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manufacturer of energy measurement and management operating since 1945 with a manufacturing capacity reaching 3 million meters. The group entered the wind energy sector through the strategic acquisition of a
Spanish wind turbine manufacturer MTorres Olvega Industrial and a joint venture agreement
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From 2002–2008, Ahmed Sadek
Elsewedy, took the lead in the family business. Following its establishment in the Egyptian market. The company’s capital increased reach 8 million USD and new machinery was added to increase capacity to approximately 3,000 tons of aluminum conductors and 3,000 tons of
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compounds and Master Batch. In 1996, Sedplast was established to improve effectiveness and efficiency throughout the processes and systems of the company. Sedplast specialized in PVC compounds including soft and rigid PVC, as well as White master batch, Black master batch, Color master batch, and
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From 1960–1995, the family changed the company from just trading in electrical equipment to being a distributor for the sole cable manufacturer in Egypt at that time (1960).During this period, it was focused on selling cables to the
Egyptian market, until the Elsewedy family established the first
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United Metals acquired
Special High Grade Zinc with a purity of 99.995% according to ASTM B6. Another company was established in 1998 to increase the capacities of serving cables accessories, Elsewedy SEDCO, for the production of cable joints and terminations in Egypt through collaboration with
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In 2004, the company began through a joint venture with an
Italian company called Italsmea. Since then, Italsmea Elsewedy was renamed Elsewedy SEDCO for Petroleum Services to supply electrical bulk materials and explosion-proof equipment for petroleum companies.
240:, and SGS) and was capable of exporting products to Algeria, Angola, Bahrain, Chad, Cyprus, India, Iraq, Ireland, Italy, Jordan, Kazakhstan, Kenya, KSA, Kuwait, Libya, Mauritius, Nigeria, Qatar, Romania, Russia, Rwanda, Spain and South Africa.
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markets, Elsewedy Cables set up an industrial facility for cables during 2005. In 2007, another factory was established for manufacturing transformers to cover Africa and the Middle East.
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at operating voltages of up to 220 kV in the Middle East and Africa. The
Egyptian company for Electrical Insulators was also fully acquired by Elsewedy Cables in 2008.
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2003 was the year where the company began to diversify its specialty to more than cables, a transformers industrial facility to manufacture 6,000 units yearly.
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private sector cable factory in Egypt (Arab Cables) in 1984. At that time, all other cable manufacturers in Egypt were solely owned by the
Egyptian government.
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In 2010, Elsewedy Cables renamed itself
Elsewedy Electric, to reflect the recent diversification of its portfolio of energy products and services.
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ports. It was specialized in the manufacturing of: low, medium &high voltage power cables, control cables, and over head transmission lines.
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telephone cables for home and business premises, and complex instrumentation cables needed to monitor natural resources. To complete the
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In 1997, the company established an industrial facility to meet tailored customer requirements, including domestic appliance cords,
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and rolled copper rod plant has been brought up in 1998 to have the largest plant through the Middle East and North Africa.
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Currently, Elsewedy
Electric is listed as number 4 in Forbes' Top 50 Listed Companies in Egypt 2023.
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The company manufactures and sells integrated energy products and services in seven energy segments:
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To improve quality control ever the end product of the cables, the company established a factory of
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was established between
Elsewedy Cables and Elastimold, a unit of the cables accessories company
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is an Egyptian multinational electrical company. It was founded in 1938 by the Elsewedy family.
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generation, energy measurement and management, engineering, procurement and contracting.
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In 1938, Elsewedy family started their business as a trader in electrical equipment.
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and Egypt. Elsewedy Transformers Egypt is one of the few factory that manufactures
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manufacturing for export, Egytech. Egytech was awarded quality standards such as (
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Since 2008, five additional cables facilities have been established in
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generation. Elsewedy Cables acquired Iskraemeco in June 2008 a
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region for medium and high voltage joints and terminations.
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and accessories, electrical products, telecommunications,
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In 1996, a second factory was built specializing in
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444:"MTorres Olvega Industrial (MTOI) company profile"
354:with the German windmill tower manufacturer Siag.
274:. It was established to cover the markets in the
341:The company has also entered two new segments;
412:"Elsewedy Electric Approvals and certificates"
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486:ELSEWEDY ELECTRIC 1Q 2020 Earnings Release
197:The company was located in one of Egypt's
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532:Companies listed on the Egyptian Exchange
16:Egyptian multinational electrical company
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281:In collaboration with Southwire, USA a
527:Egyptian companies established in 1938
459:"Egypt's Top 50 Listed Companies 2023"
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414:. Elsewedy Electric. Archived from
386:. Elsewedy Electric. Archived from
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109:Ahmed Elsewedy (President and CEO)
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542:Conglomerate companies of Egypt
522:Engineering companies of Egypt
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343:electrical energy measurement
209:linking it to Egypt's major
165:Elsewedy Electric Co S.A.E.
20:Elsewedy Electric Co S.A.E.
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46:Société Anonyme Égyptienne
289:international companies.
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157:www.elsewedyelectric.com
73:Energy Solution Provider
537:Companies in the EGX 30
491:Sustainability Overview
248:Additive master batch.
201:, 60 km east of
381:"Annual Report 2023"
345:and management, and
264:vertical integration
293:copper conductors.
141:Number of employees
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336:power transformers
272:Thomas & Betts
172:Electrical cables
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199:industrial zones
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132:238 million USD
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117:4.8 Billion USD
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25:السويدى اليكتريك
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466:. Retrieved
463:Forbes Lists
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430:"Iskraemeco"
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416:the original
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395:. Retrieved
388:the original
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316:Saudi Arabia
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176:transformers
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89:Cairo, Egypt
86:Headquarters
42:Company type
347:wind energy
222:power cable
207:expressways
180:wind energy
95:Area served
516:Categories
468:2023-06-18
397:2023-06-04
364:References
253:Category 7
127:Net income
105:Key people
351:Slovenian
99:Worldwide
54:Traded as
320:Ethiopia
258:cables;
256:ethernet
70:Industry
312:Algeria
215:Red Sea
186:History
153:Website
145:18,000
114:Revenue
78:Founded
332:Zambia
326:, and
305:Levant
236:, CE,
147:(2020)
134:(2019)
119:(2023)
391:(PDF)
384:(PDF)
328:Qatar
324:Yemen
234:BASEC
205:with
203:Cairo
276:MENA
266:, a
230:KEMA
213:and
81:1938
64:SWDY
245:PVC
238:VDE
226:ISO
60:EGX
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