MGE GROUP

Electrical installation contractor in Banská Bystrica for commercial, public and industrial building projects across Slovakia

Banská Bystrica, SlovakiaFounded 2004mge.skWebsite technologies

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Highlights

  • ProfitableFY2025 net profit €202k · RÚZ
  • Hiring1 open role
  • New on EvolcAdded 2026-11-11

Recent signals

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

  • 8 Oct 2026 Public contract · Won €49k public contract from Centrum účelových zariadení: Zmuva o dielo,,Kompletná rekonštrukcia elektroinštalácie v kuchynských priestoroch CÚZ Smrekovec Donovaly" crz.gov.sk

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About MGE GROUP

MGE GROUP s.r.o. is an electrical installation company based in Banská Bystrica. It carries out complete electrical installations for new buildings, reconstructions and modernisations, including high- and low-current wiring, lightning protection and earthing, public and area lighting, fire and security systems, earthworks, and design, inspections and service.

Its customers are commercial, public, industrial and residential construction projects in Slovakia, often working alongside general contractors and specialist partners. Revenue comes from installation contracts for construction projects and from ongoing service of operating premises.

The company was founded in 2004 as MG ELECTRIC, s.r.o. and renamed MGE GROUP in January 2019. It has its own premises in Banská Bystrica, reports more than 300 completed projects, and is currently recruiting electricians for switchboard production in its Banská Bystrica workshop and for installation and service work across Slovakia.

Product: Electrical installation contracts for new builds and reconstructions, including high- and low-current wiring, lightning protection, public lighting, fire and security systems, and service.

Financials

FY2025FY2024FY2023FY2022FY2021
Revenue€2.6M€2.3M€2.0M€1.9M€1.9M
Growth+13%+15%+5%+5%—
EBITDA€351k€442k€492k€372k€405k
Operating profit€282k€374k€393k€302k€362k
Net profit€202k€291k€297k€227k€277k
Net margin7.7%12.4%14.6%11.7%14.9%
Personnel costs€63k€58k€47k€37k€37k
Total assets€2.7M€2.5M€2.0M€1.8M€1.5M
Cash€864k€588k€506k€369k€188k
Liabilities€683k€722k€435k€554k€470k
Equity€2.0M€1.8M€1.5M€1.2M€1.0M

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

Public contracts

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

Customers

2 contracts with 2 buyers · €142k

ContractsValue
MBB a.s.1€93k
Centrum účelových zariadení1€49k

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Latest contracts

  • 8 Oct 2026 for Centrum účelových zariadení · Zmuva o dielo,,Kompletná rekonštrukcia elektroinštalácie v kuchynských priestoroch CÚZ Smrekovec Donovaly" · €49k register
  • 21 Aug 2025 for MBB a.s. · Zmluva o dielo č.481/2025/CRZ-I · €93k register

Jobs at MGE GROUP (1)

MGE GROUP is hiring for one role in manufacturing, based in Banská Bystrica.

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Website technologies

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Analytics

  • Google Tag ManagerMedium confidence
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Frontend frameworks

  • Tailwind CSSMedium confidence
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