Arteche Success Story | BME Bolsas y Mercados Españoles

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Arteche, a global leader in equipment, components and solutions for the power sector, became in February this year the fifth company to move from BME Growth to the Main Market of the Spanish Stock Exchange, further advancing its growth, innovation and financing objectives. Through a direct listing that enabled it to begin trading immediately in Madrid, Barcelona, Bilbao and Valencia, Arteche also became the first company to join the stock exchange in 2026

+15,3% vs. 2024

2025 revenue of €508.4 million and net profit of €45.3 million (+93.4% vs. 2024)

share price appreciation of +470%

since its IPO on BME Growth in June 2021

presence in + than 175 countries

13 manufacturing facilities in 8 countries (Spain, Argentina, Australia, Brazil, China, Indonesia, Mexico and Turkey)

+ than 2,600 employees

About Arteche

Founded in 1946 in Mungia (Bizkaia), Arteche has evolved from a local manufacturer into a multinational group helping deliver electricity safely and efficiently to millions of people worldwide.

The company operates across three core business pillars:

Measurement & Monitoring – products focused on electrical energy measurement
Grid Automation – digitalization and automation of distribution networks
Grid Reliability & Power Quality – ensuring the efficiency and resilience of electrical infrastructure

Arteche has a global footprint across the entire electricity value chain — from generation to distribution — including the railway sector. In 2025, all business divisions and geographies contributed positively to revenue growth, which increased by 15.3% year-on-year, with particularly strong performance in Europe, the Middle East and Africa (EMEA), as well as Asia-Pacific.

More than half of Arteche’s revenue comes from products and services launched over the past decade. This reflects its commitment to delivering high-tech equipment and solutions to customers. The company operates seven R&D centers and plans to double its 2024 investment levels by 2026.

“A Natural Step”

According to CEO Alexander Artetxe Panera, the move to the Main Market represents “a natural step” in the company’s corporate development strategy and “the result of more than four years of hard work and the dedication of a team united by a shared vision.”

“When we joined BME Growth, as set out in our Strategic Plan, our goal was to keep growing, keep learning, and prepare the company to become a major listed player. We therefore approach this new stage with excitement, ambition and pride, as it positions us to continue growing and creating value,” he adds.

Over the past four years, the company has significantly strengthened its communication and visibility, enhanced internal processes, achieved a qualitative leap in corporate governance, and secured financing to support growth and new strategic initiatives.

The Rise of the Power Sector

Arteche operates in one of today’s most strategic sectors, critical both for traditional infrastructure and cutting-edge technology. Global energy demand is expected to double between 2020 and 2050, driven by the proliferation of connected devices and expanded access to electricity. This trend requires major advances in grid decarbonization, digitalization and decentralization.

“We see the future with great enthusiasm,” emphasizes Alex Artetxe. “This is an exciting time for the sector — a period of growth, investment and transformation. We approach this new phase with ambition and optimism. Our goal is to continue growing, honoring the trust our investors have placed in us, and consistently creating value.”

The Stock Exchange as a Platform for Transformation

Alex Artetxe views the stock market as a powerful opportunity for Spanish companies. He encourages them to leverage it.

To get listed on BME is an extraordinary tool for transformation and growth; to gain visibility; strengthen corporate governance; and, of course, enhance access to financing. When approached with a long-term mindset and a commitment to creating value for all stakeholders, the experience is highly positive.

Alexander Artetxe Panera, CEO

About Alexander Artetxe

Alexander Artetxe Panera, an electrical and electronics engineer with a strong background in process control and engineering systems, has served as Chief Executive Officer of Arteche since June 2003 and as Executive Chairman since June 2018. Prior to these roles, he held several key leadership positions within the company, including Head of the Americas and Corporate Development, Deputy Director, and Executive Director of Marketing. He represents the third generation of leadership in this family-owned company.

Under his leadership, Arteche has evolved into a globally recognised, technologically advanced, sustainable and highly innovative company. This report aims to highlight Artetxe’s achievements as a candidate for the Most Innovative Executive Award, focusing on his track record in international expansion, technological innovation, sustainability and the creation of innovation ecosystem.

Interview with Alexander Artetxe Panera, CEO of Arteche

Arteche CEO Alexander Artetxe shares how the company's move to the main market is a natural step in its growth strategy. After more than four years on BME Growth, gaining visibility, strengthening its governance and expanding access to capital, Arteche has made the leap to BME.

Listing on BME Exchange

With BME by your side, the journey from going public to thriving as a listed company becomes seamless. Learn more about listing on BME.

Arteche Success Story on BME