Launch of new transformer company

SGB-SMIT, the pure-play transformer specialist from Europe with the highest customer dedication“ and Power Matla, locally owned black empowered company with investments mainly within the renewable energy, ICT, mining and power utilities markets, are proud to announce...

ALTRON finalises disposal of Powertech Transformers

JSE-listed Allied Electronics Corporation Limited (Altron) today announced that it has finalised the disposal of its 80% interest in Powertech Transformers Proprietary Limited (Powertech Transformers) to a B-BBEE consortium comprising of Europe’s number one...