Our Mission

We are company dedicated to developing innovative products and innovative production processes that will better the lives of the people.

We have created our new brand of pellet stoves Faizen to help the world join the ecological, economical and more efficient way of heating by using our pellet stoves, thus reducing the carbon footprint, the heating costs as well as making the most of the energy.

The company's history begins in 1948 as Rade Končar -Zagreb, the biggest company in the field of electrical industry in former Yugoslavia. The company went through privatization and transformation until 2006, when it reached it's final form as “Rade Končar-TEP”. Today we are committed to being recognized as a company offering high-quality products and services while building long-term business collaborations.

We are constantly working on research and development of new products, innovations in the production process and in the procedures of creation of quality product solutions.

We offer complete solutions for production and distribution of electrical energy as well as tailor made solutions for the client’s needs.

We started with the production of pellet stoves, as they burn cleaner, are more efficient, and are powerful enough to heat modern homes.

Our stoves come in many different design styles and colors, so you can choose one that fits in with your home decor.

We have created three series of pellet stoves, such as: Air, Water and Air&Water. Our pellet stoves can cover the entire residential heat and hot water needs of your home, and are easily integrated into existing heating systems.

Warm Home, Warm Heart
Our Specialties


  • ISO 9001 2015 
  • ISO 14001 2015
  • BS OHSAS 18001:2007
Target Audience


  • A+
  • A++
  • Test Reports
Notable Awards

Notable Awards

Get In Touch

If you are interested in working with us then please drop us a line, we would love to hear from you.


+389 2 2402 481

III Makedonska brigada 52, 1000 Skopje, North Macedonia

If you are interested in working with us then please drop us a line, we would love to hear from you.


+49(0)521 96759307

Falk Straße 9, 33602 Bielefeld, Germany