Working Meeting With the Management of Power Machines — Toshiba. High-voltage Transformers

On 9 October 2019, Head of OEM Sales at Izolyator Maxim Zagrebin had a working meeting with the management of Power Machines — Toshiba. High-voltage Transformers in Saint-Petersburg.

Power Machines — Toshiba. High-voltage Transformers (PMTT) is a joint venture of Power Machines 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 PMTT is more than 10 000 MVA annually. Headcount — about 350 staff members. The overall investment in the project amounted to 5.5 bln rubles.

The Plant is located in Saint-Petersburg.

Andrey Pishchikov, General Director and Sergey Suvorin Head of Procurement met the visitor.

Participants of the working meeting at Power Machines — Toshiba. High-voltage Transformers (PMTT) in Saint-Petersburg, L-R: Maxim Zagrebin, Andrey Pishchikov, General Director at PMTT and Sergey Suvorin Head of Procurement at PMTT

The parties discussed issues of coordination during the joint projects realization and clarified on the work schedule.

The partners gave a high opinion of the achieved results, the dynamics of business growth and cooperation prospects of the two companies.