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Siemens job cuts to hit Dresden transformer factory

Jun 27, 2019
Siemens has informed workers about coming job losses in it’s Dresden transformer factory. It looks as up to 75 jobs could be cut from the Dresden site, out of a … read more »
Jun 27, 2019

GE: World’s biggest offshore wind turbine heading to the UK for testing

Jun 25, 2019
GE Renewable Energy has announced that the 107-metre long blade will be shipped to the UK as part of an advanced technology testing program that will focus on enhancing the … read more »
Jun 25, 2019

Siemens cuts jobs due to excess capacities in markets for transformers

Jun 19, 2019
Siemens has announced plans to reduce approximately 2,700 jobs worldwide over the course of several years in its Power and Gas business. Around 1,400 of these jobs are in Germany. … read more »
Jun 19, 2019

Megger acquires German Power Diagnostix

Jun 12, 2019
Global electrical test equipment expert Megger has acquired Power Diagnostix of Aachen, Germany, a leader in the development and manufacture of high voltage diagnostic equipment, and in the provision of … read more »
Jun 12, 2019

EU blocks merger between Thyssenkrupp and Tata steel

Jun 12, 2019
The EU has formally blocked the merger between Thyssenkrupp and Tata, in a move that had been anticipated by both companies. The EU’s antitrust authority prohibited the merger between the … read more »
Jun 12, 2019

ABB wins large converter transformer order from China’s State Grid

Jun 6, 2019
ABB has announced it has won a large order to supply converter transformers and high-voltage equipment for an 800 kilovolt (kV), ultrahigh-voltage direct current (UHVDC) transmission link, owned by the … read more »
Jun 6, 2019

India plans to invest $1.8 billion in to renewable energy transmission projects

May 31, 2019
India has shared details of large power transmission projects dedicated to renewable energy projects in the western parts of the country. The transmission projects are part of the Green Energy … read more »
May 31, 2019

Maschinenfabrik Reinhausen wins ees award

May 21, 2019
The GRIDCON® PCS 4W from Maschinenfabrik Reinhausen (MR) has been honoured as the “Swiss Army Knife of Inverters” at this year’s ees Awards in Munich The GRIDCON® PCS 4W was … read more »
May 21, 2019

Swedish oil manufacturer Nynas introduces arctic grade transformer oil

May 20, 2019
Swedish oil manufacturer Nynas has announced it has launched an Arctic grade transformer oil that “withstands the toughest of climate conditions”. According to Nynas, it complies with one of the … read more »
May 20, 2019

Thyssenkrupp expects joint venture with Tata Steel to fail

May 10, 2019
The planned steel merger with Tata is off the table, said several familiar with the plans of Reuters news agency on Friday. This is no longer expected. Instead, CEO Guido … read more »
May 10, 2019

Maschinenfabrik Reinhausen acquires two transformer components manufacturers in Italy

May 9, 2019
German company Maschinenfabrik Reinhausen GmbH (MR) has announced it has increased its 70% stake in CEDASPE, based in Giuliano Milanese (near Milano), to 100% with effect from January 1, 2019. … read more »
May 9, 2019

Klaus Patzak named CFO for the new Siemens Gas and Power Business

May 9, 2019
Klaus Patzak, currently Managing Partner of the Siemens Portfolio Companies, has been appointed Chief Financial Officer (CFO) of the new Siemens Gas and Power business (GP). In this role, Patzak … read more »
May 9, 2019