TESEC

Custom cable harness and wire assembly manufacturer for telecom, appliance and medical technology customers in Europe

Banská Bystrica, SlovakiaFounded 2016tesec.skWebsite technologies

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Highlights

  • ProfitableFY2025 net profit €201k · RÚZ

About TESEC

TESEC produces and customises electrotechnical products, mainly cable harnesses and wires and cables, using crimping, soldering, potting, automated braiding, cutting, stripping, marking and testing on test panels made for each product type. It also offers 3D printing and other services.

Customers are manufacturers in telecommunications, electrical appliances, medical technology and other sectors, to whom it supplies manufactured and delivered cable products. The company's revenue comes from this production and delivery work.

TESEC, s.r.o. was founded in 1997 to create production capacity for a Dutch holding company, and its legal entity dates from 2016. Its headquarters are in Banská Bystrica, with a branch in Ružomberok (opened 2021) and a branch in Belgium (opened 2019). It holds UL certification (2015) and ISO 9001/2000 certification (2003), and renewed its technology park in 2023/2024 with automated cutting, braiding and potting technologies.

Product: Custom-produced cable harnesses, wires and cables, with potting, braiding, printing and testing services.

Financials

FY2025FY2024FY2023FY2022FY2021
Revenue€5.1M€4.9M€5.5M€5.2M€4.9M
Growth+4%−10%+4%+7%—
EBITDA€473k€789k€680k€688k€603k
Operating profit€297k€633k€565k€585k€530k
Net profit€201k€483k€421k€417k€387k
Net margin3.9%9.8%7.7%8%7.9%
Personnel costs€1.5M€1.4M€1.4M€1.4M€1.2M
Total assets€3.4M€3.4M€3.3M€3.3M€2.4M
Cash€573k€405k€99k€175k€369k
Liabilities€1.2M€1.3M€1.7M€2.1M€1.7M
Equity€2.2M€2.0M€1.5M€1.1M€711k

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

Jobs at TESEC

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Leadership

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