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SAB Technologies completes HUF 655m expansion

Austrian-owned SAB Technologies has completed a HUF 655m expansion of transformer production capacity at its base in Vép (E Hungary), representatives of owner Anlagen Invest Holding (AIH) said at a press conference on Thursday.

The expansion gives the company capacity to make big, 60- to 80-ton transformers, mainly for wind turbines.

A grant covered 30% of the cost of the investment.