Siemens and REP Holding entered production line for electric motors in a joint venture in St. Petersburg

In St. Petersburg, at LLC "Siemens Power" (a joint venture of Siemens AG and CJSC "REP Holding") introduced a production line for electric motors. As the press service of the company, the launch of the new line is the first major step in the development of the plant, after in 2010. Siemens increased its participation in the authorized capital of OOO "Siemens Power" from 50% to 66%, and put together with "REP Holding" about 25 million euros in infrastructure and production facilities of the joint venture.

Siemens AG implemented the project in St. Petersburg requires localization technology group in Russia. It is assumed that "Siemens Power" will become a center of excellence Russian Siemens services and high-performance engines.

OOO "Siemens Power" was created in 2006. in St. Petersburg, is a joint venture between Siemens AG and CJSC "REP Holding".

Concern Siemens AG is represented in over 190 countries and has more than 400 thousand employees. In Russia, Siemens works in all traditional areas of activity (medical and industrial equipment, energy, transportation, communications, etc.) and is present in 30 regions of the country. The history of Siemens in Russia dates back to the middle of the XIX century.

JSC "REP Holding" (St. Petersburg) was established in 2004. Holding provides engineering design, comprehensive supply power equipment for oil, gas, chemical, power, shipbuilding and other industries. The holding comprises 12 industrial enterprises, in particular, plant and Nevsky "Electropult."

Like this post? Please share to your friends: