Research Transformer Institute was established in 1959 (Decision of the Council of Ministers of the USSR No. 962 dtd. 07.08.1959).

By the order of the State Committee on Electrical Engineering with the Gosplan of the USSR No.113 of 21.10.1963 the Institute was conferred status of the All-Union Transformer Institute (VIT). In 1969 it was set a scientific engineering centre (SEC) of the Soviet Union in the field of transformer building. SEC carried out research and engineering developments and ensured coordination of works of 14 enterprises, 7 special design departments in the field of scientific and technological progress.

By the order of the Ministry of Industrial Policy of Ukraine No. 98 of 31.07.1992 the Institute was appointed the parent organization in the field of the development of power transformer equipment and high-voltage apparatus.

Under the Decree of the President of Ukraine No. 210/93 of 15.06.1993 “On Corporatization of State-Owned Enterprises”, by the direction of Zaporozhye Regional Council of People’s Deputies No.27 of 24.01.1995 the Institute was reorganized into Open Stock Company “Ukrainian Research, Design and Technological Transformer Institute” (OSC “VIT”).

In accordance with the Law of Ukraine “On Joint Stock Companies” and on the basis of the decision of OSC “VIT” shareholders’ general meeting of 10.06.2011 a type of our company was changed to Public Joint Stock company.

According to the results of attestation conducted by the Ministry of Industrial Policy of Ukraine VIT was ranked to research establishments with conferment of the highest category “A” for a term until October 20, 2012.

In 2003 the Institute got certificate of quality management system conformity to the requirements of ISO 9001:2000. In the year 2006 the term of validity was prolonged till 11.11.2009. In 2009 the Institute got a certificate of quality management system conformity to the requirements of of ISO 9001:2008.

The Institute is a powerful research and engineering centre, dealing with a large scope of research works, which allowed to create unique transformer equipment for HV classes of up to 1800 kV.