# Koncar EI and China XD Electric sign joint venture for high voltage switchgear

Koncar – Electrical Industry Inc. and China XD Electric Co signed a joint venture shareholders' agreement in Xi'an, China, to produce high voltage SF6 gas insulated switchgear (GIS) from 170 to 420 kV.

- Type: Partnership
- Announced: 2018-06-12
- Where: Zagreb, Croatia
- Value: $18.0M (120.0M HRK)
- Jobs: 60
- Status: announced
- Products: high voltage SF6 gas insulated switchgear (GIS)
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [China XD Electric](https://endata.com/companies/15369.md) (partner)
- [Koncar – Electrical Industry Inc.](https://endata.com/companies/32519.md) (partner)

## Sources

- [hina.hr](https://www.hina.hr/OTS/9819693), 2018-06-12: "The joint venture partners, with their head offices in Zagreb, will each have 50% ownership of 'KONČAR-XD High Voltage Switchgear'."
- [cseba.eu](https://www.cseba.eu/news/koncar-ei-and-china-xd-electric-co-sign-joint-venture-agreement/139/), 2018-06-12: "The joint venture partners, with their head offices in Zagreb, will each have 50% ownership of 'KONČAR-XD High Voltage Switchgear'."

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