Elsewedy Electric Co S.A.E. is an Egyptian multinational electrical company. It was founded in 1938 by the Elsewedy family. The company manufactures and sells integrated energy products and services in seven energy segments:

Electrical cable Electricity is the set of physical phenomena associated with the presence and motion of matter possessing an electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwel ...

s and accessories, electrical products, telecommunications,

transformer In electrical engineering, a transformer is a passive component that transfers electrical energy from one electrical circuit to another circuit, or multiple Electrical network, circuits. A varying current in any coil of the transformer produces ...

wind energy Wind power is the use of wind energy to generate useful work. Historically, wind power was used by sails, windmills and windpumps, but today it is mostly used to generate electricity. This article deals only with wind power for electricity ...

generation, energy measurement and management, engineering, procurement and contracting.

History

In 1938, Elsewedy family started their business as a trader in electrical equipment. 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 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. The company was located in one of Egypt's industrial zones, 60 km east of

Cairo Cairo ( ; , ) is the Capital city, capital and largest city of Egypt and the Cairo Governorate, being home to more than 10 million people. It is also part of the List of urban agglomerations in Africa, largest urban agglomeration in Africa, L ...

with expressways linking it to Egypt's major

Mediterranean The Mediterranean Sea ( ) is a sea connected to the Atlantic Ocean, surrounded by the Mediterranean basin and almost completely enclosed by land: on the east by the Levant in West Asia, on the north by Anatolia in West Asia and Southern ...

and

Red Sea The Red Sea is a sea inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in the south, through the Bab-el-Mandeb Strait and the Gulf of Aden. To its north lie the Sinai Peninsula, the Gulf of Aqaba, and th ...

ports. It was specialized in the manufacturing of: low, medium &high voltage power cables, control cables, and over head transmission lines. In 1996, a second factory was built specializing in

power cable A power cable is an electrical cable used specifically for transmission of electric energy, electrical power. It is an assembly of one or more electrical conductors, usually held together in a single bundle with an insulator (electricity), insu ...

manufacturing for export, Egytech. Egytech was awarded quality standards such as (

ISO The International Organization for Standardization (ISO ; ; ) is an independent, non-governmental, international standard development organization composed of representatives from the national standards organizations of member countries. Me ...

KEMA Kema or KEMA may refer to: * KEMA, an energy consultancy company * Kema (river), a river in Russia * Kema District, a district in North Sulawesi, Indonesia * Kema Chikwe, Nigerian politician * Kema Jack (born 1982), footballer from Papua New Guinea ...

, BASEC, CE, VDE, 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. To improve quality control ever the end product of the cables, the company established a factory of

PVC Polyvinyl chloride (alternatively: poly(vinyl chloride), colloquial: vinyl or polyvinyl; abbreviated: PVC) is the world's third-most widely produced synthetic polymer of plastic (after polyethylene and polypropylene). About 40 million tons o ...

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 Additive master batch. In 1997, the company established an industrial facility to meet tailored customer requirements, including domestic appliance cords, Category 7

ethernet Ethernet ( ) is a family of wired computer networking technologies commonly used in local area networks (LAN), metropolitan area networks (MAN) and wide area networks (WAN). It was commercially introduced in 1980 and first standardized in 198 ...

cables;

twisted pair Twisted pair cabling is a type of communications cable in which two conductors of a single circuit are twisted together for the purposes of improving electromagnetic compatibility. Compared to a single conductor or an untwisted balanced ...

telephone cables for home and business premises, and complex instrumentation cables needed to monitor natural resources. To complete the

vertical integration In microeconomics, management and international political economy, vertical integration, also referred to as vertical consolidation, is an arrangement in which the supply chain of a company is integrated and owned by that company. Usually each ...

, a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

was established between Elsewedy Cables and Elastimold, a unit of the cables accessories company Thomas & Betts. It was established to cover the markets in the

MENA The Middle East and North Africa (MENA), also referred to as West Asia and North Africa (WANA) or South West Asia and North Africa (SWANA), is a geographic region which comprises the Middle East (also called West Asia) and North Africa together ...

region for medium and high voltage joints and terminations. In collaboration with Southwire, USA a continuous cast and rolled copper rod plant has been brought up in 1998 to have the largest plant through the Middle East and North Africa. 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 international companies. 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 copper conductors. 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. 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. To serve the

Levant The Levant ( ) is the subregion that borders the Eastern Mediterranean, Eastern Mediterranean sea to the west, and forms the core of West Asia and the political term, Middle East, ''Middle East''. In its narrowest sense, which is in use toda ...

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. Since 2008, five additional cables facilities have been established in

Algeria Algeria, officially the People's Democratic Republic of Algeria, is a country in the Maghreb region of North Africa. It is bordered to Algeria–Tunisia border, the northeast by Tunisia; to Algeria–Libya border, the east by Libya; to Alger ...

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...

Ethiopia Ethiopia, officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east, Ken ...

Yemen Yemen, officially the Republic of Yemen, is a country in West Asia. Located in South Arabia, southern Arabia, it borders Saudi Arabia to Saudi Arabia–Yemen border, the north, Oman to Oman–Yemen border, the northeast, the south-eastern part ...

, and

Qatar Qatar, officially the State of Qatar, is a country in West Asia. It occupies the Geography of Qatar, Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it shares Qatar–Saudi Arabia border, its sole land b ...

. Two transformer manufacturing facilities have also been established in

Zambia Zambia, officially the Republic of Zambia, is a landlocked country at the crossroads of Central Africa, Central, Southern Africa, Southern and East Africa. It is typically referred to being in South-Central Africa or Southern Africa. It is bor ...

and Egypt. Elsewedy Transformers Egypt is one of the few factory that manufactures

power transformer Power may refer to: Common meanings * Power (physics), meaning "rate of doing work" ** Engine power, the power put out by an engine ** Electric power, a type of energy * Power (social and political), the ability to influence people or events Ma ...

s 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. The company has also entered two new segments; electrical energy measurement and management, and

generation. Elsewedy Cables acquired Iskraemeco in June 2008 a

Slovenia Slovenia, officially the Republic of Slovenia, is a country in Central Europe. It borders Italy to the west, Austria to the north, Hungary to the northeast, Croatia to the south and southeast, and a short (46.6 km) coastline within the Adriati ...

n 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 with the German windmill tower manufacturer Siag. In 2010, Elsewedy Cables renamed itself Elsewedy Electric, to reflect the recent diversification of its portfolio of energy products and services. Currently, Elsewedy Electric is listed as number 4 in Forbes' Top 50 Listed Companies in Egypt 2023. In October 2024, the Iraq Development Fund announced that it had signed a memorandum of understanding with Elsewedy Electric in order to establish an investment fund for the purpose of investing in strategic projects and lessen reliance on oil.

References

External links

ELSEWEDY ELECTRIC 1Q 2020 Earnings ReleaseSustainability Overview
{{Portal, Companies Engineering companies of Egypt Egyptian companies established in 1938 Companies listed on the Egyptian Exchange Companies in the EGX 30 Conglomerate companies of Egypt Cairo Governorate