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Kolektor Etra has signed the largest contract in the history of factory

Kolektor Etra has signed the largest contract in the history of factory
August 21, 2019 Kolektor ETRA

August 13rd 2019 was a historical day for Kolektor Etra. We have signed the largest contract in the history of our operations in amount of 20 mio EUR. It is a contract with Finish buyer Fingrid for the supply of 7 pieces of 400kV transformers, which will be manufactured and delivered by 2023.

Fingrid generated 852.8€ mio EUR of revenue last year and owns the entire Finnish transmission network with 66 transformers (400 and 220 kilovolt) and 116 transformer stations. It is also a member of the association of the international organization ENTSO-E, which connects 43 transmission system operators from 36 countries in Europe as well as outside of EU. It also owns 18.8% of Nord Pool, the larges energy exchange in Europe.

First two of these seven transformers will be delivered to Finland by the end of 2020.