CROATIAN TRANSFORMER MANUFACTURER SELLS LICENCE TO MALAYSIAN COMPANY

COMPANY $ HONG KONG, Aug 12 (Hina) - Croatia's electric equipment manufacturer Koncar signed an agreement with the Malaysian company Zanwa in Kuala Lumpur last week on the sale of a licence for the manufacturing of power transformers. The signing ceremony was also attended by representatives of Siemens, which became a majority owner of the Zagreb factory "Koncar Energy Transformers" in 1995, senior Malaysian government officials and the Croatian ambassador to Kuala Lumpur. "The agreement on the transfer of technology for the manufacturing of large power transformers is strategically important because it promotes Koncar not only in Malaysia," Koncar director general Vjekoslav Srb told Hina. Under Koncar's licence and under the supervision of its experts, Zanwa will build a factory of large, 30-240MW energy transformers, which will be the first factory of that kind in Malaysia. The technology has been developed in the Koncar Energy Transformers factory and is a result of the 40-year-long work of Koncar experts. Transformers manufactured in Koncar plants in Croatia have been delivered to more than 50 countries, including Malaysia. Zanwa director general Zainal Abidin did not hide his satisfaction and optimism at the signing ceremony. "The first order worth DM 9 million has already arrived," he told Hina. (hina) vm jn 121433 MET aug 97