Ganz signs agreement with Maschinenfabrik Reinhausen

Deals

Hungary's Ganz Transformers has signed an agreement with Germany's Maschinenfabrik Reinhausen on the development and production of intelligent transformers, according to piacesprofit.hu.

Under the partnership, Maschinenfabrik Reinhausen will supply Ganz Transformers with an automatization and digitalization solution that monitors the condition and operation of transformers, improving reliability and extending lifespan.

The Hungarian firm noted growing demand for transformer sensors, while the German partner pointed to the use of intelligent transformers not only for critical nodes but as a part of future power networks.

According to public records, Ganz Transformers had a net sales revenue of EUR 22.7 million last year; exports accounted for about half of the turnover.

Bamosz Investment Fund Value Reaches HUF 15.793 tln in May Figures

Bamosz Investment Fund Value Reaches HUF 15.793 tln in May

Karácsony Still Winner of Budapest Mayoral Election After Re... Elections

Karácsony Still Winner of Budapest Mayoral Election After Re...

Hungary Wants EU to Smooth Electromobility Transition Transport

Hungary Wants EU to Smooth Electromobility Transition

Summer Camp Prices Have Increased 10-15% Tourism

Summer Camp Prices Have Increased 10-15%

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.