S.C. IOEL S.A.
 
History of S.C.IOELS.A.
 
        In 1991, under Government Decision no. 729 / 1991, was established S.C. Institutul de Optoelectronica S.A. as a joint stock company with Romanian private capital, in accordance with Law 31/1990.
 
        S.C. INSTITUTUL de OPTOELECTRONICA S.A. - IOEL - is a research organization whose main activity mentioned in the constitutive documents of the company, is the research and development in natural sciences and engineering, NACE code 7219.
 
        In 1999 the company Romenergo S.A. became the majority shareholder of IOEL. During this period IOEL conducted research, development and production activities in optoelectronics; IOEL activated through its products and services in Romanian and abroad.