Zurich (SIX Swiss Exchange) at 2012-05-16 13:25:00 (ABBN VX) 0.71% 15.65 CHF
Stockholm (NASDAQ OMX) at 2012-05-16 12:59:00 (ABB) 0.17% 117.80 SEK
New York (NYSE) at 2012-05-15 16:03:00 (ABB) -0.12% 16.45 USD
ABB wins $250 million power orders in Saudi Arabia to expand grid capacity

ABB, the leading power and automation technology group, has won orders worth more than $250 million from the Saudi Electricity Company (SEC), Saudi Arabia’s national power transmission and distribution operator, to construct new substations and reinforce existing ones, to help address the growing demand for electricity. The orders were booked in the fourth quarter of 2011.

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As one of the world’s leading engineering companies, we help our customers to use electrical power effectively and to increase industrial productivity in a sustainable way.

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