Interview with Mladen Banović on Bloomberg Adria’s Start
Transformer Magazine's Editor-in-Chief, Mladen Banović, explains why the transformer market’s next phase will separate winners from the rest.
Mladen Banović speaks with Nataša Belančić on Bloomberg Adria’s programme Start
On 12 February 2026, Transformer Magazine’s Editor-in-Chief, Mladen Banović, gave an interview to Bloomberg Adria for their programme Start, where he spoke with Nataša Belančić about key challenges facing the transformer industry, including overinvestment risks, labour shortages and supply chain instability.
Mladen discusses key structural risks facing the transformer industry today. While electrification, digitalisation and the energy transition remain strong long-term drivers, history shows that even the most powerful trends do not eliminate industry cyclicality.
The interview highlights the risk of overinvestment, especially in situations where production capacity is expanded despite unresolved labour shortages. The message is clear: investing in facilities without investing in people may deepen structural imbalances.
English subtitles are available for this video.
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