Siemens Austria Has Growth Targets

IndustrialsIndustrial Goods ♦ Published: February 24, 2012; 16:40 ♦ (Vindobona)

The Austrian subsidiary of the German Siemens Group builds a new factory at the Viennese sub-headquarters.

Siemens Austria Has Growth Targets / Picture: © Siemens AG Österreich

Siemens Austria invests € 50m in its Viennese production site in Simmering. Within the next two years, Siemens Austria plans to grow by 50% in the local traffic sector. Sandra Gott-Karlbauer, executive for the subway and tram segment, emphasized Siemens Austria´s target of becoming one of the world´s largest producers. Especially Europe and Asia are seen as growth markets. At the…