Siemens Energy and Končar form joint venture for transformer tanks

Siemens Energy and Končar d.d. signed a joint venture agreement to establish a transformer tank manufacturing facility at Končar's Sesvetski Kraljevec site. Končar will hold 60% and Siemens Energy 40% of the JVCo.

“Schoenherr advised Siemens Energy regarding a Joint Venture Agreement with Končar d.d. for the production of transformer tanks.”schoenherr.eu

• 2 sources
• schoenherr.euCroatia: Schoenherr advises Siemens Energy on joint venture with KončarJul 16, 2024
• newsroom.manda.comandaco M&A Newsroom | Strategische Kooperation im europäischen Energiesektor: CMS berät Siemens Energy bei Joint Venture mit kroatischer KONČARJul 22, 2024

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