◂ Announcements

Nov 24, 2021ACQUISITIONKharkiv, Ukraine

Turboatom and Elektrovazhmash to merge into single company

Ukrainian Power Machines (formerly Turboatom) and Elektrovazhmash will merge and operate as a single enterprise starting December 2021.

Status

Announced

Productspower generation equipment

CompaniesUkrainian Power Machines Elektrovazhmash target

Sectors#Power Generation Equipment

“The two Kharkiv industrial giants, Ukrainian Power Machines (formerly “Turboatom”) and Elektrovazhmash, will merge and work as a single enterprise”ubn.news

1 source
ubn.newsTurboatom and Elektrovazhmash will work as a single company - UBNAndrew PrymaNov 24, 2021

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

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