Mitsubishi Electric Corporation

Another major reshuffle is taking place in the European transport supplier market: Mitsubishi Electric Corporation is to acquire 100% of Poland’s Medcom Sp. , which over recent decades has become one of Europe’s leading manufacturers of power electronics for transport applications. The Warsaw-based company is no stranger to the bus industry either, having supplied — and continuing to supply — drive systems and various power-electronics equipment for Solaris battery-electric and hydrogen buses, as well as Trollino trolleybuses, among others. Japan’s Mitsubishi Electric announced on 7 August that it intends to take full ownership of Medcom.

, which has reached an agreement to acquire the shareholding that is still externally owned. Subject to the necessary regulatory approvals, the deal is expected to close in the third quarter of 2026. The move is in fact the next stage in a partnership that has been built up over more than a decade. Mitsubishi Electric agreed in October 2015 to acquire a 49% stake in Medcom, with the purchase of the shareholding completed in 2016. The Japanese company has therefore been present in the Polish firm as a minority shareholder since then, and will now become its sole owner by acquiring the remaining 51% stake.

According to Medcom, however, the acquisition does not mean the end of the Polish company’s independent operations. The company will continue to operate as a separate legal entity, under the Medcom name and brand, retaining its current organisational structure and business model, while operational and strategic management will remain in the hands of the current management team. The company’s headquarters, manufacturing operations and key business functions will also remain in Warsaw. Indeed, the role of the Polish capital is set to increase significantly within Mitsubishi Electric’s global organisation.

Warsaw will become the Japanese group’s European competence centre for the research, development and production of energy-efficient power-electronics systems used in public transport and industrial applications. Medcom, meanwhile, will further expand its production capacity: in the coming months, construction is planned to begin on another manufacturing facility in Warsaw, which could also create new jobs. By taking full ownership, Mitsubishi Electric primarily expects to accelerate development and decision-making processes, make more efficient use of resources within the group, and further strengthen its European transport business.

In the future, the group also intends to use Medcom’s technologies beyond its transport activities, in other infrastructure fields. For the Polish company, Mitsubishi Electric’s global sales and manufacturing channels may also open up, including in the United States, where local assembly of systems developed in Warsaw may also be considered.