Dalekovod wins over EUR 300 million Sweden project: what it means for Dalekovod stock
Published on 10/05/2026 at 01:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Dalekovod (ISIN HRDLKVRA0006) was selected for a Swedish power-transmission project worth more than EUR 300 million on September 25, 2026, according to Bloomberg Adria. The contract gives Dalekovod a multi-year role in expanding Sweden's electricity network, while the stock's ZSE market capitalization stood at EUR 682.6 million on October 3, 2026.
Swedish project spans 94 kilometers
The project includes two parallel 400 kV transmission lines between the Mehedeby and Uppsala substations, covering a 94-kilometer route. Bloomberg Adria reported that the work also covers dismantling existing 220 kV lines and building a new 220 kV line.
Execution is planned from 2027 through 2031, giving the order a longer revenue and workload horizon than a single construction season. The project value exceeds 43.95 percent of Dalekovod's EUR 682.6 million market capitalization, using the reported contract threshold and the October 3, 2026 market value.
First-half figures show operating scale
Dalekovod Group generated EUR 143.7 million of revenue in the first six months of 2026, alongside EUR 17.9 million EBITDA and EUR 15.0 million net income, Bloomberg Adria reported on July 29, 2026. EBITDA represented 12.47 percent of first-half revenue, while net income represented 10.44 percent, calculated from the same reported period.
Those figures provide the operating backdrop for the Swedish award. Revenue of EUR 143.7 million in the first six months of 2026 was less than half of the new project's value threshold, highlighting the scale of the contract relative to the group's latest reported sales base.
Dalekovod's ZSE profile
The Zagreb Stock Exchange identifies the company as Dalekovod d.d., ticker DLKV, with ISIN HRDLKVRA0006 and a construction classification focused on utility projects for electricity and telecommunications. Its listed quantity is 41,247,193 shares, and it is included in the CROBEX, CROBEXtr, CROBEXplus and CROBEXkonstrukt indices, according to Zagreb Stock Exchange.
Contract value sets the market context
Dalekovod's Swedish selection combines a contract above EUR 300 million with a four-year implementation schedule and first-half net income of EUR 15.0 million. The combination makes execution, project timing and conversion of the award into recognized revenue the central company-specific variables for the stock.
Dalekovod stock facts
- Company: Dalekovod d.d.
- ISIN: HRDLKVRA0006
- Ticker: DLKV
- Primary exchange: Zagreb Stock Exchange
- Market capitalization: EUR 682.6 million (as of October 3, 2026)
- Sector / Industry: Construction and utility projects for electricity and telecommunications
- Index membership: CROBEX, CROBEXtr, CROBEXplus and CROBEXkonstrukt
