TURBO SYSTEMS MYANMAR LIMITED
Turbo Systems Myanmar Limited is a private limited company registered in Myanmar under registration number 125270824, with the Directorate of Investment and Company Administration (DICA) recording 1 January 2020 as its incorporation date. The current status of the entry on Myanmar’s DICA-run Companies Online (MyCO) register is not shown on the on-file record; public access to MyCO has been restricted since 2021, per Myanmar Now reporting on the junta-controlled registry.
The company provides technical services for the supercharging of internal combustion engines — repair, refurbishment, upgrades, component provision and maintenance — for marine, traction and power-plant engines and equipment. It operates a certified service-station site at Block 4/5, Thilawa Road, Thilawa Industrial Zone (Local), Kyauktan Township, Thanlyin, Yangon, 11301, within the global turbocharging service network led by Accelleron Switzerland Ltd. (formerly ABB Turbo Systems Ltd), as listed in the appendix to DNV management-system certificate no. C573953 (ISO 9001:2015), dated 17 April 2025.
Turbo Systems Myanmar Limited traces to ABB’s former turbocharging division, which separated from ABB Ltd as the independently listed Accelleron group in October 2022. According to the audited consolidated financial statements of ultimate parent Accelleron Industries AG for the year ended 31 December 2024, published 13 March 2025, Turbo Systems Myanmar Limited was recorded as “a legal entity in liquidation” — a material recent development not reflected in the underlying Myanmar registry snapshot.
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Shareholders
Turbo Systems Myanmar Limited’s shareholder register is filed with Myanmar’s Directorate of Investment and Company Administration (DICA) under the Myanmar Companies Online (MyCO) system. Public access to shareholder filings on MyCO has been restricted since 2021 under measures introduced by Myanmar’s ruling administration, and the on-file registry card for this company notes that public access to Myanmar shareholder filings may be limited under sanctions; no named shareholders of record were independently obtained for this profile. At the group level, however, Accelleron Industries AG’s audited consolidated financial statements for the year ended 31 December 2024 (Note 25, Subsidiaries) report a 100% economic interest in Turbo Systems Myanmar Limited held within the Accelleron group, with voting rights and ownership reported as equal for this subsidiary. The specific intermediate entity that directly holds those shares is not identified in that disclosure.
Ultimate beneficial ownership
No natural-person ultimate beneficial owner of Turbo Systems Myanmar Limited was identified in the sources reviewed. The company is wholly owned within the Accelleron group, whose ultimate parent, Accelleron Industries AG, is itself a publicly listed, widely held company on the SIX Swiss Exchange (ticker ACLN) rather than a natural person.
Data availability
Shareholder information for Turbo Systems Myanmar Limited is classified as Restricted: Myanmar’s DICA register requires direct access that was not available for this profile, and no shareholder-of-record names could be independently verified. The 100% Accelleron-group economic interest is confirmed only at the consolidated-group reporting level, not from the underlying Myanmar share register.
Sources
- Accelleron Industries AG, Annual Report 2024, Consolidated Financial Statements, Note 25 (Subsidiaries), published 13 March 2025
- Myanmar Now — “Myanmar junta restricts access to corporate registry database”, retrieved 2026
- DICA — Myanmar Companies Online (MyCO), myco.dica.gov.mm
Group Structure
Turbo Systems Myanmar Limited is not an independent company; it is a 100%-owned subsidiary within the Accelleron group of turbocharging service and engineering companies. The group’s ultimate parent is Accelleron Industries AG, headquartered in Baden, Switzerland and listed on the SIX Swiss Exchange under ticker ACLN. Accelleron separated from ABB Ltd as an independently listed group following a shareholder-approved spin-off completed on 3 October 2022, under which each ABB Ltd shareholder received one Accelleron share for every 20 ABB Ltd shares held; before that date the turbocharging business, including this Myanmar entity, operated under ABB. Sister companies confirmed under the same ultimate parent include Turbo Systems Australia Pty Ltd, Turbo Systems Iberia, S.L., Turbocharging UK Limited, Turbo Systems South East Asia Pte. Ltd. and Accelleron Lanka (Private) Limited, among numerous other country-level “Turbo Systems”/”Turbocharging” entities. The on-file corporate-linkage data for this company still places it under a legacy “ABB Ltd” grouping, which predates the 2022 Accelleron spin-off and should be treated as outdated.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Accelleron Industries AG | Switzerland | Not disclosed | Ultimate parent | 100% economic interest (group-level, per Note 25) | Listed, SIX: ACLN | 31 December 2024 (filed 13 March 2025) |
| Turbo Systems Australia Pty Ltd | Australia | Not disclosed | Sister company (common ultimate parent) | 100% (group-reported) | Active | 31 December 2024 |
| Turbocharging UK Limited | United Kingdom | Not disclosed | Sister company (common ultimate parent) | 100% (group-reported) | Active | 31 December 2024 |
| Turbo Systems South East Asia Pte. Ltd. | Singapore | Not disclosed | Sister company (common ultimate parent) | 100% (group-reported) | Active | 31 December 2024 |
Recent structural changes
- Change of ultimate parent from ABB Ltd to the newly independent Accelleron Industries AG, completed via spin-off and SIX Swiss Exchange listing on 3 October 2022 (source: ABB news release and Accelleron listing announcement).
- Turbo Systems Myanmar Limited was recorded as “a legal entity in liquidation” in Accelleron Industries AG’s audited consolidated financial statements as of 31 December 2024, published 13 March 2025 — the most recent verified status change for this specific entity.
Data availability
Group-structure information for Turbo Systems Myanmar Limited is classified as Partial: the ultimate parent and a 100% group-level economic interest are confirmed through Accelleron Industries AG’s audited annual report, and several sister companies are independently named in the same disclosure, but the immediate/direct parent entity holding the Myanmar shares, and the registration numbers of the related entities, are not disclosed in the sources reviewed. Myanmar’s own DICA register does not publish independently accessible corporate-linkage data for this company.
Sources
- Accelleron Industries AG, Annual Report 2024, Consolidated Financial Statements, Note 25 (Subsidiaries), published 13 March 2025
- Accelleron Industries AG / DNV, Management System Certificate no. C573953 (ISO 9001:2015) and appendix, dated 17 April 2025
- ABB — “ABB to spin off its Accelleron turbocharging business” and “Accelleron — the new face of ABB Turbocharging”, new.abb.com news center
ABB Ltd
Switzerland
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Frequently Asked Questions
What does TURBO SYSTEMS MYANMAR LIMITED do?
Turbo Systems Myanmar Limited provides technical services — repair, refurbishment, upgrades, component provision and maintenance — for the supercharging of internal combustion engines used in marine, traction and power-plant equipment, operating a certified service-station site in the Thilawa Industrial Zone near Yangon within the global turbocharging network led by Accelleron Switzerland Ltd.
Who owns TURBO SYSTEMS MYANMAR LIMITED?
Turbo Systems Myanmar Limited's share register is filed with Myanmar's DICA and is not publicly accessible; however, Accelleron Industries AG's audited consolidated financial statements for the year ended 31 December 2024 report a 100% group-level economic interest in Turbo Systems Myanmar Limited.
Who is TURBO SYSTEMS MYANMAR LIMITED's UBO (Ultimate Beneficial Owner)?
No natural-person ultimate beneficial owner is identified. Turbo Systems Myanmar Limited is wholly owned within the Accelleron group, whose ultimate parent, Accelleron Industries AG, is a publicly listed, widely held company on the SIX Swiss Exchange (ticker ACLN).
What is TURBO SYSTEMS MYANMAR LIMITED's company registration number?
TURBO SYSTEMS MYANMAR LIMITED's registration number is 125270824, filed with DICA — Myanmar Companies Online (MyCO) in Myanmar.
What is TURBO SYSTEMS MYANMAR LIMITED's registered address?
The registered address on file for TURBO SYSTEMS MYANMAR LIMITED is Yangon, Myanmar.
What legal structure is TURBO SYSTEMS MYANMAR LIMITED registered as?
TURBO SYSTEMS MYANMAR LIMITED is registered as a Private limited company (Ltd.) in Myanmar.
Is TURBO SYSTEMS MYANMAR LIMITED listed on a stock exchange?
Turbo Systems Myanmar Limited itself is not listed on any stock exchange. Its ultimate parent, Accelleron Industries AG, is listed on the SIX Swiss Exchange under ticker ACLN.
Does TURBO SYSTEMS MYANMAR LIMITED have a parent company or subsidiaries?
Turbo Systems Myanmar Limited is a 100%-owned subsidiary within the Accelleron group, whose ultimate parent is SIX Swiss Exchange-listed Accelleron Industries AG (ticker ACLN), separated from ABB Ltd via a spin-off completed 3 October 2022. Accelleron's audited FY2024 consolidated financial statements record the Myanmar entity as "a legal entity in liquidation" as of 31 December 2024.
Can Zavia monitor changes to TURBO SYSTEMS MYANMAR LIMITED's ownership over time?
This profile reflects a point-in-time snapshot from DICA — Myanmar Companies Online (MyCO). Zavia's monitoring API can track changes to TURBO SYSTEMS MYANMAR LIMITED's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access TURBO SYSTEMS MYANMAR LIMITED's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Myanmar, so records like TURBO SYSTEMS MYANMAR LIMITED's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from DICA — Myanmar Companies Online (MyCO) and was last synced on 13 August 2026.