#strategy


Nynas

A new Nynas takes shape

Sweden, Stockholm: Nynas is now taking strategic steps to strengthen its competitiveness in core markets.

ABB divestment deal suggests it will keep power unit

Swiss engineering group ABB has signalled that it may retain its power grids division under a new strategy to be unveiled next month — despite calls for a break-up of its businesses from an activist investor, about which Transformers Magazine has earlier reported.

India to start pilot project for specialised steel manufacturing

India: As part of the Make in India strategy, Inida’s National Democratic Alliance (NDA) government may shortly decide on setting up the country’s pilot research and development project for specialised electrical steel used for manufacturing transformers.