Voith Hydro has announced that its Swedish operating unit, formerly active on the market as VG Power AB, will now be trading under the name of Voith Hydro AB.
Voith Hydro had acquired all shares in the former VG Power AB in 2013 and thereby increased the majority stake existing since 2006 from 51% to 100% of the shares.
“The name change enhances our role we have within the Voith Hydro Group since 2006. Our specific expertise in generators together with Voith Hydro's long-term experience in complete hydropower solutions is appreciated by our customers and successful both locally and globally", commented Stefan Borsos, CEO of Voith Hydro AB in Västerås.
