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Press Release16 November 2012Siemens AGMoscow, Russia
Siemens signs agreements with Russian partners on various infrastructure projects
During the 14th round of the Russian-German intergovernmental consultations in the presence of Mr. Vladimir Putin, President of Russia, and Ms. Angela Merkel, Chancellor of the Federal Republic of Germany, Siemens signed a number of agreements with Russian partners. "Russia is a very important market for Siemens. With a comprehensive portfolio of innovative and ecofriendly technologies, we're a reliable partner for the modernization of the country's infrastructure," said Peter Löscher, President and CEO of Siemens AG.
During the 14th round of the Russian-German intergovernmental consultations in the presence of Mr. Vladimir Putin, President of Russia, and Ms. Angela Merkel, Chancellor of the Federal Republic of Germany, Siemens signed a number of agreements with Russian partners. "Russia is a very important market for Siemens. With a comprehensive portfolio of innovative and ecofriendly technologies, we're a reliable partner for the modernization of the country's infrastructure," said Peter Löscher, President and CEO of Siemens AG.
Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 165 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world's largest provider of environmental technologies. Around 40 percent of its total revenue stems from green products and solutions. In fiscal 2012, which ended on September 30, 2012, revenue from continuing operations was €78.3 billion and income from continuing operations was €5.2 billion. At the end of September 2012, Siemens had around 370,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at: http://www.siemens.com.