Cairo-based Engineering Establishment for Electrical Industries (Egytrafo) is planning to inaugurate within February 2014 its new oil transformers plant in Ethiopia, with estimated investments worth around EGP 48 million (US$ 6.96 million). Egytrafo Chairman Atef Abdel Moneim said his firm's plant in Ethiopia is set to generate around 2400 oil transformers per year, noting that the plant is built on a space of 5000 m2 and the firm is currently completing the installation of machines and equipments. Egytrafo plant is co-founded by the Egyptian firm and Ethiopian partners, he added. Abdel Moneim also referred that the new plant is the first of its kind in Ethiopia. Therefore, such a matter would increase chances of success for the new plant. About Egytrafo: Egytrafo Group has experience since 1979. It consists of Egytrafo which has been established since 1994 & it produces Oil Transformers ranging up to 15 MVA, 33 KV as well as Ni-Cd Batteries types KPL & KPM ranging up to 800 Ah. Egytrafo Industries has been established since 2007 as a result of Egytrafo's achieved success. It produces Dry Type Cast Resin Transformers up to 3.6 MVA, 22 KV. Egytrafo Group has 70% of the local market for Ni-Cd batteries & 15% for transformers. Exports of both products has been made to different countries as Afghanistan, Eritrea, Ethiopia, Ghana, Iraq, Jordan, Kenya, KSA, Lebanon, Nigeria, Qatar, Sudan, Syria, UAE, UK & Yemen.
