KONČAR and Siemens Energy form joint venture for transformer tanks

KONČAR and Siemens Energy signed a joint venture agreement on July 12, 2024, to form KONČAR – Transformer Tanks, which will manufacture transformer tanks at KONČAR's site in Sesvetski Kraljevec. KONČAR will hold a 60% stake and Siemens Energy 40%.

“Today's signing of the Agreement represents the beginning of a new joint venture that will bring many benefits not only for the KONČAR Group and Siemens Energy, but also for our country as a whole.”koncar.hr

• 2 sources
• koncar.hrKONČAR and Siemens Energy strengthen ties and launch new Joint Venture | KONČARJul 12, 2024
• en.lider.mediaJoint Investment of Končar and Siemens Energy in Transformer Boiler Production – Lider MediaLucija ObajdinJul 12, 2024

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