# 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.

- Type: Acquisition
- Announced: 2018-10-25
- Where: Tangerang, Jakarta, Indonesia
- Jobs: 200
- Status: announced
- Capacity: approximately 200 units annually
- Products: medium power transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (partner)
- [PT. Trafoindo Prima Perkasa](https://endata.com/companies/35109.md) (partner)

## Sources

- [news.siemens.com](https://news.siemens.com/en-gb/siemens-joint-venture-with-trafoindo/), 2018-10-25: "Together with our valued partner Trafoindo, we are excited to enter into this dynamic market and supply our innovative transformer technologies to the country."

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