Industry: Manufacturing Location: Romania Transaction Price: USD 1 million Transaction Method: Equity Financing
Description of Requirement:
Romanian companies with extensive experience in the electricity market are producing electronic power equipment, e.g. for industrial applications, thermal and hydroelectric power plants. Static converters in the open-pit mining industry, trams, trolleybuses, electrical induction systems for subways and heating , ventilation and rail vehicle air conditioning systems. The company is looking to partner with foreign companies on the basis of subcontracting and manufacturing agreements.
details:
The Romanian company was founded in 1996 and initially produced equipment for the mining industry and thermal power plants. Over time, production capacity has developed and currently produces industrial power electronic equipment. Specifically, it manufactures heating and air conditioning equipment for light rail vehicles under license from an Austrian company. As such, it meets the high quality standards imposed by the large industrialists that local companies operate under their licenses.
The Romanian company manufactures a range of power electronic equipment such as: IGBT (Insulated Gate Bipolar Transistor) rectifiers, frequency converters, starters for asynchronous motors with wire-state rotors, automation cabinets for industrial applications, power plants, hydroelectric power plants factory or open pit mining. The products use new electronic power components (IGBT transistors, transducers, etc.), which are controlled and protected by microprocessors, electric traction systems for trams, trolleybuses, subways, and static converters. In addition, the company produces heating, ventilation and air-conditioning systems for trams, trains or subway frames for the domestic and foreign markets through proprietary technology partnerships with international companies.
Products of this type of equipment manufactured in southwestern Romania are shipped to Austria, from where they reach the ultimate beneficiaries, the large industrial giants. Basically the industrial air conditioning and heating equipment produced ends up equipping trams, trains or metro frames in Austria, Germany, Switzerland, Poland and most recently in Dubai and South Africa at the railway authorities - PRASA.
The Romanian company is interested in identifying new international business partners under subcontracting or manufacturing agreements for the production of the aforementioned equipment. The company will fulfill the order according to the customer's specifications.