Waves Singer to buy Heavy Industrial Complex
Feb 4, 2021
Household appliance company Waves Singer Pakistan has expressed interest in buying transformer manufacturers Heavy Electrical Complex. “The board of directors of Waves Singer Pakistan Limited (WSPL) has approved submission of … read more »
Feb 4, 2021
Siemens Energy to cut 7,800 jobs
Feb 2, 2021
Energy technology company Siemens Energy announced Tuesday that it plans to shed 7,800 jobs worldwide by 2025 as part of a drive to cut costs. The company currently has more … read more »
Feb 2, 2021
Liberty Steel updates offer for Thyssenkrupp steel division
Jan 29, 2021
Britain’s Liberty Steel, Europe’s fourth-largest steelmaker, has submitted an updated offer for German conglomerate Thyssenkrupp’s steel division. The move comes about three months after Liberty Steel, headed by metals tycoon … read more »
Jan 29, 2021
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Zest WEG marks growth after 40 years in Africa
Jan 26, 2021
Zest WEG has been able to build transformers using 90% local components due to developing a strong local manufacturing base during its 40 years in Africa. “Progress in skills development … read more »
Jan 26, 2021
Hitachi ABB provides Loc Ninh Solar Plant with 220 kV transformer
Jan 22, 2021
Hitachi ABB Power Grids has supplied and commissioned a 220-kilovolt power transformer to Toji Group for the 50MWp Solar Power Plant Loc Ninh 5 in Vietnam. The Loc Ninh series … read more »
Jan 22, 2021
OXYWELD – 40 YEARS OF OXYHYDROGEN GAS GENERATORS FOR BRAZING
Jan 19, 2021
OXYWELD with its OWELD brand is the first producer of oxy-hydrogen gas generators for copper, aluminium, brass, wires, flat wires, cables, CTC and busbars brazing. This eco-friendly-safe system replaces the … read more »
Jan 19, 2021
U.S. imposes new sanctions after Iran GOES sale
Jan 18, 2021
The United States’ State Department has imposed fresh sanctions on seven entities and two individuals over the transfer of grain-oriented eletrical steel (GOES) to Iran. Washington brought in the new … read more »
Jan 18, 2021
Son and Daughter take over Supervisory Board at ZIEHL-ABEGG
Jan 15, 2021
Transformer cooling fan manufacturer ZIEHL-ABEGG has made two changes to it’s Supervisory Board, with leader Uwe Ziehl passing more responsibility on to his children. Uwe Ziehl has handed over the … read more »
Jan 15, 2021
RESA Power acquires Western Utilities Transformer Service
Jan 14, 2021
RESA Power, LLC, a Texas-based power systems service firm, has announced the acquisition of Western Utilities Transformer Service, Inc. Based in Visalia, CA, Western Utilities Transformer Service provides testing, assembly, repair, … read more »
Jan 14, 2021
Former SGB-SMIT investor Kajo Neukirchen dies of Covid-19
Jan 7, 2021
The former SGB-SMIT investor and top manager Karl-Josef “Kajo” Neukirchen has died at the age of 78 as a result of a coronavirus disease. Neukirchen worked most recently in private equity as a … read more »
Jan 7, 2021
Megapolis acquires Elektrozavod
Dec 30, 2020
LLC Megapolis, a joint venture between Sistema and Sber has acquired transformer manufacturer Elektrozavod. Sistema PJSFC, a Russian public diversified holding company, announces that LLC Megapolis Invest, a joint venture … read more »
Dec 30, 2020
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