Cooperation strengthened between Stroytransgaz and Siemens

Today in the framework of the St. Petersburg International Economic Forum, the cooperation agreement between PJSC Stroytranshaz and Siemens Ltd, has been signed by Vadim Gurinov, Chairman of the Board and General Director Stroytransgaz and Dr Dietrich Moeller, President of Siemens Russia and Central Asia. 

The agreement covers the technical and commercial cooperation between the parties in the supply of the electrical equipment and services on construction and reconstruction of the power and power generation facilities in Russia. Specifically, the companies plan on joint participation in tenders for procurement of electrical equipment. The companies intend to engage the innovations and equipment of Siemens in the joint projects. The agreement, remaining valid until 2017, provides for the cooperation in providing maintenance to the Siemens equipment supplied by Stroytransgaz on site of the end clients, as well as for the training of the electrical engineers to operate and service the equipment of the German corporation.   

“For Siemens, the cooperation with Stroytransgaz opens new possibilities for expanding business in Russia. We are widely known as a supplier of the innovative solutions for the energy industry. Together with our partners, we see a whole number of dimensions where our companies could cooperate fruitfully and effectively. As a global leader in the cutting-edge technology, Siemens is committed to contributing to the dynamic development of the Russian economy.” said Dr Dietrich Moeller, President of Siemens Russia and Central Asia.

“We are happy to have Siemens, the leading electrical appliances company, as a partner of Stroytransgaz. With its long-standing and successful record in the Russian market, Siemens supplies the equipment that meets all international standards to its partners. By combining our expertise and employing the cutting-edge technology and best practices of the energy supply project management, we will be able to make a considerable contribution in development of the industry.” said Vadim Gurinov, General Director of Stroytransgaz.

About Siemens
Siemens AG (Berlin and Munich) – is the world’s leading electrical appliances and equipment suppliers. The corporation's core activities include industry, energy and healthcare as well as providing infrastructure solutions primarily for cities and metropolitan centers. For 165 years, the name Siemens has been synonymous with technical progress, innovations, quality, reliability and international cooperation. The company is the biggest supplier of environmentally safe technologies with over 40 per cent of the total revenue generated by the green products and solutions. In the 2012 fiscal year, the turnover of the corporation amounted to 78.3 bn Euro with revenue of the core businesses being 5.2 bn Euro. As of the end of September 2012, Siemens had 370,000 employees.   
 
Siemens Ltd is the parent company of Siemens in the Russia and Central Asia regional cluster that also includes Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. In these countries, the company is active in all its core businesses and is present in over 40 cities where it takes the leading position as a supplier of products, services and complex solutions for modernizing key industries of economy and infrastructure. 
Siemens Russia and Central Asia has over 3200 employees. The amount of sales in Russia, Belarus and Central Asia in fiscal 2012 (as of 30 September) totaled to 2.4 bn Euro and with the revenue reaching almost 1.9 bn euro. For more information please visit: www.siemens.com

About Stroytransgaz
Stroytransgaz is one of the major Russian construction companies. Core businesses of the company include  construction and design of energy facilities, complex construction of oil and gas as well as petrochemical facilities, and the road and environmental construction projects. Stroytransgaz is present in 14 countries of the world. The Company provides turn-key services in large-scale industrial construction projects – from designing the project documentation to the providing the guarantee maintenance. 20 years of expertise, accumulated by the specialists of Stroytransgaz, allows the company to operate in the most adverse climates and weather conditions.