UAE, Dubai: The investment bank Arqaam Capital has announced that it successfully completed the private placement of Federal Transformers Company (FTC) and Federal Power Transformers (FPT), Abu Dhabi-based manufacturers of distribution and power transformers.
Russia, Moscow: The Federal Testing Centre (FTC) and Power Machines – Toshiba High Voltage Transformers have signed a cooperation agreement focusing on the development of a new transformer testing centre which should boost local electrical production and implementation of high-quality power equipment in the Russian power industry.
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