Schneider Electric builds a new transformer plant in Samara

Russia, Samara: As earlier announced by the French electric equipment manufacturer Schneider Electric, the company has started building a new transformer manufacturing plant in Samara, Russia.

The first foundations will be laid today during a ceremony attended by the French Ambassador to Russia, President of Schneider Electric in Russia and President of the Elektroshchit – TM Samara, which was acquired in full by Schneider Electric in 2013.

The new Samara plant will be located next to another Schneider factory, Russky Transformator.

Source: Komsomoljskaya Pravda, Creditor Risk Monitor
Image: Diginomica