# 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.

- Type: Contract
- Announced: 2025-12-22
- Where: Spain, Spain
- Value: $45.0M (60.0B KRW)
- Status: announced
- Products: transformers, reactors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hyosung Heavy Industries](https://endata.com/companies/5898.md) (supplier)

## Sources

- [news2day.co.kr](https://news2day.co.kr/article/20251222500109), 2025-12-22: "스페인 주요 전력회사 및 에너지 기업과도 약 600억원 규모의 변압기 및 리액터 공급 계약을 맺었다."
- [asiae.co.kr](https://www.asiae.co.kr/en/article/2025122209450698883), 2025-12-22: "In Southern Europe, Hyosung Heavy Industries signed a contract worth about 60 billion KRW with Spanish power and energy companies to supply transformers and reactors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.