PFISTERER SEFAG AG, a Swiss subsidiary of the German PFISTERER Holding AG, announces today that the sale of its South African subsidiary PFISTERER SA Holdings (Pty) Ltd. to the South African investment group Thesele Group (Pty) Ltd. has been completed successfully.
The Supervisory Board of PFISTERER Holding AG announces, that Mr. Michael Keinert, CFO, has left the Executive Board of the PFISTERER Holding AG with immediate effect. Martin Billhardt, CEO, takes over his departmental responsibility on a temporary base.
Dr.-Ing. Bernhard Kahl, formerly Chief Operating Officer, left the company. This is announced by the Supervisory Board of PFISTERER Holding AG. In addition Dorothee Staengel, member of the owner family, resigns her seat on the Supervisory Board.
The frequency of blackouts is increasing in many countries and the USA is no exception. This is due to the continued use of outdated power transformers that have been in service for decades, making them prone to failure. However, a new emergency concept will enable a power supply to be restored in a very short time.
PFISTERER has expanded its line of gas-free joints with the dry, pluggable CONNEX size 6 cast resin joint. The new cable connection for voltages of up to 170 kV is quick and easy to install, which is why it is particularly well suited to offshore assembly operations on ocean platforms and is compatible with versatile emergency mobile transformers.