IEK Group IEC Group of Companies

Formed in 1999, the company competes with manufacturers of global brands. Products under the IEK trademark are produced at their own production enterprises in the Tula region, as well as at leading production sites in Europe and Asia. The geography of IEK equipment sales unites more than 20 countries. Branches and representative offices of IEK Group are located in Russia, countries of near and far abroad. The number of employees of the IEK group of companies is about 2000 people.

Trademark ITK

The ITK trademark is a project of the IEK Group of Companies. One of the manufacturers of the Russian electrotechnical market created this project to promote products to provide telecommunications solutions and provide domestic equipment to Russian consumers.

The strategic production base is located in Russia, in the Tula region. The equipment of the production complex produces telecommunication and climate cabinets that comply with European and Russian standards. Part of TM ITK products is produced under a contract at partner factories in Europe and Asia.

All ITK products meet Russian and international standards. Regardless of the place of production, it passes quality control in accordance with all requirements of international standards.

History

2025: Next stage of Legrand asset integration

IEK GROUP has begun the next stage of integration and development of assets acquired in 2023 from the LEGRAND group (Dakkor LLC, Contactor JSC, EBS LLC - hereinafter the Group). At this stage, it is planned to fully merge them with all the holding structures. IEK GROUP announced this on March 11, 2025.

The transition period, during which various business development hypotheses were worked out and the Group's strategy was developed, was successfully completed. The Board of Directors and management fulfilled all the tasks set by the shareholders. This stage ― the continuation of the implementation of the IEK GROUP strategy to unite both its own and acquired brands into one ecosystem, new competencies and directions, as well as successful experience in the development of production, digitalization, R&D, personnel and commercial policy, "said Yegor Prokhorov, Chairman of the Board of Directors of the Group.

In March 2025, the Board of Directors of the Group will complete its work, the CEO of the business unit was appointed [Gorbachev Mikhail Vitalievich 'Mikhail Gorbachev]], who holds the position of financial director of IEK GROUP.

The assets acquired by IEK GROUP from LEGRAND - Dakkor LLC, Contactor JSC, EBS LLC - complement our competencies in technologies and product solutions. At the initial stage of their integration into our structure, they continued to develop as an independent business. We would like to thank the Board of Directors for stabilizing the asset and its successful management in this transition period, ― said Mikhail Gorbachev.

As of March 2025, we are starting the next stage - the full integration of the Group's assets into the perimeter of our holding, the development of a unified commercial policy and the unification of business structures. This will allow, on the one hand, to significantly improve the indicators of the acquired business units due to synergy, and on the other, to offer the market even more complex solutions, "said Andrey Zabelin, CEO of IEK GROUP.

2024: Rental of 67.5 thousand m of warehouses

In July 2024, it became known that the largest warehouse lease transaction since the beginning of the year was closed in Russia: the electrical engineering company IEK Group rented 67.5 thousand square meters from the developer Parametr, created by the PIK group. m in the Kuvekino industrial park in the Desenovskoye settlement near Troitsk in new Moscow. The tenant will occupy the area, which will be commissioned in mid-2025 as part of the first stage of the project.

According to Vedomosti, representatives of IEK Group, Parametr, as well as NF Group, which acted as a consultant to the transaction, confirmed the information about the transaction. According to the commercial director of IEK Group Artem Maimor, the decision to lease additional space in Kuvekino was made due to the lack of capacity of the company's warehouse complex on Varshavskoye Shosse. He explains the choice of speech therapy by the "good throughput" of the complex, a feature of which is the presence of a cross-docking system for the through movement of goods.

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Фото: Specialized developer "ElitGrad"

The rental rate at Kuvekino, according to experts, can range from ₽9800 to ₽12 000 per 1 sq. m per year excluding operating costs and VAT. Thus, the annual expenses of IEK Group for the new warehouse will be at the level of ₽661,5 -810 million.

Consultants note that this transaction is the largest in 2024 with a speculative warehouse. Prior to this, the record in this segment, according to the NF Group, belonged to Wildberries "41,781 sq. m in the speech laboratory" Sofino "and the company" Nonton "" 40,000 sq. m in the center "M.video" in Chekhov. " In addition, the developer Parametr began to build the park without having agreements with any company, while usually speech therapy plants are built according to the build-to-suite scheme "in the presence of a specific tenant or buyer." 781 sq. m in the speech therapy park "Sofino" and the company "Nonton" "40,000 sq. m in the center" M.video "^[1]

2023

Buying the entire Legrand business in Russia

On October 12, 2023, it became known about the sale of the entire Russian business Legrand. The buyer of these assets was the Russian electrotechnical company IEK Group. Read more here.

Purchase of 2 Legrand plants in Russia

On July 11, 2023, it became known about the sale of Russian Legrand plants to the electrical engineering company IEK. The financial terms of the agreement were not disclosed. Read more here.

2017

The IEK Group of Companies implements a program of large-scale modernization of the production complex in order to double the volume of production. At the end of 2017, the volume of production reached 191.4 million products, which is 13.2% more compared to 2016. In rubles, this figure increased by 16%. In 2017, investments in development amounted to 440 million rubles, while 260 million were allocated for the modernization of the production complex, the money went to update the equipment of the workshops and research center of the Group of Companies, as well as to build office and warehouse complexes.

"The work carried out in 2017 was a logical continuation of the program of technical re-equipment of industrial equipment, infrastructure development and capacity expansion, launched back in 2016," explains Roman Ryndin, director of the IEK METALL-PLAST production complex.

The modernization of the production base to one degree or another affected all sites of the IEK Group of Companies. So, new machines were purchased for almost all workshops in Yasnogorsk. This allowed not only to increase production volumes, but also to expand the range of products.

In addition, the modernization of the production base made it possible to reduce the holding's costs by 4.5%. For example, the PIVATIC automatic penetration line, which replenished the Yasnogorsk site in 2017, saves raw materials in the production of metal cases by 11% and speeds up the process of processing parts. At the same time, the new line is as automated as possible: it almost completely excludes manual labor, thereby ensuring consistently high quality products. Investments in PIVATIC amounted to 60 million rubles.

Also in 2017, the plant managed to increase labor productivity - compared to 2016, production per person increased by 19% and amounted to 3.1 million rubles.

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