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Končar EI and China XD Electric form joint venture for high-voltage switchgear · Endata

◂ Announcements

Jun 12, 2018ACQUISITIONSesvetski Kraljevec, Zagreb, Croatia, Croatia

Končar EI and China XD Electric form joint venture for high-voltage switchgear

Končar Elektroindustrija and China XD Electric Co have signed a 50-50 joint venture agreement to produce high-voltage gas-insulated switchgear in Zagreb, Croatia. The investment is estimated at HRK 120 million, with first products expected in 2020.

Value

$19.0M (120.0M HRK)

Jobs

60

Status

Announced

Productshigh-voltage gas-insulated switchgear (GIS) 170-420 kV

CompaniesChina XD Electric partner Končar Elektroindustrija partner

Sectors#Electrical Equipment

“Novi asortiman bit će nadopuna postojećem Končarevom proizvodnom programu, a proizvodi su prvenstveno namijenjeni tržištu Europe.”poslovni.hr

1 source
poslovni.hrZajednički poduhvat Končara EI i kineske tvrtke - Poslovni dnevnikPoslovni.hr/HinaJun 12, 2018

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

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Dec 26, 2020CONTRACTBaihetan-Jiangsu (China), China$1.32B
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Dec 17, 2018PARTNERSHIPZagreb, Croatia, Croatia$21.5M
Končar and China XD Electric form joint venture for high-voltage switchgear
China XD Electric partner KONČAR partner transformer-magazine.com
Dec 7, 2018NEW FACILITYSesvetski Kraljevec, near Zagreb, Croatia$21.0M50 jobsops 2020
Končar and China XD Electric build high-voltage equipment plant near Zagreb
KONČAR China XD Electric partner vijesti.hrt.hr

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