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Siemens AG Wittelsbacherplatz 2 80333 München, Germany http://www.siemens.com
Contact Ms Monika Brücklmeier +49 89 63634782
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Siemens AG

Siemens to invest additional €150 million in China

(PresseBox) (Munich / Beijing, )
Siemens intends to invest considerably more in China than previously planned. Besides the investments of around €1 billion by 2010, which were announced at the end of 2006, an additional €150 million is now earmarked for investment over the next three years in, among other things, the expansion of production capacities for alternative energies. "China is our largest market after Germany and the U.S. and a key driver of our worldwide business. With the planned investments, we want to further expand our presence in this vital market," said Siemens President and CEO Peter Löscher.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.