ABB acquires major switchgear company in Poland

Acquisition completes ABB’s scope of power transmission and distribution equipment and services in Poland

Zurich, Switzerland, August 12, 1997 - ABB, the international electrical engineering company, has signed an agreeement with the Polish State Treasury Ministry to acquire the ‘ZWAR’ Group, one of Poland’s leading manufacturers of switchgear and high-voltage equipment. The company, to be named ‘ABB ZWAR’, will be 80-percent owned by ABB, with the remaining 20 percent retained by the Polish government. The ZWAR Group comprises four factories - two in Warsaw, one north of Warsaw in Przasnysz, and one west of Gdansk in Lebork. Altogether, they employ 1,750 people and are major suppliers to the Polish market.

The new company manufactures a wide range of products for applications in power transmission and distribution for utilities and industry, including medium and high-voltage switchgear, instrument transformers and surge arrestors. The four factories are all certified to international quality standard ISO 9001 and were previously licencees of ABB for various advanced circuit breaker designs. The new company will gain by sharing in ABB’s latest technology across this wide field and from further investment over the next five years to modernize production facilities, enhance environmental performance and transfer know-how in management and information systems.

This acquisition forms an important part of ABB’s business development plan for Poland, adding a highly skilled, competent and experienced partner to complete the scope of ABB’s presence on the Polish market in the field of power transmission and distribution. The purchase agreement remains subject to approval by the regulatory authorities concerned.

Including this acquisition, ABB employs approximately 8,500 people in Poland. ABB ZWAR will be a member of ABB’s Power Transmission and Distribution Segment which employs 51,000 people worldwide with orders in 1996 of approximately US$ 10 billion. The ABB Group employs 216,000 people worldwide with orders in 1996 of over US$ 36 billion. (End)

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    Contact us

    • Mr. John Fox
      ABB Corporate Communications, Zürich
      Tel: +41 1 317 7371
      Fax: +41 1 317 7958
    • Ms. Beata Kopczynska
      Country Communications Manager, Poland
      Tel: +48 22 608 0724
      Fax: +48 22 822 7346
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