Prime Batteries Technology started battery production in 2016 in Cernica (Ilfov), with one of the key moments in the company’s evolution being EIT InnoEnergy’s becoming a stakeholder, in 2022.
T2Y, a German investment fund, has recently joined its shareholding structure.
Prime Batteries ended 2024 with RON276 million turnover, up 24%, and RON51 million net profit, 20% higher. The company’s founders, Adrian Polec and Vicentiu Ciovanu, Prime’s CEO, control the company.
At the end of 2025, Prime Batteries, the sole battery maker locally and one of the few active at European level, forged a joint venture with South Korea’s Top Material to produce active material for batteries. The unit is located in South Korea and is a first for local entrepreneurship.
(English version by Catalina Apostoiu)