Egytrafo Eyes EGP140mn Sales within 2014
Cairo-based Engineering Establishment for Electrical Industries (Egytrafo) is aiming boosting its sales’s volume to EGP140millionn , registering 15% growth rate in compared to the last year.
Chairman of Egytrafo Atef Abdel Moneim asserted that his firm is seeking increasing production capacity to 450 transformers per month instead of the current production capacity which ups to 250 per month.
It is schedule to inaugurate Egytrafo’s new plant for oil transformers within the upcoming month with 1500 annually transformers and EGP48million investments, noting that the firm has recently extended through inaugurating new production lines with EGP10million total cost, Abdel Moneim explained.
In 2012, Egytrafo inaugurated plant for dry transformers with EGP40million investments and 1200 production capacities per day.
