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Turkey as Growth Market for Siemens Austria

People ♦ Published: March 12, 2012; 17:29 ♦ (Vindobona)

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Siemens Austria ´s CEO Wolfgang Hesoun regards Turkey as most attractive growth market, as the economy is highly diversified and shows high economic growth rates.

Turkey as Growth Market for Siemens Austria / Picture: © Siemens AG Österreich / Rita Newman

The highest growth rates of Siemens Austria are achieved in Turkey, CEO Wolfgang Hesoun says. “Turkey has a well-positioned industry, but there is still a long catch-up process. There are many opportunities in the energy provision and in the infrastructure sector.” Hesoun refers to a high-speed railway project between the Turkish cities. Moreover, in Istanbul, a new subway system is…