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Electronics Production | November 13, 2006

Siemens near 300m-euro in Romania

Siemens is reportedly close to reach a 300m-euro turnover for its Romanian operations.
German group Siemens posted a turnover worth 290.3 million euros in Romania in the 2006 fiscal year ending September 30, a 21% increase against the same time last year. The growth seen for all activities that Siemens conducts here exceeded the group's global growth in 2006, which stood at 16%.

"Given the integration into the European Union, the local market offers many opportunities, especially in the infrastructure field," said Adrian Baicusi, general manager of Siemens Romania.

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