Worldwide Re-organization Siemens Water Technologies

Since the acquisition of USFilter in 2004, the worldwide water business of Siemens has grown to a total of EUR2 billion, according to the latest figures. In addition, the company's water business, which was originally US-based, has turned over more than one third outside of U.S. With its global network, Siemens has created an outstanding general framework for further development of its water business in future. In the new organization, the four segments will drive growth by combining responsibility for service development with product management. There will be a direct connection between technology and service offerings. CEO Haslestad expects that sales opportunities in different countries would be improved by the worldwide service network while development and market launching of innovations would be made more efficient. In future, the industry segment will offer products, services, and solutions for process water, wastewater, recycle and reuse, and waste-to-energy in the biopharmaceutical, chemical, food, microelectronics, oil and gas industries, and power, as well as in pulp and paper and in open-cast mining and in the production of iron and steel. The municipal business segment will bear worldwide responsibility for products, solutions and aftermarket services for drinking water, wastewater, reuse, as well as for the automation of sewage plants and pipeline networks. The chemical feed segment will continue to offer its disinfection portfolio to industry and communities worldwide.

In the context of the re-organization of "Water Technologies", Haslestad wants to tighten up the way in which the segments are run, in addition to having a stronger orientation to the market and focusing on target groups. Siemens Water Technology intend to continue growing more quickly than the market, which is currently expanding at a rate of six percent per year worldwide - and aim to achieve this goal especially in individual regions such as China and India where the growth potential is double the global average. Now that the company has a central platform in Singapore for our business in Asia and in Dubai and Abu Dhabi for the Middle East, they will pursue this strategy in Europe as well. Before the end of this year, the aim is to centrally coordinate water business for Europe in order to accelerate regional expansion and intensify the company's local presence.