Eleport enters Croatian, Slovenian EV chargers market

Estonian firm Eleport has acquired TurboVolt, entering the electric vehicle chargers markets of Croatia and Slovenia.

Eleport announced its expansion into Croatia and Slovenia through the strategic acquisition of Austria-based TurboVolt GmbH. The target company was established in 2022. It operates in Austria, Croatia, the Czech Republic, Hungary, Romania, Serbia, Slovenia and Slovakia, according to its website.

TurboVolt has secured agreements for a total of 300 EV chargers across the region, according to its partner Kempower.

Eleport said it is the largest EV charging operator in the Baltics – Estonia, Letonia and Lithuania – and the fourth largest in Poland, with a total of 800 EV chargers. With the new transaction, it will cover six countries, it added.

The first EV chargers will be installed in Zadar, Zagreb, and Ljubljana

The first phase of Eleport’s expansion includes the launch of 17 high-powered EV charging hubs at shopping centers Supernova and SES in Croatia and Slovenia. Each hub will feature up to 12 user-friendly, high-speed chargers, delivering up to 300 kW of power per socket, it claimed.

The first hubs will be set up in Zadar and Zagreb in Croatia and in Ljubljana in Slovenia, Eleport said.

The acquisition is another pivotal step in Eleport’s long-term plan of becoming the leading EV charging network in Central and Eastern Europe, according to CEO Jakub Miler.

“TurboVolt’s strategy and goals align perfectly with ours, and I am excited to work with their team to accelerate the deployment of a reliable, fast-charging infrastructure that meets our customers’ expectations,” he added.

Hinde: CEE markets urgently need solutions for EV chargers

Anthony Hinde, CEO of TurboVolt, said that joining forces with Eleport aligns perfectly with his company’s vision of expanding access to sustainable transportation solutions. “Together, we will provide market-leading solutions for high-speed charging in CEE markets which urgently need solutions,” Hinde stressed.

Eleport vowed to run all the chargers across its network in the six countries exclusively on 100% renewable energy. The company declared it a dedication to a greener, more sustainable future.

Established in 2016, Eleport is backed by Gren – part of infrastructure fund Partners Group, Estonian mobility company Bolt, and Ambient Sound Investments. The company said it plans to invest EUR 100 million in a charging network across the CEE region within a few years.