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BNS - Trafotek Oy, a manufacturer of current transformers and voltage stabilizers based in Turku, Finland, wishes to set up a plant in the Rae technology park outside Tallinn that would give work to 50 people, the daily Eesti Paevaleht said.
"We're going to build the new plant from scratch," the manager of Trafotek, Pertti Arvonen, told the newspaper. The company expects to start the construction of the plant building having a floor area of about 4,000 square meters in October.
Arvonen would not disclose the size of the investment or the plant's planned capacity.
Trafotek Oy posted a turnover of 55 million euros for 2009. The company employs 280 people in Finland.
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