Podgorica, 24 June 2025 – CompanyXEnergy d.o.o. PodgoricaMemberXE The company became a co-owner of a Belgrade-based companyNavitas d.o.o. Belgrade, specializing in the integration, execution and consulting in the field of electric power engineering, primarily in the field of high and medium voltage. With this step, Navitas It's officially becoming a part of the XE Group, an increasingly important business partner for complex projects in the field of construction, energy and construction of cable cars and gondolas.
Navitas, founded in 2015 in Belgrade, is known for representing renowned global manufacturers such as Pfiffner, Astor, EAE, Ritz and others. The company is focused on the integration of transformer station construction projects, distribution of high-voltage, medium-voltage, protection and metering-regulation equipment, with a notable presence in the markets of Serbia and the region.
"Joining the squad XE This is an important strategic step forward for us. We are confident that joint capacities and knowledge will lead to a significant expansion of market share and offer of services, both in Serbia and beyond," Navitas announced.
On the other hand, the CEO XEnergy d.o.o., Slavoljub Popadić, said that with this partnership, they are strengthening their presence in Serbia and complementing the portfolio with solutions in the field of electric power and industrial automation.
Navitas It will continue to operate on the market under its own name and brand, but with new visual elements that will reflect its affiliation with the group. As announced, the current team will be retained, and the focus will be on the expansion of engineering and design capacities, as well as the introduction of advanced solutions in energy networks and renewable sources.
XE The group brings together several companies in the fields of energy, engineering, installation systems, construction and infrastructure, and through this acquisition, it further positions itself as a key partner for projects in the energy sector of the Western Balkans.
