As part of a COVID-19 update, ABB has confirmed that it continues to work toward the delivery of transformation milestones, including the divestment of Power Grids which is targeted for completion at the end of the second quarter. “Although it is not yet possible to determine the exact impact of COVID-19 on ABB’s first quarter results, ABB expects […]

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Global liquidation specialists Maynards have undertaken the sale of the complete contents of VRT Power in Israel. The project will include logistics partners offering turnkey solutions to relocate and recommission equipment and test facilities. The sale creates a unique opportunity for manufacturers of power transformers – particularly in countries with fast-developing economies where demand is […]

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