# 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.

- Type: Acquisition
- Announced: 2018-10-25
- Where: Tangerang, Jakarta, Indonesia
- Jobs: 200
- Status: announced
- Capacity: 200 units per year
- 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-us/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.