Nov 17 (Reuters) - KONTROLMATIK TEKNOLOJI KONTR.IS :
* SAID ON THURSDAY HAS DECIDED TO ESTABLISH A MASS
PRODUCTION
FACILITY IN POLATLI/ANKARA TO PRODUCE HIGH VOLTAGE GAS INSULATED
SWITCHGEAR (GIS) UNDER THE BRAND NAME OF KONTROLMATIK
* THE INVESTMENT AMOUNT IS ESTIMATED TO BE AROUND $30
MILLION IN
TOTAL IN 2 PHASES
* SIGNS TECHNOLOGY TRANSFER AND LICENCE AGREEMENT WITH CHINT
ELECTRIC CO LTD FOR THE ENGINEERING AND PRODUCTION OF THE
PRODUCT AND THE INSTALLATION OF THE FACILITY WITHIN THE SCOPE OF
MASS PRODUCTION OF 245KV HIGH VOLTAGE GAS INSULATED SWITCHGEAR
PRODUCT TECHNOLOGY IN TURKEY
Source text for Eikon: urn:newsml:reuters.com:*:nIKA8WWmZl
Further company coverage: KONTR.IS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))