China Financial Daily

Siemens in the search for merger opportunities of Power Transmission and Distribution area
Xinhuanet in Frankfurt on March 6th (Lu Qunxin) Germany Siemens, said on 6th, that the department of company transportation and distribution of electricity is actively looking for merger opportunities, and want to be able to further expand market share in developing countries. The director of Siemens Power Transmission and Distribution Department Udovenko and Ralph Christian specially mentioned, that it was necessary to increase in countries of Russia, China, India and South Africa in investment, and said that if there is a suitable merger targets, they would certainly be positive with progressive.

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