The group has seven companies in Romania and 2,200 employees.
“Sales in Romania registered sustainable growth. The consolidated turnover of Siemens companies in Romania grew more than 22% in the 2018 financial year (Oct 1, 2017 – Sept 30, 2018) compared with the previous financial year,” Titus Loew, CFO Siemens Romania, said Thursday.
Growth was due to investments in energy and railway infrastructure and solid results in industrial automation and medical equipment.
“In 2018 we finalized major projects and won new contracts, including in the Republic of Moldova. We continue to see potential for development in all our fields of activity mainly due to digitization and globalization,” said Cristian Secosan, CEO Siemens Romania.
Globally, Siemes group reported a turnover of EUR83 billion and a net profit of EUR6.1 billion in the financial year ended September 30, 2018.