Transformer Order from Britain Worth 50 Bln Won Secured

SEOUL, May 4 (Korea Bizwire) – An affiliate of shipbuilder Hyundai Heavy Industries Co. and trading company POSCO DAEWOO secured a 50 billion-won (US$44 million) transformer order from Britain’s National Grid plc, the companies said Wednesday.  Hyundai Electric & Energy System and POSCO DAEWOO said they signed the deal to supply 23 high-pressure transformers to [...]