Ganz transformers forecasts strong growth in 2023

2023-2-14 Ganz

Ganz Transformers and Electric Rotating Machines Ltd. has announced that it has achieved “strong growth, maximized its production capacity, and strengthened its market position both in Hungary and abroad” in 2022.

In 2022, the company manufactured two transformer units with a capacity of 250 MVA and 400 kV, and two additional transformer units with a capacity of 160 MVA and 220 kV each, for a total of nearly HUF 4 billion for MAVIR. The commissioning of the high-capacity units is currently underway at the Oroszlány substation, the 400/132 kV substation in Perkáta, and also at the MAVIR 400/132 kV substation in Sándorfalva.   

In the second quarter of 2023, the company will also deliver its largest power transformer of the year, a 500 MVA and 400 kV unit, to the MAVIR substation in Kerepes.

At the end of last year, Ganz as the winner of an open public procurement procedure also signed the largest contract of recent years with MAVIR, worth nearly HUF 11.5 billion.  As part of this agreement, Ganz will produce three 160 MVA and one 250 MVA transformer unit for MAVIR in 2023. For 2024, the parties have already agreed to deliver four additional 250 MVA units.

In addition to the units produced for MAVIR, the company has also delivered a 44 MVA transformer worth nearly HUF 255 million to MOL Petrochemicals Co. Ltd. in Tiszaújváros.