Abstract: Compact dry transformer (1A) consisting of a magnetic material core (2) provided with a first heat sink consisting of covers (10) having cooling fins (11) on the outer surface thereof. The transformer also consists of a coil assembly (3,4) provided with a second heat sink consisting of enclosures (12) having cooling fins (14) on the outer surface thereof. The second heat sink further consists of jackets (15) with heat pipes (17) containing a thermic fluid having low boiling point at vacuum such as water. The heat pipes consist of evaporator portions and condenser portions having cooling fins (21) on the outer surface thereof. Due to the heat sinks heat dissipation efficiency of the transformer is improved (FIG. 3).