Levare Cable

Manufactures power cables for electrical submersible pump systems at its Dubnica nad Váhom plant in Slovakia

Dubnica nad Váhom, SlovakiaFounded 1997levarecable.skWebsite technologies

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Highlights

  • ProfitableFY2025 net profit €919k · RÚZ

About Levare Cable

Levare Cable s.r.o., formerly ZTS-KABEL, produces power cables for electrical submersible pump (ESP) systems at a single production facility in Dubnica nad Váhom, Slovakia. The product range includes flat and round EPDM, nitrile and polypropylene cables, and MLE cables, with copper conductors and galvanized steel, Monel or stainless steel armor. All products are manufactured to ASTM, API and IEEE standards.

The company is part of the manufacturing centers of Levare International, headquartered in Dubai, UAE, which the website describes as an artificial lift group covering ESP, permanent magnet motor and horizontal pump systems. The website does not name individual customers or describe its revenue model.

Established in 1997, the company holds ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certifications. The website states a production area of 161,000 sq ft (15,000 sq m), and registry records list it as an s.r.o. with 100-249 employees.

Product: Power cables for electrical submersible pump systems, including EPDM, nitrile, polypropylene and MLE cable types built to ASTM, API and IEEE standards.

Financials

FY2025FY2024FY2023FY2022FY2021
Revenue€40.4M€53.0M€48.1M€30.1M€18.8M
Growth−24%+10%+60%+60%—
EBITDA€2.2M€4.0M€4.4M€2.1M€1.2M
Operating profit€1.6M€3.4M€3.8M€1.5M€692k
Net profit€919k€2.5M€2.9M€1.2M€516k
Net margin2.3%4.8%5.9%3.9%2.7%
Personnel costs€5.3M€5.1M€4.0M€2.9M€2.5M
Total assets€30.9M€24.8M€18.9M€16.2M€13.5M
Cash€30k€103k€89k€111k€39k
Liabilities€11.8M€6.5M€3.1M€3.2M€1.6M
Equity€19.1M€18.3M€15.8M€13.0M€11.9M

As filed with RÚZ (Slovak register of financial statements). Each year links to its statement.

Jobs at Levare Cable

No open positions listed right now.

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