Koncar D&ST to acquire 74% stake in Power Engineering Transformatory for HRK 22.3M

Koncar - Distribution and Special Transformers Inc. signed a contract to acquire a 74% stake in POWER ENGINEERING TRANSFORMATORY Sp. z o.o. from Power Engineering S A for HRK 22.3 million. The amount will be used for purchasing new equipment and modernizing the plant.

“Koncar - Distribution and Special Transformers Inc. signed a contract to acquire 74% stake in POWER ENGINEERING TRANSFORMATORY Sp. z o.o. from Power Engineering S A for HRK 22.3 million.”marketscreener.com

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• marketscreener.comKoncar - Distribution and Special Transformers Inc. (ZGSE:KODT-R-A) signed a contract to acquire 74% stake in POWER ENGINEERING TRANSFORMATORY Sp. z o.o. from Power Engineering S A for HRK 22.3 million.MarketScreenerMay 7, 2017

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