n addition to the energy segment, rail technology is also a very promising market in Russia – and one for which Siemens and its Russian partners can provide high-tech solutions. The joint venture established in Yekaterinburg with Russia's Sinara Group in 2010 has already received more than €3 billion in orders for the production of advanced freight locomotives and regional trains. Local manufacturing capacity – in particular, for the production of regional trains – will now be substantially expanded through investments of several hundred million euros. Siemens' joint venture in St. Petersburg for the production of drives systems for trains will also be expanded through additional investments of over €20 million.
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China - refined copper consumption growth set to slow in 2012 - 0 views
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Siemens announces investments in Russia of €1 billion - 0 views
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