Siemens and Trafoindo form power transformer joint venture in Indonesia

Siemens and PT. Trafoindo Prima Perkasa have agreed to form a joint venture named PT. Trafoindo Power Indonesia, with Trafoindo holding 51% and Siemens 49%. The facility in Tangerang, Jakarta, will create 200 jobs and start production in 2019 with an annual capacity of approximately 200 units.

“Together with our valued partner Trafoindo, we are excited to enter into this dynamic market and supply our innovative transformer technologies to the country.”news.siemens.com

• 1 source
• news.siemens.comSiemens joint venture with Trafoindo | SiemensOct 25, 2018

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