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01 Apr 2019 | 12:55

Avingtrans wins contracts in the US and South Korea worth over $6m

Equipment supplier for the energy and medical sectors Avingtrans said business unit Hayward had won two new contracts worth over $6m from US and South Korea customers.

The contracts were to provide critical pumps and spare parts to nuclear reactors in the US and South Korea for essential service water pumps.

The US contract was with one of the country's 'leading nuclear operators' and was a significant increase in size of contract for this particular customer

The latest orders, for spare parts and pumps to upgrade and refurbish existing nuclear power plants, took the total value of nuclear orders received this financial year to $14m.

At 12:55pm: (LON:AVG) Avingtrans PLC share price was +5p at 207.5p

Story provided by StockMarketWire.com
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