# Hyosung Heavy Industries to sign power equipment supply deals worth 350 billion won in Europe

Hyosung Heavy Industries announced it will sign power equipment supply contracts worth 350 billion won (approximately $263.81 million) during the CIGRE Paris Session 2024. This includes a 330 billion won long-term supply contract with a Norwegian state-owned power company for ultra-high voltage transformers and a 22 billion won contract with an Icelandic state-owned power company for gas-insulated switchgear.

- Type: Contract
- Announced: 2024-08-26
- Where: Paris, France, France
- Value: $263.8M (350.0B KRW)
- Status: announced
- Products: ultra-high voltage transformers, gas-insulated switchgear
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hyosung Heavy Industries](https://endata.com/companies/5898.md)

## Sources

- [businesskorea.co.kr](https://www.businesskorea.co.kr/news/articleView.html?idxno=223689), 2024-08-26: "Hyosung Heavy Industries announced on August 26 that it will sign power equipment supply contracts worth 350 billion won during the 'CIGRE Paris Session 2024.'"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.