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Power Machines in $72 mln deal with Croatia power plant

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MOSCOW, February 26 (RIA Novosti) - Power Machines, Russia's leading heavy machinery manufacturer, will supply $72 mln of equipment to a thermal power plant being built in Croatia, the plant's general contractor said on Tuesday.

Power Machines and Russian state-controlled power plant builder Technopromexport signed on Tuesday a contract under which the heavy industry manufacturer will deliver power equipment for the Sisak-3 thermal power plant, located some 50 km (30 miles) from Zagreb, Croatia's capital.

Under the contract, Power Machines will deliver equipment in 2009 while the thermal power plant will be launched in the second quarter of 2010.

Established in 2000, Power Machines is involved in the maintenance and modernization of equipment for steam, nuclear, hydro, and gas turbine power plants.

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