The Italian company FIMER will take over the business with solar inverters from ABB. Both companies have agreed on a handover that will not affect employees or customers. Among other things, FIMER will pay ABB a non-operating cost of approximately USD 430 million for 2Q 2019 with a call for the mid-year balance. In addition, ABB expects USD 40 million in business transfer costs to be paid out at the end of 2019.
- ČIA -