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ContourGlobal Bulgarian unit signs 1.1 mln euro power transformer purchase deal

Author Mario Tanev
ContourGlobal Bulgarian unit signs 1.1 mln euro power transformer purchase deal Photo: Hyundai Heavy Industries Co. Bulgaria / All rights reserved.

SOFIA (Bulgaria), December 13 (SeeNews) - ContourGlobal Maritsa East 3, which operates Bulgaria's thermal power plant (TPP) Maritsa Iztok 3, said that it has signed a 2.1 million levs ($1.2 million/1.1 million euro) deal to purchase a three phase power transformer from Hyundai Heavy Industries Co. Bulgaria.

The deal was signed on November 10, ContourGlobal Maritsa East 3 said in a notice.

The power plant operator did not provide further details.

Last month, South Korean electrical equipment maker Hyundai Electric said that it has decided to sell its unit Hyundai Heavy Industries Co. Bulgaria for $24.5 million. Hyundai Electric decided to go through with the asset sale in order to improve its financial structure, it said at the time.

(1 euro = 1.95583 levs)

 

 

 

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