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Dongfang Electric Corporation's board approved the absorption merger of Dongfang Electric Machinery Co., Ltd. with Deyang Dongfang Electric Machinery Factory Co., Ltd., and Dongfang Steam Turbine Co., Ltd. with Dongqi Investment Development Co., Ltd.
Turboatom signed a cooperation agreement with Dongfang Electric Machinery for joint manufacturing of power equipment for thermal, hydro, nuclear and power plants, valued at 1.68 million UAH.