Koncar D&ST d d : KONČAR D&ST D.D. AQUIRES THE CONTROLLING INTEREST IN THE COMPANY POWER ENGINEERING TRANSFORMATORY Sp. z o.o., CZERWONAK, POZNAN, POLAND
May 08, 2017 at 08:42 am EDT
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KONČAR D&ST D.D. AQUIRES THE CONTROLLING INTEREST IN THE COMPANY POWER ENGINEERING TRANSFORMATORY Sp. z o.o., CZERWONAK, POZNAN, POLAND
8. 5. 2017Zagreb/Czerwonak, May 8, 2017. The company Končar D & ST signed a contract to acquire majority ownership (74% share) of the company Power Engineering Transformatory Sp. z o.o. (PET) from Czerwonak, Poznan, Poland.
The main activity of the Polish company PET is design, production, marketing and maintenance of medium power transformers up to 63 MVA and with a voltage of up to 145 kV. The company has approximately 60 employees and manufactures and sells transformers exclusively on the Polish market.With the conclusion of this contract KONČAR - D&ST acquires 74 % of the shares and the investment will be intended for the procurement of new equipment, the restructuring and modernization of the facility and human resources. Končar D & ST shall also, along with the financial part, invest their know-how and thus assist in the further development and creation of a modern and competitive medium power transformers factory in Poland with the expected return of investment through the medium-term period.
Koncar - distributivni i specijalni transformatori dd published this content on 08 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 May 2017 12:42:21 UTC.
Original documenthttp://www.koncar-dst.hr/Home.aspx?PageName=Novosti&year=2017&yearActive=yes&month=05&newsId=35
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Koncar Distributivni i Specijalni Transformatori dd is a Croatia-based company active in the electrical sector. It produces and distributes medium power and special transformers up to 100 megavolt ampere (MVA) and 170 kilovolt (kV). The Company's product range includes oil immersed distribution transformers, dry type distribution transformers, medium power transformers and special transformers, such as rectifier and converter transformers, locomotive transformers, transformers for ironworks, earthing transformers, reactors, traction transformers for fixed installations and rolling stocks, furnace transformers, autotransformers and reactors for different applications, among others. The Company sells its products domestically and abroad: in European countries, such as Sweden, Germany, France, United Kingdom, Poland, Russia, Estonia, Spain, Albania, Slovenia, among others, Gulf Countries, Near East, Africa and America.
Koncar D&ST d d : KONČAR D&ST D.D. AQUIRES THE CONTROLLING INTEREST IN THE COMPANY POWER ENGINEERING TRANSFORMATORY Sp. z o.o., CZERWONAK, POZNAN, POLAND