#SGB-SMIT


SGB-SMIT’s new partnership in Romania

SGB-SMIT’s new partnership in Romania

SGB-SMIT has announced it is opening a new production site for distribution transformers with its new partner, ELECTROALFA International S.R.L. in Botoșani, Romania.

Acquisition of Powertech Transformers concluded

South Africa, Johannesburg: Allied Electronics Corporation Limited (Altron) has finalised the disposal of its 80% interest in Powertech Transformers to a consortium comprising of SGB-SMIT and local-owned Power Matla Group.

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SGB-SMIT to bid for Romania’s Retrasib Sibiu

Germany, Regensburg: SGB-SMIT has recently signed an agreement with the Retrasib Sibiu main shareholders to buy a majority stake in the company in a future voluntary takeover bid.