The aim of the study was to synthesize and characterize the selected in-situ composites from the Fe-Cr-Ni-Mo-C system, additionally strengthened by intermetallic compounds. The project of the alloys was supported by thermodynamic simulations using Calculation of Phase Diagram approach via Thermo-Calc. Selected alloys were synthesized in an arc furnace in a high purity argon atmosphere using a suction casting unit. The studies involved a range of experimental techniques to characterize the alloys in the as-cast state, including optical emission spectrometry, light microscopy, scanning electron microscopy, electron microprobe analysis, X-ray diffraction and microhardness tests. These experimental studies were compared with the Thermo-Calc data and high resolution dilatometry. The results of investigations presented in this paper showed that there is a possibility to introduce intermetallic compounds, such as χ and σ, through modification of the chemical composition of the alloy with respect to Ni eq and Cr eq . It was found that the place of intermetallic compounds precipitation strongly depends on matrix nature. Results presented in this paper may be successfully used to build a systematic knowledge about the group of alloys with a high volume fraction of complex carbides, and high physicochemical properties, additionally strengthened by intermetallic compounds.