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Siemens and Trafoindo form joint venture for power transformers in Indonesia · Endata

◂ Announcements

Oct 25, 2018ACQUISITIONTangerang, Jakarta, Indonesia

Siemens and Trafoindo form joint venture for power transformers in Indonesia

Siemens and PT. Trafoindo Prima Perkasa entered into a joint venture named PT. Trafoindo Power Indonesia to manufacture power transformers in Tangerang, Jakarta. Siemens holds 49% and Trafoindo 51%. Initial production is scheduled for 2019 with 200 jobs.

Jobs

200

Status

Announced

Capacity

200 units per year

Productsmedium power transformers

CompaniesSiemens partner PT. Trafoindo Prima Perkasa partner

Sectors#Electrical Equipment

“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

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

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