How did Europower Enerji's investment affect its shares?

Europower Energy's Power Transformer Production Facility

Europower Energy (EUPWR) is drawing attention with its new power transformer production facility investment. In a statement, the company announced that the Europower World Power Transformer Factory, established with an investment of approximately 100 million dollars, is set to complete its construction and production line setup by the first half of 2025. Following the investment, EUPWR shares rose by nearly 6%.

Production Capacity of the Factory

The facility located in Ankara is set to produce three-phase power transformers of up to 1000 MVA and 550 kV, as well as single-phase power transformers of up to 400 MVA and 550 kV. Additionally, reactors of up to 250 MVA can also be manufactured. This new facility incorporates next-generation manufacturing technologies and is equipped with critical machinery and testing infrastructure of European origin.

Market Expectations and Strategic Importance

The establishment of the facility is considered a strategic move in a period where the global power transformer market is projected to reach approximately 25-30 billion USD and is expected to grow to 50 billion USD by 2035. Girişim Electric Group embraces the vision of being "The Leading Group in the Electricity and Energy Sector" and aims to be a significant player in this market with the slogan "We Are Everywhere You Need Energy."

Market Reaction

The news had a significant impact on the market; EUPWR shares began trading with an increase of nearly 6% immediately after the announcement. As of 15:33, the shares were trading at 28.70 TL, up 4.44%.

The information provided here does not constitute investment advice. Please pay attention to the relevant disclaimer for information.