Pauwels Transformers wins $80.4M transformer supply contract with Belgian utilities

Pauwels Transformers NV, a subsidiary of Electrical Industries, signed an optional contract worth $80.4 million to supply distribution transformers to four Belgian electricity distribution companies, with manufacturing at Saudi Transformers Company in Dammam.

“Saudi-based Electrical Industries' subsidiary, Pauwels Transformers NV, has signed an optional contract worth $80.4 million (SAR 302 million) to supply distribution transformers to four Belgian electricity distribution companies.”forbesmiddleeast.com

• 1 source
• forbesmiddleeast.comElectrical Industries' Belgian Unit Wins $80.4M Transformer Supply ContractMohamed Rashed Alkhalifa, Julian Nabil, Sana TahirSep 3, 2024

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