Power machines — Toshiba. High-voltage transformers Ltd Reference

Power Machines — Toshiba. High-voltage transformers Ltd is a joint venture of Power Machines JSC and Toshiba Corporation. The project started in September 2011 with signing of a JV set up agreement and construction of power transformers manufacturing facility in Russia.  50.01% share of the JV’s capital is owned by Power Machines and 49.99% share belongs to Toshiba corporation. 110-750 kV power transformers and ATs of 25 MVA capacity including units in three-phase arrangement are the key product of the plant. The production capacity of the facility is more than 10 000 MVA annually. Headcount — about 350 staff members. The overall investment in the project amounted to 5.5 bln rubles.