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Hyosung Heavy Industries wins 60 billion KRW transformer contract in Spain · Endata

◂ Announcements

Dec 22, 2025CONTRACTSpain, Spain

Hyosung Heavy Industries wins 60 billion KRW transformer contract in Spain

Hyosung Heavy Industries signed a contract worth about 60 billion KRW with Spanish power and energy companies to supply transformers and reactors, marking its first entry into the Spanish market.

Value

$45.0M (60.0B KRW)

Status

Announced

Productstransformersreactors

CompaniesHyosung Heavy Industries supplier

Sectors#Electrical Equipment

“스페인 주요 전력회사 및 에너지 기업과도 약 600억원 규모의 변압기 및 리액터 공급 계약을 맺었다.”news2day.co.kr

2 sources
news2day.co.kr효성중공업, 전력기기 수주 영토 유럽 전방위로 확대Dec 22, 2025
asiae.co.krHyosung Heavy Industries Secures 230 Billion KRW Orders in Europe... Expands Ultra-High-Voltage Transformer Market - The Asia Business DailyOh JieunDec 22, 2025

Summarized from public sources; check the original articles before acting on it.

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Jul 3, 2026CONTRACTVictoria, Australia
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Mar 12, 2026EXPANSIONMemphis, Tennessee, United States$32.5M
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