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Thyssenkrupp to restructure steel unit

Dec 6, 2019
Thyssenkrupp has planned to transform its steel manufacturing arm business into its biggest profit engine, in a move which could see cuts to its electrical steel manufacturing arm. The move, … read more »
Dec 6, 2019

Global increase of power transformer orders

Dec 4, 2019
Global order intakes for electrical power transformers (all sizes) increased for the 3rd quarter 2019, compared to the same quarter of last year (Q3 2018). According to real-time business intelligence … read more »
Dec 4, 2019

Expansion of MR management team to include Holger Michalka

Dec 3, 2019
Holger Michalka has been appointed to the management team of Maschinenfabrik Reinhausen GmbH (MR). Effective April 1, 2020, Michalka succeeds Michael Rohde, who will retire at the end of 2019. … read more »
Dec 3, 2019

GE names Carolina Dybeck Happe as new CFO

Nov 26, 2019
GE has announced that Carolina Dybeck Happe, Chief Financial Officer and Executive Vice President of A.P. Moller-Maersk, has been named Senior Vice President and Chief Financial Officer of GE, effective … read more »
Nov 26, 2019

Explore Vaisala Power Instruments and Services Offering – free eBook

Power transformers are critical components. With online monitoring they can be kept operating safely and efficiently. The monitoring data supports the timely maintenance actions that can extend operational lifetime. Read … read more »
Nov 15, 2019

ABB to divest two Shanghai-based joint ventures

Nov 4, 2019
ABB has signed a binding agreement to divest all ABB shares in Shanghai ABB Breakers Co., Ltd. and Shanghai ABB Guangdian Electric Co., Ltd. to Shanghai Guangdian Electric Group (SGEG), … read more »
Nov 4, 2019

ABB wins one of its biggest ever offshore connection contracts

Oct 30, 2019
ABB has announced it has been selected by energy companies SSE Renewables of the UK and Equinor of Norway to supply its high-voltage direct current (HVDC) Light® converter systems to … read more »
Oct 30, 2019

Trafo reports rise in dry-type transformer contracts

Oct 30, 2019
South African transformer manufacturer Trafo Power Solutions has reported a rise in the number of dry-type transformers contracts it receives. “In recent months, we have been involved in projects with … read more »
Oct 30, 2019

Siemens announces new management team for Siemens Energy

Oct 29, 2019
Siemens Energy presented its new management team to its employees today. Beatrix Natter has been confirmed as EVP transmission. In addition to an Executive Board, the company will have an … read more »
Oct 29, 2019

Free Webinar November 5: Online DGA-Monitoring – Vaisala’s solution

Oct 28, 2019
In this free of charge webinar, we’ll review some of the basics of dissolved gas analysis in power transformers. We’ll focus on Vaisala’s solution and introduce the Vaisala DGA Monitor … read more »
Oct 28, 2019

Maschinenfabrik Reinhausen and Grasim to form joint venture in India

Oct 25, 2019
Grasim Industries Limited has signed a definitive agreement to form a Joint Venture Company in India with Germany’s Maschinenfabrik Reinhausen GmbH. The Joint Venture will focus on the manufacturing and … read more »
Oct 25, 2019

RDIF and Schneider Electric to invest in Electroshield Samara

Oct 23, 2019
The Russian Direct Investment Fund (RDIF) and France’s Schneider Electric have agreed to establish a joint venture aimed at investment in one of Russia’s leading electrical equipment manufacturers, Electroshield Samara. … read more »
Oct 23, 2019