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transformers

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Ganz Company’s Turnover Doubled in 2024

D&T
Apr 17, 2025

Ganz Transformers and Electric Rotating Machines Ltd. closed the 2024 business year with an outstanding result, its net sales more than doubled compared to last year, and its profit after tax increased almost fourfold, the company told MTI on Thursday. According to a statement, the net sales of the company, which has been 100% Hungarian-owned […]

Transformer Manufacturer Ganz Doubles Revenue

D&T
Apr 17, 2023

Compared to 2021, the sales revenue of Ganz Transformer and Electrical Rotating Machinery Manufacturing Ltd. almost doubled to a total of EUR 43.89 million – roughly HUF 17.5 billion – in 2022, the heavy machinery manufacturer said in a statement sent to MTI on Monday. They pointed out that the company's operating profit increased to […]

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