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December 9, 2012
21:54 EDTTOSYYToshiba wins EPC contract for HVDC power conversion system
Toshiba announced that Toshiba and Toshiba T&D Europe ,TTDE, a subsidiary located in Genoa, Italy have won an Engineering, Procurement and Construction, EPC, contract for a High Voltage and Direct Current, HVDC, power conversion system for an undersea power transmission line between Cepagatti, Italy, and Kotor, Montenegro. The project will deliver a maximum 1,000MW of power to Cepagatti and will contribute to the integration of the Southeastern Europe and EU power grids. Toshiba will initiate construction of the project in September 2013 and start delivery of equipment in April 2015. Conversion stations along the route are expected to start operation in September 2017.
News For TOSYY From The Last 14 Days
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October 8, 2015
06:15 EDTTOSYYToshiba and SanDisk among Tsinghua's takeover targets, DigiTimes reports
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October 2, 2015
05:57 EDTTOSYYToshiba no longer selling consumer notebooks in Taiwan, DigiTimes reports
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October 1, 2015
09:06 EDTTOSYYToshiba's Westinghouse Electric acquires Multibus I product line
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07:39 EDTTOSYY30 more Toshiba execs identified in accounting scandal, Bloomberg says
Toshiba has identified 30 additional executives linked to an accounting scandal that has already resulted in the resignations of three former presidents and reduced the reported profit by roughly $1.3B, Bloomberg reports. The managers will be punished, but remain with the company, the report says. Reference Link
06:32 EDTTOSYYToshiba may cut jobs in TV, PC businesses, Reuters reports
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06:30 EDTTOSYYNew Toshiba CEO Muromachi expects to leave within 3 years, WSJ says
Newly appointed Toshiba CEO Masashi Muromachi said that he anticipates leaving the position within the next three years, the Wall Street Journal reports. "It's hard to imagine I would remain in the position for three years or more," Muromachi told reporters. Reference Link

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