# Hyundai Electric to invest 87.97 bln won in 500kV transformer smart factory

Hyundai Electric & Energy Systems plans to invest 87.97 billion won in a smart factory for 500kV transformers.

- Type: Investment
- Announced: 2018-02-05
- Where: South Korea
- Status: announced
- Products: 500kV transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hyundai Electric & Energy Systems](https://endata.com/companies/27685.md)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/hd-hyundai-electric-KRX:267260/news/brief-hyundai-electric-amp-energy-systems-to-invest-87-97-bln-won-on-500kv-transformer-smart-factory-019e6b44-9616-7830-a67e-5b9c09d1e050/), 2018-02-05: "Says it plans to invest 87.97 billion won on 500kv transformer smart factory"

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