Egypt's Elsewedy Takes Over Indonesian Company Selling $60m Worth of Transformers a Year
Search This undated photo showed CG Power Systems Indonesia's manufacturing facility in Bogor, West Java. (Photo courtesy of CG Power Systems Indonesia) Egypt's Elsewedy Takes Over Indonesian Company Selling $60m Worth of Transformers a Year BY :JAKARTA GLOBE MAY 12, 2021 Jakarta. Elsewedy Electric, a multinational Egyptian electric company, has acquired a power transformer maker in Indonesia, marking the multinational company's entry into Southeast Asia's largest economy. Elsewedy Electric completed the purchase of 95 percent intere...
Source: jakartaglobe.id