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#power transformers news

Schneider Electric to move transformer production to Poland

May 7, 2015

France, Paris: French group Schneider Electric plans to move production of its biggest-selling power transformers to Poland and cut as many as 170 domestic jobs, reports Reuters citing the French daily Les Echos.

ADB invests $1 billion into Azerbaijan power network

May 6, 2015

Azerbaijan, Baku: The Asian Development Bank (ADB) and Government of Azerbaijan have signed a Memorandum of Understanding for a $1 billion investment program to rehabilitate and expand the country’s power distribution network.

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