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

Končar and China XD Electric have signed an agreement to form a joint venture, KONČAR-XD High Voltage Switchgear, in Zagreb, Croatia. The $21.5 million investment will manufacture high-voltage equipment up to 550 kV for European markets.

“The production range of this $21.5 million investment will supplement the existing products of KONČAR – Switchgear, and it will be primarily intended for European markets.”transformer-magazine.com

• 1 source
• transformer-magazine.comKončar and China XD Electric form joint venture for high-voltage equipment – Transformer MagazineMarina Cizmesija WilliamsDec 17, 2018

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