ExelGroup was founded in 1978, under the brand name EXEL O.E., aiming at the manufacturing of equipment, that is used in the production of irrigation steel pipes. Progressively, through consecutive repurchases and fusions, the company gained the know-how and purchased the required infrastructure, in order to develop the production of various metal products. The apogee of the continuous growth of ExelGroup, but also a strategic administration’s decision , was the extension of the activities in the sector of the Renewable Energy Sources, through an important investment in a ultramodern unit, which produces crystalline PV modules.