of subscribers during the work, which will not be easy at all. We are an experienced company that has honored its commitments so far and we will mobilize consistent forces to meet the deadlines”, said Viorel Iliuţă, CEO of Elsaco Electronic.

11.05.2018

ELSACO SOLUTIONS participates in the international exhibition CeBIT Australia

Between May 15-17, 2018, Sydney will host the 17th edition of CeBIT Australia, which is also attended by the Elsaco Solutions, company from Botoșani.

CeBIT is the key event of the Asia-Pacific business technology industry. This is the meeting place for specialist in hardware and software, innovative technologies, telecommunication systems applicable in the public, industrial and household sectors, data protection systems and large data acquisition and e-commerce. The exhibition is a presentation platform for approximately 350 innovative organizations and allows over 15,000 participants to keep up with the latest ideas and developments in business technology.
Among the solutions and products presented by Elsaco Solutions’s representatives are:
• ELSACO CSS – advanced cybersecurity solutions.
• ELSACO SAM – Smart All Meters: smart metering solution that allows remote reading of any type of meter (electricity, water, gas, heat) regardless of manufacturer, whether analog or digital . It is based on Elsaco’s patented OCR technology, the only solutions with 100% accuracy.
• ELSACO SEP – Smart Event Presence: a solution for events where organizers want to have a closer communication with the public through smartphones.

Other products and solutions: IT & C equipment, Tempest equipment, EuroBuy.ro, online shop.

09.05.2018 New signed contract: Automation works, electrical installations and SCADA system development / implementation – Galați

Elsaco Electronic has signed a new works contract with Apa Canal Galați, contract for automation works, electrical installations and SCADA system development / implementation

The implementation of the project will take place over a period of 36 months and its value is approximately 3.3 million lei, excluding VAT.

Under the contract will be performed:

• designing and executing works for automation, electrical installations;
• SCADA Regional Water System development / implementation in the Galați county operating area;
• SCADA Regional Sewerage System development / implementation in the Galați county operating area.

26.04.2018 Elsaco Electronic will implement a new desulphurization system at CET Govora

The association Elsaco Electronic – Doosan Lentjes was awarded a turnkey project: “Combustion gas desulphurization system discharged from the coal boilers C5 and C6 – Combustion installation no. 2 of CET Govora “.

The project implementation will be carried out over a period of 24 months, and its value is about 97 million lei, without VAT.
By installing the desulphurization system (FGD), a substantial reduction of sulfur dioxide (SO₂) and dust emissions will be achieved, in accordance with the BAT (BREF Large Combustion Plants 2005) and the European Union requirements and recommendations. It will also increase the energy efficiency in the heat supply at customer level.
“We enjoy this result and we are looking forward with enthusiasm working at this project, being the second of this type implemented by us. In 2016, in cooperation with the German company Doosan Lentjes, we’ve successfully completed the new desulphurization installation (DeSOx) in CET 2 Iași, an investment achieved in a record time for both Romania and Europe”, said Viorel Iliuţă, CEO of Elsaco Electronic.

20.04.2018 ELSACO SOLUTIONS participates in the eCom International Exhibition in Geneva

From April 24 to 25, 2018, Geneva will host the 8th edition of the eCom 2018 International Exhibition, the largest event dedicated to web, eCommerce, mobile and digital marketing in Switzerland.

At this year’s edition, 11 Romanian companies will participate, along with the Association for Information Technology and Communications ATIC, including the Elsaco Solutions.
The event brings together 250 exhibitors and more than 4,000 visitors and decision makers who will be able to talk to top Swiss and international experts.

Among the solutions and products presented by Elsaco Solutions’s representatives are:
• ELSACO CSS – advanced cybersecurity solutions.
• ELSACO SAM – Smart All Meters: smart metering solution that allows remote reading of any type of meter (electricity, water, gas, heat) regardless of manufacturer, whether analog or digital . It is based on Elsaco’s patented OCR technology, the only solutions with 100% accuracy.
• ELSACO SEP – Smart Event Presence: a solution for events where organizers want to have a closer communication with the public through smartphones.
• ELSACO FO – a pipe-in-pipe solution for fast and efficient installation of optic fiber cables through water transport and distribution networks.

Other products and solutions: GDPR implementation support, IT & C equipment, online shop EuroBuy.ro, Tempest equipment.

19.03.2018 Elsaco Electronic was selected in the semifinals of “Made in Romania”

Elsaco Electronic was included on the short list of companies with the best story and growth prospects in the Made in Romania project, now at its second edition.

Out of the 201 registered companies, 50 semi-finalists were selected.

“We are glad that we have been nominated, for the second consecutive year, among the 50 companies that enter the final stage of the Made in Romania project. This gives us confidence and motivates us to try to be better and better. Anyone can support us with a vote by April 3, by visiting the following link: http://bvbleague.ro/vot/?company=elsaco_electronic”, said Viorel Iliuţă, CEO of Elsaco Electronic.

In the next stage, 14 companies will be selected by a special jury of 12 top market experts. The 15th company will be selected by public vote, which will be held from 19 March to 3 April at http://bvbleague.ro/. The final list of selected companies will be announced in April at the Made in Romania Gala.

These companies will enter into a mentoring program, from May to November 2018, covering topics such as marketing and branding, strategy and innovation, audit and development finance. Depending on the theme of each month, workshops, trainings, and meetings will be held for the teams and employees of the selected companies.

About Made in Romania
The Made in Romania project was launched by the Bucharest Stock Exchange in 2017 to identify and promote top companies in Romania. The purpose of the Made in Romania project is to identify the future engines of the Romanian economy and to support them for a year to help them bring their business to the next level, improving transparency, visibility, reputation and, most importantly, gaining access to the capital needed for development and further growth.

16.03.2018 ELSACO ELECTRONIC – SECOND PLACE IN THE CATEGORY ENVIRONMENTAL IMPACT

The recent years efforts to minimize the environmental footprint have been confirmed by the company’s second placement in the Environmental Impact category in the Green Business Index competition.

The Green Business Index (GBI) is a multi-annual project of the Green Revolution Association, initiated in 2010, aiming to independently assess and improveme the environmental performance of companies in Romania.
Using the Green Business Index platform, over 450 Romanian companies were able to assess their performance in environmental management and protection in 2017, measure their carbon footprint and adapt their business to the requirements of the cyclical economy, all related to international standards.

Within the category “Environmental Impact” were analyzed the concrete efforts made by companies for environmental protection in the sense of knowledge and emissions monitoring, reducing pollution and protect sensitive receptors, including biodiversity resources.

“Our business performance is closely related to the performance in the field of environmental protection and energy efficiency improvement. We have implemented at company leven an environmental management system which we use as a performance-generating tool and it allows us to better manage our risks. Also in our work we pay special attention to the monitoring of atmospheric emissions, soil contamination and we are convinced that through a green activity our business becomes more competitive”, said Viorel Iliuţă, CEO of Elsaco Electronic.

2017

Date Ştire
20.11.2017 ELSACO PARTICIPATED AT IWA WATER AND DEVELOPMENT CONGRESS & EXHIBITION 2017
Valeriu Iftime, chairman of the Board of Directors of Elsaco, Vlad and Şerban Iftime, general managers of Vestra Industry and Elsaco ESCo, attended from 13-16 November the Water and Development Congress, an event organized by IWA (International Water Association ) in Buenos Aires, Argentina. The three were representatives of ARA (Romanian Water Association) at this event.
“The importance of participating in such an event is undoubtedly extraordinary, in my opinion. I say this considering the very large number of specialists that participated from all around the world, but especially with regard to the themes approached in the held conferences.
We were pleasantly surprised to find that the main theme approached at this Congress was the reduction of water losses in transport networks, a topic promoted also in Romania for a few years by Elsaco ESCo.
Even more interesting is that the software developed by Elsaco (EMMSYS – Elsaco Meter Management System) is the main part of an NRWdata software developed by ITRON, software currently used to reduce water losses in more than 100 water companies from all around the world. EMMSYS and NRWdata are today the most important global software tool for reducing water losses”, said Valeriu Iftime, chairman of the Board of Directors of the Elsaco group of companies.
23.10.2017 ELSACO ATTENDED THE TRADE WINDS FORUM 2017
Valeriu Iftime, Chairman of the Elsaco group of companies, Viorel Iliuţă, General Manager of Elsaco Electronic and Vlad Iftime, General Manager of Vestra Industry, participated from 19 to 20 October at the Trade Winds Forum 2017, which took place at Bucharest.Trade Winds is the largest annual trade mission organized by the US Government to bring together US and foreign companies in order to create business partnerships. The 10th edition of Trade Winds was the largest government trade mission in the history of the region. Approximately 50 representatives of the Department of Commerce and 80-100 small and medium-sized companies have had the opportunity to participate in the mission in all of South East Europe. Bucharest was the center of the event and hosted a forum on business development in the region.
“The Trade Winds Forum has been a very effective and professional way of bringing together companies from different business areas and different regions. It is good news that Romania has been selected to host such an event. For us it has been a great opportunity to get in touch with American businessmen working in areas of interest for us”, said Valeriu Iftime, Chairman of the Board of Directors of the Elsaco group of companies.
Among the American companies participating in the Forum were both world-renowned names such as IBM, Microsoft, Oracle, Raytheon, Kestral, Harris Corporation (space intelligence), SAS Institute (software), Perry Baromedical Corporation(medical equipment) as well as small and medium-sized companies from the US, interested in developing partnerships in our country.
29.09.2017 ELSACO PARTICIPATES AT EUROPEAN UTILITY WEEK
Elsaco Solutions and Elsaco Business Software, companies of the Elsaco group, will be participating at the European Utility Week 2017, which will be held in Amsterdam on October 3-5.
European Utility Week is the reference event in Europe for the smart utilities sector, bringing together over 12,000 international stakeholders in smart energy and 600 exhibitors.
European Utility Week is the most important business, innovation, and information platform that connects the smart utilities community and enables meetings with utilities experts, network operators, vendors, consultants, startups and integrators covering the entire value chain of the smart system.
This year’s edition will focus on regional and global development in Network Optimization, Renewable Energy, Energy Storage, Smart Metering, Smart cities, Smart home, Energy and Efficiency Services, Energy Transactions, Smart Buildings, Data Management, IoT, Smart Water.
Among the solutions and products presented by Elsaco Solutions and Elsaco Business Software representatives are:
• ELSACO EMMSYS (Elsaco Meter Management System) – system for collecting, monitoring, managing and analyzing data received from meters.
• ELSACO ACE – dedicated billing, distribution and business management software for utility companies (water, heat, sanitation), distribution companies, or tenant associations.
• ELSACO CSS – cybersecurity solution for energy and utilities companies.
• ELSACO SAM – Smart All Meters: allows remote reading of any type of meter (electricity, water, gas, heat) regardless of the manufacturer, whether analog or digital.
• ELSACO SEP – Smart Event Presence: is a must for any event in which organizers want to have a closer communication with the public through smartphones.Products and Services: Cybersecurity, SCADA / RTU Systems, AMI / AMR, Billing, Electricity Metering, Gas Metering, Meters Data Management, Water Metering, Smart Grid Solutions.
06.07.2017 Elsaco attended the reception hosted by the U.S. Embassy to Romania, with the occasion of the Independence Day
Viorel Iliuţă, CEO of Elsaco Electronic, attended Tuesday, July 4th, the reception organized by the U.S. Embassy in Romania, with the occasion of the USA Independence Day.
“I attended a beautiful reception, greatly organized. It was a very interesting event, especially since this year marks 20 years of strategic partnership between Romania and the U.S. We are also looking forward to the commercial mission in the autumn, which was announced on this occasion. I want to thank H.E. Hans Klemm, the U.S. Ambassador to Romania, for the invitation”, said Viorel Iliuţă, CEO of Elsaco Electronic.
The reception theme, organized this year by the U.S. Embassy, celebrated the 70th anniversary of the break-up of the racial barrier in the Baseball Professional League by Jackie Robinson. He played a key role in overcoming prejudices and, thanks to him, all baseball players who followed were able to compete at the highest level, regardless of race and nationality. Among the guests of the U.S. Embassy were the daughter of Jackie Robinson, Sharon Robinson and three former professional league baseball players: LaTroy Hawkins, Marlon Anderson and Scott Erickson.
22.06.2017 Elsaco attended the event “Innovations in water management and the strategic partnership Romania – Israel”
Elsaco attended the event “Innovation in water management and the strategic partnership Romania – Israel” on Wednesday, June 21, 2017. It was organized by the Embassy of Israel in Romania together with the Israel Water Authority and was held at the residence of His Excellency Tamara Samash, Ambassador of Israel in Bucharest.
The guest of honor of the evening was Mella Schwartz, Director of the Development Division of the Israel Water Authority. She presented a series of solutions and innovations in the field of water management and treatment as well as the Romania – Israel strategic partnership.
The event took place in a small frame and brought together top level management participants of the water domain – regional water companies, design, construction, consulting, security and government authorities from Romania.
21.06.2017 Elsaco attended the SelectUSA Summit
Elsaco, along with other 17 Romanian companies, was part of the Romanian delegation that attended the SelectUSA Investment Summit in the presence of H.E. the Ambassador of the United States of America in Romania, Hans Klemm. The event took place from 18 to 20 June 2017 in Washington DC.
“For us, attending this Summit was particularly interesting. We’ve interacted with representatives of some major companies, economic development organizations and US government officials. It is, in my oppionion, the ideal type of event to meet potential investors and to develop your business. I would also like to thank H.E. Hans Klemm, the US Ambassador in Romania and the representatives of the Embassy for all the support”, declared Valeriu Iftime, President of the Board of Administrators of the Elsaco group of companies.
About the SelectUSA Summit
SelectUSA is a U.S. government-wide program housed in the International Trade Administration at the United States Department of Commerce.
SelectUSA assists U.S. state, tribal, territory, regional, and local economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy.
SelectUSA helps companies of all sizes find the information they need to make decisions, connect to the right people at the local level, and navigate the federal regulatory system.
05.04.2017 H.E. THE U.S. AMBASSADOR TO ROMANIA HANS KLEMM, VISITED ELSACO
The Elsaco group of companies received Tuesday, 04.04.2017, the visit of H.E. Hans Klemm, the U.S. Ambassador to Romania, together with representatives of the embassy.On this occasion, the distinguished guest visited the headquarters of the group of companies, after which he attended a presentation of the activity of the companies.
“One of the priorities of my mandate, alongside with promoting security and the democratic values, is to help the companies seeking to do business in the U.S. and the Romanian companies that want to sell products and promote projects in the U.S. Also, during the discussions with the Romanian President, I have always emphasized the importance of finding ways to strengthen the economic relations between our countries, to increase the exchange of goods and services. There are many American companies on the Romanian market, in various sectors, I wish they would be more, but those present see Romania’s growth potential. Such interactions with businesses in Romania help us find out more about the economic environment and identify opportunities for growth and consolidation of the bilateral relations”, said Hans Klemm.
The American Ambassador was interested to know the opinion of the management of the Elsaco group of companies regarding the economic climate in Romania, the opportunities for development and cooperation with the U.S. companies and the obstacles encountered over time.
“It’s the most important visit that Elsaco receives from the beginning of its activity. To have here, in Botosani, an ambassador of the most powerful country in the world gives us confidence that our business is visible and of interest to foreign markets. I learned many business lessons from the U.S. companies. The collaboration with an American company imposes a code of ethics. It may seem strange at first glance, but is particularly important. In the recent years in Romania has been made a great progress regarding the fight against corruption and this fact must become known to remove the reluctance of the foreign investors. Given the existing partnership between the two countries and the shared economic interests, it is important to act in order to encourage and increase the American investments in Romania.
I think that there is a huge potential in the Romanian market for the American companies in various fields of activity, we need projects and investments. Also, it matters how we manage to promote ourselves abroad, how we show that we are a reliable partner. We participate in large tenders and approach them with foreign partners, and they give a guarantee that we are a serious and healthy player”, said Valeriu Iftime, President of the Board of the Elsaco group of companies.About the collaboration of Elsaco with Itron and Rockwell Automation
Since 1995 the companies Elsaco Electronic and Itron have a close collaboration. For over 10 years, the Romanian company is a key partner, of reference, of Itron for the development of logistic platforms. The collaboration with Itron started in the meters distribution domain and now, together, the two companies have developed an application for water loss detection in networks, a software used worldwide.
Vestra Industry, the newest company of the group, specialized in the distribution and sale of equipment for utilities and entrepreneurs, is, starting with 2015, the exclusive partner in Romania for the world leader in automation systems – Rockwell Automation. In addition to the distribution of equipment, Vestra provides consulting services and customized solutions for beneficiaries, utility companies and entrepreneurs, operating on the Romanian market.
08.03.2017 Elsaco Electronic has been nominated under the “Made in Romania” project
Elsaco Electronic has been nominated, alongside 49 other Romanian companies, under the project “Made in Romania: the league of 15 unique companies for the Romanian economic growth”, project of the Bucharest Stock Exchange.
In the next phase, 14 companies will be selected by a special jury consisting of 12 top experts of the market. The 15th company will be selected by public vote, which will run between 8 and 19 March.
The 15 finalist companies will enter the “BVB League”, a special mentoring program offered by the Bucharest Stock Exchange and its partners. During April-November 2017, the Bucharest Stock Exchange, together with its partners, will provide support and mentoring to the finalist companies by giving them trainings, workshops, networking opportunities and business development, which will aim to boost growth and the organic development of companies.
16.01.2017 The flue gas desulphurisation system (FGD) from CET 2 Iași has proven its efficiency
In 2016, the Power Projects Division from Elsaco Electronic completed the flue gas desulphurisation system for the retrofit boiler in CET 2 Iași. The plant has successfully passed also the performance tests conducted in November.The project, with a value 21.7 million euros, consisted in implementing desulphurisation system for the flue gases resulting from the retrofit boiler (IMA 4) of CET 2 Iaşi in order to comply with the concentration of the sulfur dioxide (SO₂) emissions, within the limits of the environmental standards.The investment implementation envisaged the reduction of sulfur emissions into the atmosphere, in order to increase the energy efficiency in the heat supply.In cooperation with Doosan Lentjes, global provider of processes and technologies for energy production from renewable and fossil fuels, the desulphurisation plant implemented by Elsaco Electronic passed with no faults also the performance tests conducted in November 2016, a particularly important element to comply with all the guaranteed values.The plant removes 97% of the sulfur dioxide from the flue gases. This high desulphurisation degree guarantees concentrations of the emissions of sulfur in the atmosphere well below the 200 mg SO₂/Nm3 required by the European rules.”In 2016 we successfully completed the New desulphurization installation in CET 2 Iași. In the series of performance tests that we have conducted we achieved better results than those assumed. It is a project that we are proud of, being the fastest carried out installation of this kind in Europe. It was a real challenge for us to carry out this project, especially regarding the implementation deadlines, a satisfaction is that we have demonstrated that it can be done. We had a great team, dynamic people, adaptive, eager to learn, the success is due to them”, said Ovidiu Butnaru – Project Manager, Elsaco Electronic.
Within the project, Elsaco provided: design and engineering services; general services (surveys, as-built documentation, operation and maintenance manuals); construction works and associated services; mechanical, electrical and automation technological installations; installation of fire detection, access control; commissioning and Beneficiary staff training, performance tests.

2016

Date News
December 8, 2016 Elsaco Electronic and Itron will collaborate for water smart metering

Itron and Elsaco Electronic have signed, in November, a contract under which Elsaco Electronic will provide, based on Itron specifications, the software platforms for
advanced solutions for detection of losses in water networks. The initiative is a key
part in the Itron’s development strategy at international level.

Itron and Elsaco are in close collaboration since 1995. For more than 10 years, the Romanian company is a key partner of reference of Itron for the development of
logistics platforms. Elsaco expertise, combining large-scale data processing ability and detailed knowledge of the water sector, is associated to the most important smart
water metering contracts Itron won in recent years, worldwide.

“We started working with Itron from meters distribution and we got that together with the French team to develop an application for the detection of water leakages – a
software used worldwide. This demonstrates that we are serious, that we are having a very good relationship with the French counterpart, and I am pleased that together we manage to identify innovative solutions to problems of global concern, such as conservation of water resources,” said Valeriu Iftime, President of the Board of Elsaco group of companies.

September 28, 2016 Romania-Israel Cyber Security Forum
Our colleagues from Elsaco Solutions attended the event Romania-Israel Cyber
Security Forum, which took place on September 28, 2016 in Bucharest.
At the event were presented cyber security solutions and technologies for various
sectors: critical infrastructure, banking, computer crime, defense, intelligence, communications.
September 26, 2016 IT HAS BEEN INAUGURATED THE BIGGEST PROJECT OF DISTRICT HEATING
OF ROMANIA FROM THE LAST 26 YEARS “PROJECT IMPLEMENTATION AT THE SOURCE CET ORADEA”

Monday, September 26 2016, the new power plant on gas of Oradea, worth 54 million euro, was inaugurated in the presence of the Minister of European Funds, Cristian
Ghinea.

The project from CET Oradea, the most important investment made in the thermal
power industry in Romania in the last 26 years, implemented by Elsaco Engineering in association with STC S.p.a. Italy, consisted in developing the new source of production
in cogeneration, highly efficient, of electricity and heat, required by the municipality to ensure a quality public service for heating and hot water supply to the inhabitants of Oradea.

The configuration of the new CHP consists of a gas turbine of high efficiency of
45 MWe, a recovery heat boiler corresponding to the turbine of 50 MWt, two hot water boilers of 116.3 MWt, two saturated steam boilers together with all the other ancillary facilities necessary for the proper functioning. This configuration CHP uses modern technologies and provides a range of performance parameters related to
capacity, energy efficient cogeneration, specific maintenance, annual availability, compliance with the European rules concerning the emissions into the atmosphere.

Elsaco has implemented several projects of construction of new sources of
production in cogeneration of heat and power (eg CET Botoșani, Chimcomplex Borzeşti, CET Bacău) and
an environmental project at CET 2 Iași – New desulfurization plant (DeSOx ), similar projects by nature and complexity.

“The project of Oradea represented the biggest challenge for Elsaco
and his partner – STC Italia S.p.A., considering its scale. It was a real deployment, at certain moments working even 300 people on the construction site of Oradea. The success was due to the efficient organization and obviously the team of professionals
who made the project to come to life
“, said Cătălin Ifrim – Project Manager.
Among the advantages of the new source of production in cogeneration can be mentioned: reducing losses on the district heating network by
maintaining an optimum temperature round-trip and increase operational safety, maximizing the revenue from the sale of electricity without affecting the continuity of supply of heat, the use of the turbine at maximum efficiency, compliance with
European norms regarding the emissions into the atmosphere.

For more than two decades Elsaco has implemented projects that have changed the
lives of local communities and the beneficiaries of the works have streamlined their costs, developed new and efficient sources of energy production in order to sustain a higher production rate, ensured to the customer a qualitative and performant service of water supply, hot water supply, heat supply, and have managed and reduced the
network losses.

September 14, 2016 Valeriu Iftime, the president of the group of companies Elsaco, has met the President of France, François Hollande

Tuesday, 13/09/2016, Valeriu Iftime attended the economic forum on
“Franco-Romanian Partnerships for the Future” held in Măgurele. The event was
organized due to the visit of the French president, François Hollande.
At a reception at the French Embassy in honor of the French Community of Romania Valeriu Iftime has met the French president.

“It was an important moment for me as man to shake hands with one of the most important people in the world. I was invited to a Romanian-French forum, I was
present at that forum, I was invited by the French Embassy at a dinner which was
offered by the president in honor of the French Community of Romania. I
witnessed first two exceptional speeches. The French president shook my hand and
congratulated me”, said Valeriu Iftime and added:

We started from meters distribution and got to develop, with a French team, an application for the detection of water losses. We have this application made by us,
based on the requirements coming from the French. It is a software that nowadays is used worldwide in Brazil, China, Russia, Turkey and many European countries. We represent a medium company, as well as Itron in France. They have over 1000 employees, six factories in France. We are a company with 500 employees. Is a partnership between two medium companies. In addition, we brought four more
French companies in our business, on the water equipment and water and heat management. Every year we had an increase in turnover and a very good relationship with the French. I had the seven years of home in business and in football from the French. I learned so much from them. A year ago we signed a cooperation protocol
with Degremont, one of the largest French companies to sell and implement solutions for
water treatment in Romania. I’m the entrepreneur and they come on the engineering and solutions part
. ”

August 10, 2016 Elsaco has successfully completed the implementation of the “New desulphurization installation (DeSOx) in CET 2 Iași – Holboca”

The Power and Heat Division of Elsaco Electronic has successfully implemented for the beneficiary Iaşi Municipality, a flue gas desulfurization installation for the retrofit
steam boiler (IMA4) from CET 2 Iași in order to frame the sulfur dioxide emissions
(SO2) within the limits set by the environmental standards.

The project, amounting to about 21.7 million euros, had as objective ensuring
(through the installation of desulphurisation) the compliance to the European environmental standards, a critical aspect for the Iași heating station in order to
obtain the function license, on the one hand, and to reduce the production costs,
on the other hand.
The investment implementation seeked to reduce the sulfur emissions in the
atmosphere, in order to increase energy efficiency in the heating.
“This year we successfully completed the New desulphurization installation in CET 2
Iași. It is a project that we are proud of, being the fastest carried out installation of
this kind in Europe. Also, at the performance tests were obtained better results than those
assumed. It was a real challenge for us to carry out this project, especially
regarding the implementation deadlines, a satisfaction is that we have demonstrated
that it can be done. We had a great team, dynamic people, adaptive, eager to learn,
the success is due to them”, said Ovidiu Butnaru – Project Manager, Elsaco Electronic.
Within the project, Elsaco provided: design and engineering services; general services (surveys, as-built documentation, operation and maintenance manuals); construction works and associated services; mechanical, electrical and automation technological installations; installation of fire detection, access control; commissioning and
Beneficiary staff training, performance tests.

July 15, 2016 Elsaco is implementing a new project in Republic of Moldova

Starting June A.C., Elsaco started the works within the project “Rehabilitation of the district heating pumps, installation of frequency inverters and associated equipment in pumping stations 12 and 13 Chișinău.

“The project value is approximately 3.3 million EUR.“The year of 2015 was a
particularly good one for Elsaco. We recorded a turnover of 158 million EUR and a profit of 5.4 million EUR , mostly due to the major projects initiated in 2014, executed in 2015 and completed in 2016: Cogeneration plant II – Chimcomplex Borzeşti,
Implementation Project at Oradea CET Source and New installation of desulfurization (DeSOx) in CET 2 Iași.
2016 is a challenge for us because of the lack of projects with European funding, but we have ongoing contracts with companies operating in the industry, and we are also focusing our attention on the foreign market. Thus, for 2016, we propose that a percentage of 10-15% of turnover to be represented by projects
carried out abroad.

We already operate for 3 years in Belgium and this year we won a project in Republic of Moldova which consists of modernizing two pumping stations in Chișinau. Within it we provide works and services associated with the construction, thermomechanical installations, electrical installations and automation”, said Valeriu Iftime – President of
the Board of Elsaco Group.

 

Elsaco has implemented two projects in Moldova in Cahul and Florești regions, projects which targeted the implementation of SCADA systems for monitoring and controlling water networks.

June 13, 2016 Completion of contract “Purchase and installation of remote reading meters”– Compania de Apă Arieș
On 17/06/2015, Elsaco Electronic SRL has signed with Compania de Apă Arieș, the operator of water and sewage in Turda-Câmpia Turzii, the supply contract “Purchase
and installation of remote reading meters.”
The investment, completed 100%, had as objective the replacement of the existing meters with remote reading meters.
Also, the contract concerns the supply of handheld terminals for meter reading,
complete software and hardware related to the water meters reading system, a data management system for the information received from the meters and the installation, commissioning, testing, maintenance and staff training.
The direct beneficiaries are to economic operators, associations of homeowners and domestic users of the municipalities Turda and Câmpia Turzii and the villages Mihai Viteazu, Corneşti, Cheia, Bogata, Sănduleşti, Copăceni, Luna, Viişoara, Urca, Gligoreşti.
The remote reading meters provide an operational advantage, enabling reading the
index at a distance of up to 1000 meters, making it possible to determine the consumption without requiring the presence of the consumer or the reading can be
made even in case of flooded sumps. The customer advantage is that the billing is
based on the actual consumption, not on estimates.
The remote reading meters allow finding out the consumption at any time, collecting statistics about the consumption behavior, being available the consumption history of
the latest 13 months. They can also detect water leaks or in case of excessive consumption the customers can be warned to take measures to verify the installation. This system makes possible the detection of unauthorized interference at the meter.
June 10, 2016 Elsaco ESCO has participated in the economic mission “Modern construction technologies and processes for the energy efficiency of buildings” in Bavaria, Germany

During 5 days, between 5 to 10 June, Elsaco ESCO has participated in the economic mission “Modern construction technologies and processes for the energy efficiency of buildings” in Bavaria, Germany, mission organized by FNTM and its German partner
TUM-Tech.
The mission has been carried out under the Program Bayern – Fit for Partnership, supported by the Ministry for Economy, Infrastructure, Transport and Technology in Bavaria, through Bayern International.
During the 5 days the Romanian delegation, composed of 15 Romanian managers
from the construction industry, energy efficiency companies, specialized organizations
and public authorities met 20 Bavarian companies and organizations specialized in energy efficiency in construction.

Februrary 8, 2016 Completion of contract “Operational Equipment – Lot 2”
Elsaco Electronic completed the supply contract “Operational Equipment – Lot 2”, part
of the project “Investment and facilities to improve the operating capacity of Compania de Apă Arieș Turda” started by C.A.A., with a value of 2.771.370 million lei, without VAT .
The contract was signed on 01.09.2015, the order of commencement being issued on 11.09.2015.
The purpose of this investment consisted in the purchase of the following equipment:

    • power generator 5 KVA (equipped with pick hammer+submersible water pump )-1 pc;
    • mini front loader – 2 pcs;
    • autocombined 10 mc – 1 pc;
    • tractor with trailer – 1 pc;
    • trailer utilites cabin crew 6 + 1 – 1 pc;
    • tank truck 15000 l – 1 piece.

This equipment purchase aims to:

      • increase the efficiency of the capacity of the regional operator (Compania de Apă Arieș S.A.) regarding the required times for interventions on the networks in the area Turda-Câmpia Turzii;
      • ensure increased efficiency of the maintenance of drinking water and wastewater networks.

 

2015

Date News
June 17, 2015 Contract – Compania de Apă Arieș
On 17/06/2015, Elsaco Electronic SRL has signed with Compania de Apă Arieș, the operator of water and sewage in Turda-Câmpia Turzii, the supply contract “Purchase and installation of remote reading meters.”
The contract has a value of 14,487,236.91 lei and an execution period of 6 months from 08/07/2015.
The objective of this contract is the acquisition and installation of approximately 16.670 cold water meters, pre-equipped for remote data transmission, to economic operators, associations of homeowners and domestic users in Turda, Câmpia Turzii, Mihai Viteazu, Corneşti, Cheia, Bogata, Sânduleşti, Copăceni, Luna, Viişoara, Urca, Gligoreşti.
Also, the contract concerns the supply of handheld terminals for meter reading, complete software and hardware related to the water meters reading system, a data management system for the information received from the meters and the installation, commissioning, testing, maintenance and staff training.
The remote reading meters provide an operational advantage, enabling reading the index at a distance of up to 1000 meters, making it possible to determine the consumption without requiring the presence of the consumer or the reading can be made even in case of flooded sumps. The customer advantage is that the billing is based on the actual consumption, not on estimates.
The remote reading meters allow finding out the consumption at any time, collecting statistics about the consumption behavior, being available the consumption history of the latest 13 months. They can also detect water leaks or in case of excessive consumption the customers can be warned to take measures to verify the installation. This system makes possible the detection of unauthorized interference at the meter.
June 17, 2015 Expo APA 2015
Elsaco participated at the 17th edition of Expo Apa which took place between 15 and 17 June 2015, at the Palace of the Parliament in Bucharest. The event addressed water professionals, operators of water supply services and sewerage, representatives of central and local authorities, as well as academics and gathered over 90 exhibitors and 300 participants from the country and abroad.Over the years, Elsaco has been a constant presence at the event and at this edition has come together with the newest company of the group, Vestra, which deals with activities of distribution and sale of equipment for the utilities companies and contractors. On this occasion, Elsaco’s specialists presented the achievements of the year and the latest solutions for various projects in the water supply and sewage-purification sector.DSC_0063
May, 13, 2015 Elsaco – “Energy Services Company of the Year”
Tuesday, May 12, 2015, the publication The Diplomat – Bucharest held its fourth annual edition of the Romanian Energy Awards (http://www.energyawards.ro/).
Elsaco won the “Energy Services Company of the Year” prize for outstanding achievements as general contractor. There have been quoted our first five thermal power projects (in order of value) which are started, implemented or completed in 2014, with a total value of over 470 million lei.
The event brought together representatives of governmental authorities, regulatory bodies in energy, top players in the production and distribution of energy, trading, resources (oil, gas, coal, hydro renewable energy), finance, law, consulting, involved in developing and monitoring the most dynamic sector of the economy.elsaco - the diplomat
march, 25, 2015 Elsaco will supply 9500 cold water meters with radio reading modules for AQUATIM SA

Elsaco will supply 9500 cold water meters equipped with radio reading modules for AQUATIM SA, the utility company for water supply and sewerage in Timişoara. The contract involves the delivery of the water meters and radio reading equipment, but also the implementation of the reading system and meters mounting.
The main goal of this project is intended to replace old water meters, technically and morally outdated, with the next-generation meters with radio reading. The contract is in progress, so far there have already been installed more than 2000 meters.
The water meters with radio modules allow reading the index from distances up to 1000 meters. The water company representatives can determine the water consumption, even when they don’t have access to the meter for various reasons: the device is mounted on a private property, the customers are not home or the meter system is flooded.
The main advantage for the customer, but also for the water company, is that the billing will be based on the actual consumption, not on the consumption estimates based on the previous months or prognosis . Moreover, the meters with remote reading system allow to find out the consumption at any time, but also to develop some statistics related to consumer behavior. This information also provide important clues for water leaks. If an unusually high consumption, the water company can alert customers to take measures to verify the interior installations.

Contract period: 10 months
Contract value: 3 085 100 Lei

2014

Date News
June, 13, 2014 Expo Apa 2014
This year, Elsaco takes part again to Expo Apa Exhibition, the 16th edition, an event organized by the Romanian Water Association between June 16 and June 18, 2014. This exhibition addresses the companies which are active in the field of water, equipment and technology suppliers, operators in the field of water supply and sanitation system services, researchers, designers, consultants, university teachers, public authorities, either central or local, international financial institutions, etc.

2013

Date News
January 23, 2014 A new project implemented by Elsaco Business Software
Elsaco Business Software has signed at the beginning of January a project which is part of the Sectoral Operational Program ‘Increase of Economic Competitiveness’
Priority axis 3: Information and Communications Technology for private and public sectors, Main area of intervention 3: Support of E-Economy
Operation 2: Support for the development of e-commerce systems and other on-line solutions for business.
Type of non-reimbursable financial support: European Regional Development Fund and the State Budget
Project Title: “Implementation of a computerized system of commerce and electronic transactions by SC ELSACO BUSINESS SOFTWARE SRL Company”.

2013

Date News
April 12th, 2013 Elsaco’s reinvention
In over nineteen years of existence, Elsaco moves to a new stage of development and reinvents its brand identity so as to clearly reflect its current position.
We are talking about re-branding Elsaco, adapting it to our new market position and taking an oath of allegiance to the same mission: provide and implement professional solutions for public utility, water, energy and lighting management. By using our professionalism and experience gathered so far, we are able to increase satisfaction for all stakeholders involved: own staff, customers and partners.
The new brand identity is supposed to reflect the company’s growth and Elsaco brand’s strength and reliability.
March 1st, 2013 Elsaco’s new visual identity
After nineteen years on the market of energy equipment and services, Elsaco develops a new visual identity. The rebranding process begins in early 2013.
February 20th, 2013 Elsaco will attend Expo Apa Fair, June 10 to 12 2013, Bucharest, Palace of the Parliament
Elsaco Company will also attend this year’s Expo Apa Fair, the international fair specialized in equipment and technology dedicated to the water industry. The fair will take place on June 10 to 12 2013 in Bucharest at the Palace of the Parliament.

2011

Date Ştire
November 27th 2011 Elsaco Company performs the most significant modernization in the history of CET Bacau
In late November 2011, we signed the contract for the modernization of Bacau District Heating Service (CET Bacau), an important work for all city residents that will enable the transition to state-of-the-art technologies, based on which electricity and heat are produced through high efficiency cogeneration. Modernization and improvement works amounting to more than 2.4 million will be executed by a consortium led by Elsaco Electronic and are expected to last for 16 months.

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