MARTEL Trade

Solar PV systems, electrical works and grant paperwork for households, businesses and public bodies in Slovakia

Martin, SlovakiaFounded 2008marteltrade.skWebsite technologies

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Highlights

  • GrowingRevenue +35% YoY (FY2025) · RÚZ

Recent signals

What changed at MARTEL Trade in the last 6 months, newest first. Each line links to its public source.

  • 7 Jul 2026 Public contract · Won €119k public contract from Ministerstvo hospodárstva Slovenskej republiky: ZMLUVA O POSKYTNUTÍ PROSTRIEDKOV MECHANIZMU NA PODPORU OBNOVY A ODOLNOSTI crz.gov.sk

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About MARTEL Trade

MARTEL Trade designs and installs photovoltaic systems and does electrical works. Services cover feasibility studies and output design, project documentation and permits, supply of panels, inverters and mounting structures, commissioning, and service and monitoring. The listed electrical work includes 22 kV and low-voltage connections, transformer stations, electrical installations and excavation work.

Customers are households, companies and public administration. Besides system sales, the offer includes installment payment, loyalty discounts, handling of subsidy applications, annual service inspections, warranty and post-warranty service, and remote monitoring through a mobile app.

The company was founded in Martin, Slovakia, in 2008 and states that it operates across Slovakia and the wider EU. The website says it has more than 20 qualified staff.

Product: Photovoltaic system design, supply, installation, commissioning and service, plus electrical grid connection works

Financials

FY2025FY2024FY2023FY2022FY2021
Revenue€5.1M€3.8M€10.7M€5.3M€1.5M
Growth+35%−64%+104%+244%—
EBITDA€384k€527k€385k€294k€97k
Operating profit−€102k€97k€77k€104k€10k
Net profit−€151k€45k€35k€62k−€1k
Net margin−2.9%1.2%0.3%1.2%−0.1%
Personnel costs€226k€222k€268k€132k€90k
Total assets€3.0M€4.3M€3.8M€3.7M€1.2M
Cash€85k€6k€508k€139k€45k
Liabilities€2.9M€4.1M€3.6M€3.5M€1.1M
Equity€127k€282k€235k€200k€121k

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

Public contracts

Contracts MARTEL Trade signed since 1 Nov 2024, from the Slovak and Czech public contract registers. Values as published; amendments are not counted.

Customers

7 contracts with 5 buyers · €681k

ContractsValue
Univerzita Komenského v Bratislave - Jesseniova lekárska fakulta v Martine2€434k
Ministerstvo hospodárstva Slovenskej republiky1€119k
Mesto Martin2€57k
Mesto Partizánske1€46k
Mestská časť Bratislava-Petržalka1€25k

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Latest contracts

  • 7 Jul 2026 for Ministerstvo hospodárstva Slovenskej republiky · ZMLUVA O POSKYTNUTÍ PROSTRIEDKOV MECHANIZMU NA PODPORU OBNOVY A ODOLNOSTI · €119k register
  • 14 Apr 2026 for Mestská časť Bratislava-Petržalka · Obnova ŠH Draždiak - 5. časť Fotovoltika FVT · €25k register
  • 10 Dec 2025 for Mesto Partizánske · Fotovoltický zdroj MŠ Malá okružná · €46k register
  • 12 Nov 2025 for Mesto Martin · Zmluva o dielo č. 15/IO/2025" - realizácia diela ,,Fotovoltické zariadenie - FVZ 50kW - Základná škola s materskou školou J. V. Dolinského 2, Martin" · €36k register
  • 23 Jun 2025 for Univerzita Komenského v Bratislave - Jesseniova lekárska fakulta v Martine · ZMLUVA O DIELO Č. JLFUK MT 23 OVO/2025 · €220k register
  • 19 Jun 2025 for Univerzita Komenského v Bratislave - Jesseniova lekárska fakulta v Martine · ZMLUVA O DIELO Č. JLFUK MT 16 OVO/2025 · €215k register

Jobs at MARTEL Trade

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Leadership

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